Den Networks (NSE:DEN) Cash-to-Debt : 115.94 (As of Mar. 2024)

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What is Den Networks Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Den Networks's cash to debt ratio for the quarter that ended in Mar. 2024 was 115.94.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Den Networks could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Den Networks's Cash-to-Debt or its related term are showing as below:

NSE:DEN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 7.86 Max: No Debt
Current: 115.94

During the past 13 years, Den Networks's highest Cash to Debt Ratio was No Debt. The lowest was 0.32. And the median was 7.86.

NSE:DEN's Cash-to-Debt is ranked better than
88.89% of 990 companies
in the Media - Diversified industry
Industry Median: 1.215 vs NSE:DEN: 115.94

Den Networks Cash-to-Debt Historical Data

The historical data trend for Den Networks's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Den Networks Cash-to-Debt Chart

Den Networks Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

11.22

No Debt

91.12

115.94

Den Networks Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															91.12	N/A	107.75	N/A	115.94

Competitive Comparison of Den Networks's Cash-to-Debt

For the Entertainment subindustry, Den Networks's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Den Networks's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Den Networks's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Den Networks's Cash-to-Debt falls into.

Den Networks Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Den Networks's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	29578.14	/	(25.28	+	229.83)
	=	115.94

Den Networks's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	29578.14	/	(25.28	+	229.83)
	=	115.94

Den Networks (NSE:DEN) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Den Networks Cash-to-Debt Related Terms

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Den Networks (NSE:DEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Den Networks Ltd (NSE:DEN) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

533137:India

Address

Okhla Industrial Estate, Phase-Ill, New Delhi, IND, 110 020

Website

https://www.dennetworks.com

Den Networks Ltd is a cable television company in India engaged in the distribution of analogue and digital cable television services. It provides visual entertainment to its customers through cable TV, over-the-top entertainment, telecommerce, and broadband services. The business segments of the company consist of primarily Cable and Broadband. Its Cable segment includes the distribution and promotion of television channels and the Broadband segment consists of providing internet services. The company generates most of its revenue from its cable segment. Geographically, it derives revenue from India.