Vasa Denticity (NSE:DENTALKART) Cash-to-Debt : 62.90 (As of Sep. 2023)

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What is Vasa Denticity 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. Vasa Denticity's cash to debt ratio for the quarter that ended in Sep. 2023 was 62.90.

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, Vasa Denticity could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

NSE:DENTALKART' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.48 Max: 62.9
Current: 62.9

During the past 3 years, Vasa Denticity's highest Cash to Debt Ratio was 62.90. The lowest was 0.01. And the median was 0.48.

NSE:DENTALKART's Cash-to-Debt is ranked better than
88.66% of 97 companies
in the Medical Distribution industry
Industry Median: 0.79 vs NSE:DENTALKART: 62.90

Vasa Denticity Cash-to-Debt Historical Data

The historical data trend for Vasa Denticity'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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Vasa Denticity Cash-to-Debt Chart

Vasa Denticity Annual Data

Trend

Mar20

Mar21

Mar22

Cash-to-Debt

0.77

0.01

0.19

Vasa Denticity Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23
Cash-to-Debt	0.77	0.01	0.19	62.90

Competitive Comparison of Vasa Denticity's Cash-to-Debt

For the Medical Distribution subindustry, Vasa Denticity'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.

Vasa Denticity's Cash-to-Debt Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Vasa Denticity's Cash-to-Debt distribution charts can be found below:

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

Vasa Denticity 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.

Vasa Denticity's Cash to Debt Ratio for the fiscal year that ended in Mar. 2022 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)
	=	6.275	/	(18.3	+	14.329)
	=	0.19

Vasa Denticity's Cash to Debt Ratio for the quarter that ended in Sep. 2023 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)
	=	286.398	/	(4.553	+	0)
	=	62.90

Vasa Denticity (NSE:DENTALKART) 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.

Vasa Denticity Cash-to-Debt Related Terms

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Vasa Denticity (NSE:DENTALKART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Vasa Denticity Ltd (NSE:DENTALKART) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Village, P.O. Chattarpur, Khasra No. 714, South Delhi, Delhi, IND, 110074

Website

https://www.dentalkart.com

Vasa Denticity Ltd is engaged in the business of marketing and distributing a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile through our online portal Dentalkart.com. It operates an online channel housing approximately 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. sell a broad range of dental products including dental consumables such as adhesives, filling materials, and impression materials; dental equipment such as chairs, x-ray machines, and autoclaves; and dental instruments such as forceps, probes, and mirrors.

Vasa Denticity (NSE:DENTALKART) Headlines

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