Homesfy Realty (NSE:HOMESFY) Cash-to-Debt : 96.94 (As of Mar. 2024)

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What is Homesfy Realty 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. Homesfy Realty's cash to debt ratio for the quarter that ended in Mar. 2024 was 96.94.

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, Homesfy Realty 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 Homesfy Realty's Cash-to-Debt or its related term are showing as below:

NSE:HOMESFY' s Cash-to-Debt Range Over the Past 10 Years
Min: 9.53 Med: 114.36 Max: No Debt
Current: 96.94

During the past 5 years, Homesfy Realty's highest Cash to Debt Ratio was No Debt. The lowest was 9.53. And the median was 114.36.

NSE:HOMESFY's Cash-to-Debt is ranked better than
90.36% of 1795 companies
in the Real Estate industry
Industry Median: 0.25 vs NSE:HOMESFY: 96.94

Homesfy Realty Cash-to-Debt Historical Data

The historical data trend for Homesfy Realty'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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Homesfy Realty Cash-to-Debt Chart

Homesfy Realty Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

No Debt

9.53

114.36

96.94

Homesfy Realty Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Cash-to-Debt	No Debt	No Debt	9.53	114.36	96.94

Competitive Comparison of Homesfy Realty's Cash-to-Debt

For the Real Estate Services subindustry, Homesfy Realty'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.

Homesfy Realty's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Homesfy Realty's Cash-to-Debt distribution charts can be found below:

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

Homesfy Realty 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.

Homesfy Realty'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)
	=	139.695	/	(0	+	1.441)
	=	96.94

Homesfy Realty'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)
	=	139.695	/	(0	+	1.441)
	=	96.94

Homesfy Realty (NSE:HOMESFY) 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.

Homesfy Realty Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Homesfy Realty's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Homesfy Realty (NSE:HOMESFY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Homesfy Realty Ltd (NSE:HOMESFY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1602, 16th Floor, Dev Corpora, Near Cadbury Junction, Thane, MH, IND, 400601

Website

https://www.homesfy.in

Homesfy Realty Ltd is engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers, and investors for residential and commercial space. It deals in newly constructed properties, whereby it assists Real Estate Developers in selling and potential customers in purchasing the properties. The company operates its business through direct selling from its in-house sales team and Direct Selling Agent listed on mymagnet platform for referral services.

Homesfy Realty (NSE:HOMESFY) Headlines

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