Infinium Pharmachem (NSE:INFINIUM) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Infinium Pharmachem 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. Infinium Pharmachem's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt ⁽¹⁾.

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, Infinium Pharmachem could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(1) 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.

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

NSE:INFINIUM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.22 Max: No Debt
Current: 1.4

During the past 5 years, Infinium Pharmachem's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 0.22.

NSE:INFINIUM's Cash-to-Debt is ranked better than
63.01% of 1549 companies
in the Chemicals industry
Industry Median: 0.7 vs NSE:INFINIUM: 1.40

Infinium Pharmachem Cash-to-Debt Historical Data

The historical data trend for Infinium Pharmachem'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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Infinium Pharmachem Cash-to-Debt Chart

Infinium Pharmachem Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.10

0.19

0.24

0.20

1.06

Infinium Pharmachem Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial			0.20	0.20	No Debt	1.06	No Debt

Competitive Comparison of Infinium Pharmachem's Cash-to-Debt

For the Chemicals subindustry, Infinium Pharmachem'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.

Infinium Pharmachem's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Infinium Pharmachem's Cash-to-Debt distribution charts can be found below:

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

Infinium Pharmachem 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.

Infinium Pharmachem'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)
	=	119.114	/	(34.382	+	78.063)
	=	1.06

Infinium Pharmachem's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Infinium Pharmachem had no debt ⁽¹⁾.

Infinium Pharmachem (NSE:INFINIUM) 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.

Infinium Pharmachem Cash-to-Debt Related Terms

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

Infinium Pharmachem Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Infinium Pharmachem Ltd (NSE:INFINIUM) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

V.U. Nagar GIDC Road, Near Sardar Patel Statue, Suite 205, Sigma Prime, 2nd Floor, District Anand, Vallabh Vidhyanagar, GJ, IND, 388120

Website

https://infiniumpharmachem.com

Infinium Pharmachem Ltd is engaged in the business of manufacturing and supplying Iodine, Iodine Derivatives and Active Pharmaceutical Ingredients (APIs). It provides fully integrated customized services from R & D to Commercial scale manufacturing and packaging for its products to the Pharmaceutical, Agrochemical, Nutraceutical, Speciality Chemicals and various other chemicals Industries.

Infinium Pharmachem Headlines

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Infinium Pharmachem (NSE:INFINIUM) Cash-to-Debt : No Debt (1) (As of Sep. 2024)