Quess (NSE:QUESS) Cash-to-Debt : 0.90 (As of Sep. 2024)

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What is Quess 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. Quess's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.90.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Quess couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

NSE:QUESS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 0.67 Max: 1.75
Current: 0.9

During the past 12 years, Quess's highest Cash to Debt Ratio was 1.75. The lowest was 0.28. And the median was 0.67.

NSE:QUESS's Cash-to-Debt is ranked worse than
52.7% of 1055 companies
in the Business Services industry
Industry Median: 1.02 vs NSE:QUESS: 0.90

Quess Cash-to-Debt Historical Data

The historical data trend for Quess'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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Quess Cash-to-Debt Chart

Quess Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.51

0.69

0.56

0.63

0.69

Quess Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.66	N/A	0.69	N/A	0.90

Competitive Comparison of Quess's Cash-to-Debt

For the Staffing & Employment Services subindustry, Quess'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.

Quess's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Quess's Cash-to-Debt distribution charts can be found below:

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

Quess 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.

Quess'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)
	=	5806.64	/	(5104.96	+	3276.18)
	=	0.69

Quess's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	6227.46	/	(3868.37	+	3035.82)
	=	0.90

Quess (NSE:QUESS) 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.

Quess Cash-to-Debt Related Terms

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Quess Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Quess Corp Ltd (NSE:QUESS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

539978:India

Address

3/3/2 Bellandur Gate, Sarjapur Main Road, Quess House, Bengaluru, KA, IND, 560103

Website

https://www.quesscorp.com

Quess Corp Ltd is a business service provider based in India. The company's operating segment includes Workforce Management; Operating Asset Management. Global technology solutions and Product led business. Its Workforce Management segment provides staffing services and solutions including general staffing, recruitment, and executive search, recruitment process outsourcing, as well as payroll, compliance, and background verification services, training and skill development, and logistic services; Operating Asset Managements; and Global technology solutions. It generates maximum revenue from the Workforce Management segment. Geographically, it derives a majority of its revenue from India.

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