Spectrum Talent Management (NSE:SPECTSTM) Cash-to-Debt : 2.47 (As of Sep. 2024)

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What is Spectrum Talent Management 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. Spectrum Talent Management's cash to debt ratio for the quarter that ended in Sep. 2024 was 2.47.

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, Spectrum Talent Management could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

NSE:SPECTSTM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.34 Med: 2.61 Max: 82.98
Current: 2.47

During the past 5 years, Spectrum Talent Management's highest Cash to Debt Ratio was 82.98. The lowest was 0.34. And the median was 2.61.

NSE:SPECTSTM's Cash-to-Debt is ranked better than
61.71% of 1055 companies
in the Business Services industry
Industry Median: 1.02 vs NSE:SPECTSTM: 2.47

Spectrum Talent Management Cash-to-Debt Historical Data

The historical data trend for Spectrum Talent Management'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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Spectrum Talent Management Cash-to-Debt Chart

Spectrum Talent Management Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

2.61

17.71

0.34

1.08

82.98

Spectrum Talent Management Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial			N/A	1.08	54.45	82.98	2.47

Competitive Comparison of Spectrum Talent Management's Cash-to-Debt

For the Staffing & Employment Services subindustry, Spectrum Talent Management'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.

Spectrum Talent Management's Cash-to-Debt Distribution in the Business Services Industry

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

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

Spectrum Talent Management 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.

Spectrum Talent Management'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)
	=	718.64	/	(4.22	+	4.44)
	=	82.98

Spectrum Talent Management'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)
	=	344.62	/	(137	+	2.66)
	=	2.47

Spectrum Talent Management (NSE:SPECTSTM) 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.

Spectrum Talent Management Cash-to-Debt Related Terms

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Spectrum Talent Management Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Spectrum Talent Management Ltd (NSE:SPECTSTM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sector - 63, Block C, Plot no. C-142, Noida, UP, IND, 201301

Website

https://www.stmpl.co.in

Spectrum Talent Management Ltd is a renowned human resource and staffing service provider. The company offers a wide array of services such as staffing, recruitment, apprenticeship, Payroll, Onboarding and flexible staffing. It satisfies the firm's staffing, and recruitment needs globally through this specialized rich knowledge. The company's business segment includes Manpower supply, Recruitment and related services, and Electronic goods. The company generates the majority of its revenue from the Manpower supply, Recruitment, and related services segment.

Spectrum Talent Management Headlines

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