Timescan Logistics (India) (NSE:TIMESCAN) Cash-to-Debt : 0.34 (As of Sep. 2024)

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What is Timescan Logistics (India) 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. Timescan Logistics (India)'s cash to debt ratio for the quarter that ended in Sep. 2024 was 0.34.

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, Timescan Logistics (India) 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 Timescan Logistics (India)'s Cash-to-Debt or its related term are showing as below:

NSE:TIMESCAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.64 Max: 1.77
Current: 0.34

During the past 6 years, Timescan Logistics (India)'s highest Cash to Debt Ratio was 1.77. The lowest was 0.07. And the median was 0.64.

NSE:TIMESCAN's Cash-to-Debt is ranked worse than
59.71% of 978 companies
in the Transportation industry
Industry Median: 0.47 vs NSE:TIMESCAN: 0.34

Timescan Logistics (India) Cash-to-Debt Historical Data

The historical data trend for Timescan Logistics (India)'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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Timescan Logistics (India) Cash-to-Debt Chart

Timescan Logistics (India) Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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1.77

0.64

0.07

1.02

1.29

Timescan Logistics (India) Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial					0.25	1.02	0.73	1.29	0.34

Competitive Comparison of Timescan Logistics (India)'s Cash-to-Debt

For the Integrated Freight & Logistics subindustry, Timescan Logistics (India)'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.

Timescan Logistics (India)'s Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Timescan Logistics (India)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Timescan Logistics (India)'s Cash-to-Debt falls into.

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Timescan Logistics (India) 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.

Timescan Logistics (India)'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)
	=	26.618	/	(20.7	+	0)
	=	1.29

Timescan Logistics (India)'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)
	=	22.508	/	(66.054	+	0)
	=	0.34

Timescan Logistics (India) (NSE:TIMESCAN) 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.

Timescan Logistics (India) Cash-to-Debt Related Terms

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Timescan Logistics (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Timescan Logistics (India) Ltd (NSE:TIMESCAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

18/3, Rukmani Lakshmipathy Road, (Marshalls Road), Rajah Annamalai Buildings, Annex 3rd Floor, Egmore, Chennai, TN, IND, 600 008

Website

http://www.timescan.in

Timescan Logistics (India) Ltd is a total logistics solutions provide that offers International Air, Sea, and Multimodal cargo transportation The business provides a complete range of transport and freight-related services like freight forwarding, customs clearance, warehousing, transportation, multimodal transportation, project cargo, vessel charter and packaging.

Timescan Logistics (India) Headlines

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