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What is Happy Square Outsourcing Services Cash-to-Debt?
Happy Square Outsourcing ServicesNSE:WHITEFORCE -6.06%21 Cash-to-Debt is 0.92 as of Mar. 2026, which is 2200% above its 10-year median of 0.04. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 1,067 Business Services companies, Happy Square Outsourcing Services ranks worse than 53.8% on this metric.
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. Happy Square Outsourcing Services's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.92.
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, Happy Square Outsourcing Servicescouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Happy Square Outsourcing Services's Cash-to-Debt or its related term are showing as below:
NSE:WHITEFORCE'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.92
Current: 0.92
During the past 4 years, Happy Square Outsourcing Services's highest Cash to Debt Ratio was 0.92. The lowest was 0.02. And the median was 0.04.
NSE:WHITEFORCE's Cash-to-Debt is ranked worse than 53.8% of 1067
companies
in the Business Services industry
Industry Median: 1.14
vs NSE:WHITEFORCE: 0.92
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.
Happy Square Outsourcing Services Cash-to-Debt Related Terms
Happy Square Outsourcing Services Cash-to-Debt Historical Data
* 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.
NSE:WHITEFORCE vs RHI, KFY, TNET: Cash-to-Debt Comparison
For the Staffing & Employment Services subindustry, Happy Square Outsourcing Services'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.
Happy Square Outsourcing Services Cash-to-Debt vs Business Services Industry
For the Business Services industry and Industrials sector, Happy Square Outsourcing Services's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Happy Square Outsourcing Services's Cash-to-Debt falls into.
* 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.
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a Cash-to-Debt of 0.92 as of Mar. 2026. This is 2200% above median its historical median of 0.04. Over the past decade, Happy Square Outsourcing Services' Cash-to-Debt has ranged from 0.02 to 0.92. According to the industry distribution chart, Happy Square Outsourcing Services ranks #574 out of 1067 companies in the Business Services industry, placing it in the top 53.8%.
Is Happy Square Outsourcing Services' Cash-to-Debt too high?
Happy Square Outsourcing Services' current Cash-to-Debt of 0.92 is 2200% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.92. The Business Services industry median Cash-to-Debt is 1.14. Happy Square Outsourcing Services' value of 0.92 is 19.3% below this industry median. Based on the distribution chart, Happy Square Outsourcing Services ranks #574 out of 1067 companies in the Business Services industry, which is below the industry midpoint. Overall, Happy Square Outsourcing Services has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' Cash-to-Debt compare to RHI and KFY?
According to the Business Services industry distribution chart, Happy Square Outsourcing Services ranks #574 out of 1067 companies for Cash-to-Debt. This places Happy Square Outsourcing Services in the lower half of its industry. The industry median Cash-to-Debt is 1.14. Happy Square Outsourcing Services' value of 0.92 is 19.3% below this benchmark. Historically, Happy Square Outsourcing Services' own Cash-to-Debt has ranged from 0.02 to 0.92 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 1.14, Happy Square Outsourcing Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Business Services company?
The median Cash-to-Debt among Business Services companies is 1.14, based on 1,067 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Happy Square Outsourcing Services's current Cash-to-Debt of 0.92 is 19.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Business Services industry, the median Cash-to-Debt is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Square Outsourcing Services's current Cash-to-Debt is 0.92, which is 2200% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current Cash-to-Debt of 0.92. The current Cash-to-Debt is 0.92, which is 2200% above median its 10-year median of 0.04 and 19.3% below the Business Services industry median of 1.14. Happy Square Outsourcing Services' overall GF Score™ is 21/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Happy Square Outsourcing Services (NSE:WHITEFORCE), the current Cash-to-Debt is 0.92 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
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