Entertainment Network (India) (BOM:532700) Cash-to-Debt

: N/A (As of Dec. 2023)

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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. Entertainment Network (India)'s cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

The historical rank and industry rank for Entertainment Network (India)'s Cash-to-Debt or its related term are showing as below:

BOM:532700' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.83 Med: 1.35 Max: No Debt
Current: 1.42

During the past 13 years, Entertainment Network (India)'s highest Cash to Debt Ratio was No Debt. The lowest was 0.83. And the median was 1.35.

BOM:532700's Cash-to-Debt is ranked better than
51.73% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.26 vs BOM:532700: 1.42

Entertainment Network (India) Cash-to-Debt Historical Data

The historical data trend for Entertainment Network (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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Entertainment Network (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

No Debt

1.06

1.14

0.97

1.42

Entertainment Network (India) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																N/A	1.42	N/A	1.42	N/A

Competitive Comparison

For the Broadcasting subindustry, Entertainment Network (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.

Entertainment Network (India) Cash-to-Debt Distribution

For the Media - Diversified industry and Communication Services sector, Entertainment Network (India)'s Cash-to-Debt distribution charts can be found below:

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

Entertainment Network (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.

Entertainment Network (India)'s Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	2785.563	/	(195.407	+	1769.819)
	=	1.42

Entertainment Network (India)'s Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Entertainment Network (India) (BOM:532700) 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.

Entertainment Network (India) Cash-to-Debt Related Terms

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Entertainment Network (India) (BOM:532700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Entertainment Network (India) Ltd (BOM:532700) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ENIL:India

Address

Senapati Bapat Marg, 14th Floor, Trade World, D wing, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.enil.co.in

Entertainment Network (India) Ltd is a radio broadcasting company. Its stations are Yo Punjabi Mirchi (Punjabi), Mirchi Tapaka (Telugu), Mirchi Top Takkar (Tamil), Wakao (cool Hindi retro), Mirchi Mehfil (Ghazals) and Mirchi Top 20. It has its FM radio stations under the brand name Radio Mirchi at various places in India. Mirchi streams around 16 online stations on the Gaana.com platform. The company provides radio advertising services and Media Solutions to clients. The firm classifies its Media Solutions as under Branded Solutions that provides various branded services which include Concerts, Award Shows, On-Air properties, Brand Licensing, Multimedia, and Digital services. Managed Solutions provides services to manage the intellectual properties, activities, or events of Clients.

Entertainment Network (India) (BOM:532700) Headlines

No Headlines