Nesco (BOM:505355) Cash-to-Debt : N/A (As of Dec. 2023)

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What is Nesco 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. Nesco's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

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

BOM:505355' s Cash-to-Debt Range Over the Past 10 Years
Min: 314.56 Med: No Debt Max: No Debt
Current: 1447.93

During the past 13 years, Nesco's highest Cash to Debt Ratio was No Debt. The lowest was 314.56. And the median was No Debt.

BOM:505355's Cash-to-Debt is ranked better than
94.32% of 511 companies
in the Conglomerates industry
Industry Median: 0.48 vs BOM:505355: 1447.93

Nesco Cash-to-Debt Historical Data

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

Nesco Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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No Debt

890.85

919.34

Nesco 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	Get a 7-Day Free Trial															N/A	919.34	N/A	1,447.93	N/A

Competitive Comparison of Nesco's Cash-to-Debt

For the Conglomerates subindustry, Nesco'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.

Nesco's Cash-to-Debt Distribution in the Conglomerates Industry

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

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

Nesco 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.

Nesco'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)
	=	4094.756	/	(1.638	+	2.816)
	=	919.34

Nesco'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.

Nesco (BOM:505355) 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.

Nesco Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Nesco's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Nesco (BOM:505355) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nesco Ltd (BOM:505355) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NESCO:India

Address

Western Express Highway, Nesco Center, Goregaon (East), Mumbai, MH, IND, 400 063

Website

https://www.nesco.in

Nesco Ltd has a diversified portfolio of business. The company's operating segment includes IT Park; Bombay Exhibition Centre; Industrial Capital Goods Division; Nesco Foods and others. It generates maximum revenue from the IT Park segment. IT Park segment includes licencing premises in IT park buildings and providing related services. Bombay Exhibition Center segment includes licencing premises for exhibitions and providing services to the organisers. The Industrial Capital Goods Division segment is involved in the manufacturing of machines and capital equipment. Nesco Foods segment includes hospitality and catering services.

Nesco (BOM:505355) Headlines

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