Aptus Value Housing Finance India (BOM:543335) Cash-to-Debt : 0.07 (As of Mar. 2024)

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What is Aptus Value Housing Finance 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. Aptus Value Housing Finance India's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.07.

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, Aptus Value Housing Finance India couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Aptus Value Housing Finance India's Cash-to-Debt or its related term are showing as below:

BOM:543335' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.14 Max: 0.3
Current: 0.07

During the past 6 years, Aptus Value Housing Finance India's highest Cash to Debt Ratio was 0.30. The lowest was 0.07. And the median was 0.14.

BOM:543335's Cash-to-Debt is ranked worse than
95.32% of 1432 companies
in the Banks industry
Industry Median: 1.3 vs BOM:543335: 0.07

Aptus Value Housing Finance India Cash-to-Debt Historical Data

The historical data trend for Aptus Value Housing Finance 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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Aptus Value Housing Finance India Cash-to-Debt Chart

Aptus Value Housing Finance India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.30

0.17

0.16

0.12

0.07

Aptus Value Housing Finance India Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial												0.12	N/A	0.08	N/A	0.07

Competitive Comparison of Aptus Value Housing Finance India's Cash-to-Debt

For the Mortgage Finance subindustry, Aptus Value Housing Finance 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.

Aptus Value Housing Finance India's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Aptus Value Housing Finance India's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Aptus Value Housing Finance India's Cash-to-Debt falls into.

Aptus Value Housing Finance India Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Aptus Value Housing Finance India's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3501.938	/	(0	+	51996.122)
	=	0.07

Aptus Value Housing Finance India's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3501.938	/	(0	+	51996.122)
	=	0.07

Aptus Value Housing Finance India (BOM:543335) 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.

Aptus Value Housing Finance India Cash-to-Debt Related Terms

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

Aptus Value Housing Finance India (BOM:543335) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Aptus Value Housing Finance India Ltd (BOM:543335) » Definitions » Cash-to-Debt

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APTUS:India

Address

No: 205, Poonamallee High Road, No. 8B, Doshi Towers, 8th Floor, Kilpauk, Chennai, TN, IND, 600 010

Website

https://www.aptusindia.com

Aptus Value Housing Finance India Ltd is a retail-focused housing finance company that primarily serves low and middle-income self-employed customers in the rural and semi-urban markets of India. The company offers home loans to retail customers to purchase homes, construct residential property, house improvement and extension, loans against property, and business loans. It undertakes all types of lending activities such as sourcing, underwriting, valuation, and legal assessment of collateral, credit assessment, and collection. The company's only segment is providing long-term housing finance, loans against property, and refinance loans. Geographically, it derives revenue from India.

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