AccelerateBS India (BOM:543938) Cash-to-Debt : 0.29 (As of Sep. 2023)

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What is AccelerateBS 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. AccelerateBS India's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.29.

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, AccelerateBS India couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

BOM:543938' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 3.66 Max: No Debt
Current: 0.29

During the past 3 years, AccelerateBS India's highest Cash to Debt Ratio was No Debt. The lowest was 0.29. And the median was 3.66.

BOM:543938's Cash-to-Debt is ranked worse than
81.86% of 2723 companies
in the Software industry
Industry Median: 2.49 vs BOM:543938: 0.29

AccelerateBS India Cash-to-Debt Historical Data

The historical data trend for AccelerateBS 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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AccelerateBS India Cash-to-Debt Chart

AccelerateBS India Annual Data

Trend

Mar20

Mar21

Mar22

Cash-to-Debt

No Debt

4.84

2.48

AccelerateBS India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23
Cash-to-Debt	No Debt	4.84	2.48	0.29

Competitive Comparison of AccelerateBS India's Cash-to-Debt

For the Software - Infrastructure subindustry, AccelerateBS 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.

AccelerateBS India's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, AccelerateBS India's Cash-to-Debt distribution charts can be found below:

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

AccelerateBS 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.

AccelerateBS India's Cash to Debt Ratio for the fiscal year that ended in Mar. 2022 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)
	=	11.24	/	(1.926	+	2.607)
	=	2.48

AccelerateBS India's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	2.054	/	(0	+	7.093)
	=	0.29

AccelerateBS India (BOM:543938) 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.

AccelerateBS India Cash-to-Debt Related Terms

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AccelerateBS India (BOM:543938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AccelerateBS India Ltd (BOM:543938) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off S.V. Road, Office 604, Quantum Tower, Ram Baug, Malad West, Mumbai, MH, IND, 400 064

Website

https://www.acceleratebs.com

AccelerateBS India Ltd is a Digital Technology Services company offering a multitude of boutique technology services to both B2B and B2C companies around the world. Its services include Digital Technology Services, DXP (Digital Experience Platforms) Consulting and Implementation Services, Digital projects, custom software development and consulting services, and delivering powerful and scalable software systems.

AccelerateBS India (BOM:543938) Headlines

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