Basilic Fly Studio (NSE:BASILIC) Cash-to-Debt : 2.38 (As of Mar. 2023)

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What is Basilic Fly Studio 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. Basilic Fly Studio's cash to debt ratio for the quarter that ended in Mar. 2023 was 2.38.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Basilic Fly Studio could pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

NSE:BASILIC' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.09 Med: 2.38 Max: 3.15
Current: 2.38

During the past 3 years, Basilic Fly Studio's highest Cash to Debt Ratio was 3.15. The lowest was 1.09. And the median was 2.38.

NSE:BASILIC's Cash-to-Debt is ranked better than
59.36% of 1036 companies
in the Media - Diversified industry
Industry Median: 1.28 vs NSE:BASILIC: 2.38

Basilic Fly Studio Cash-to-Debt Historical Data

The historical data trend for Basilic Fly Studio'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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Basilic Fly Studio Cash-to-Debt Chart

Basilic Fly Studio Annual Data

Trend

Mar21

Mar22

Mar23

Cash-to-Debt

3.15

1.09

2.38

Basilic Fly Studio Semi-Annual Data
	Mar21	Mar22	Mar23
Cash-to-Debt	3.15	1.09	2.38

Competitive Comparison of Basilic Fly Studio's Cash-to-Debt

For the Entertainment subindustry, Basilic Fly Studio'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.

Basilic Fly Studio's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Basilic Fly Studio's Cash-to-Debt distribution charts can be found below:

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

Basilic Fly Studio 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.

Basilic Fly Studio'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)
	=	101.755	/	(17.45	+	25.258)
	=	2.38

Basilic Fly Studio's Cash to Debt Ratio for the quarter 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)
	=	101.755	/	(17.45	+	25.258)
	=	2.38

Basilic Fly Studio (NSE:BASILIC) 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.

Basilic Fly Studio Cash-to-Debt Related Terms

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Basilic Fly Studio (NSE:BASILIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Basilic Fly Studio Ltd (NSE:BASILIC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mount Poonamallee Road, Tower A, KRC Commerzone, Porur, Chennai, TN, IND, 600116

Website

https://www.basilicflystudio.com

Basilic Fly Studio Ltd is a visual effects (VFX) studio. It provides VFX solutions for movies, TV, net series, and commercials.

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