Infibeam Avenues (NSE:INFIBEAM) Cash-to-Debt : 12.60 (As of Mar. 2024)

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What is Infibeam Avenues 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. Infibeam Avenues's cash to debt ratio for the quarter that ended in Mar. 2024 was 12.60.

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, Infibeam Avenues could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

NSE:INFIBEAM' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.28 Med: 10.13 Max: No Debt
Current: 12.6

During the past 13 years, Infibeam Avenues's highest Cash to Debt Ratio was No Debt. The lowest was 2.28. And the median was 10.13.

NSE:INFIBEAM's Cash-to-Debt is ranked better than
70.24% of 2725 companies
in the Software industry
Industry Median: 2.49 vs NSE:INFIBEAM: 12.60

Infibeam Avenues Cash-to-Debt Historical Data

The historical data trend for Infibeam Avenues'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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Infibeam Avenues Cash-to-Debt Chart

Infibeam Avenues Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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3.82

7.76

35.22

No Debt

12.60

Infibeam Avenues Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	N/A	No Debt	N/A	12.60

Competitive Comparison of Infibeam Avenues's Cash-to-Debt

For the Software - Infrastructure subindustry, Infibeam Avenues'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.

Infibeam Avenues's Cash-to-Debt Distribution in the Software Industry

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

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

Infibeam Avenues 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.

Infibeam Avenues's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	10503.7	/	(43.6	+	790.3)
	=	12.60

Infibeam Avenues's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	10503.7	/	(43.6	+	790.3)
	=	12.60

Infibeam Avenues (NSE:INFIBEAM) 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.

Infibeam Avenues Cash-to-Debt Related Terms

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

Infibeam Avenues (NSE:INFIBEAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infibeam Avenues Ltd (NSE:INFIBEAM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

539807:India

Address

Road-5C, Zone-5, Gift City, 28th Floor, GIFT Two Building, Block No. 56, Taluka and District - Gandhinagar, Gandhinagar, GJ, IND, 382355

Website

https://www.ia.ooo

Infibeam Avenues Ltd is engaged in the business of software development services, maintenance, web development, payment gateway services, e-commerce, and other ancillary services. The company's geographical segment includes India, UAE, and other countries. It derives a majority of revenue from India. The company online selling solutions include BuildaBazaar and Infibeam.com.

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