Khandwala Securities (NSE:KHANDSE) Cash-to-Debt : N/A (As of Dec. 2023)

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

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

NSE:KHANDSE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.54 Med: 1.3 Max: 8.29
Current: 1.03

During the past 13 years, Khandwala Securities's highest Cash to Debt Ratio was 8.29. The lowest was 0.54. And the median was 1.30.

NSE:KHANDSE's Cash-to-Debt is ranked worse than
62.82% of 788 companies
in the Capital Markets industry
Industry Median: 1.825 vs NSE:KHANDSE: 1.03

Khandwala Securities Cash-to-Debt Historical Data

The historical data trend for Khandwala Securities'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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Khandwala Securities Cash-to-Debt Chart

Khandwala Securities Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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2.35

1.28

0.93

1.40

2.47

Khandwala Securities 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	2.47	N/A	1.03	N/A

Competitive Comparison of Khandwala Securities's Cash-to-Debt

For the Capital Markets subindustry, Khandwala Securities'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.

Khandwala Securities's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Khandwala Securities's Cash-to-Debt distribution charts can be found below:

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

Khandwala Securities 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.

Khandwala Securities'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)
	=	65.197	/	(0.324	+	26.091)
	=	2.47

Khandwala Securities'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.

Khandwala Securities (NSE:KHANDSE) 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.

Khandwala Securities Cash-to-Debt Related Terms

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Khandwala Securities (NSE:KHANDSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Khandwala Securities Ltd (NSE:KHANDSE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

531892:India

Address

Green Street, Ground Floor, Vikas Building, Fort, Mumbai, MH, IND, 400 023

Website

https://www.kslindia.com

Khandwala Securities Ltd is engaged in the capital market business sector. The company offers services in the fields of institutional equity; investment banking; investment advisory; private wealth and portfolio management. The company is organized into two segments - Fee-based and Investment/Trading In Stock. The Company has considered these two divisions as its business segments. The Fee-based division provides financial advisory services relating to mergers and acquisitions, equity and debt issue management, portfolio management, and broking. The investment and Stock division carries out trading, investing, and speculation activities in capital markets (debt and equity) for the company.

Khandwala Securities (NSE:KHANDSE) Headlines

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