NAT Absolute Technologies PCL (BKK:NAT) Cash-to-Debt : 15.16 (As of Sep. 2023)

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What is NAT Absolute Technologies PCL 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. NAT Absolute Technologies PCL's cash to debt ratio for the quarter that ended in Sep. 2023 was 15.16.

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, NAT Absolute Technologies PCL could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for NAT Absolute Technologies PCL's Cash-to-Debt or its related term are showing as below:

BKK:NAT' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.14 Med: 14.46 Max: 15.16
Current: 15.16

During the past 2 years, NAT Absolute Technologies PCL's highest Cash to Debt Ratio was 15.16. The lowest was 10.14. And the median was 14.46.

BKK:NAT's Cash-to-Debt is ranked better than
71.74% of 2799 companies
in the Software industry
Industry Median: 2.43 vs BKK:NAT: 15.16

NAT Absolute Technologies PCL Cash-to-Debt Historical Data

The historical data trend for NAT Absolute Technologies PCL'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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NAT Absolute Technologies PCL Cash-to-Debt Chart

NAT Absolute Technologies PCL Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

10.14

14.46

NAT Absolute Technologies PCL Quarterly Data
	Dec21	Sep22	Dec22	Sep23
Cash-to-Debt	10.14	N/A	14.46	15.16

Competitive Comparison of NAT Absolute Technologies PCL's Cash-to-Debt

For the Information Technology Services subindustry, NAT Absolute Technologies PCL'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.

NAT Absolute Technologies PCL's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, NAT Absolute Technologies PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where NAT Absolute Technologies PCL's Cash-to-Debt falls into.

NAT Absolute Technologies PCL 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.

NAT Absolute Technologies PCL's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	200.645	/	(2.66	+	11.218)
	=	14.46

NAT Absolute Technologies PCL'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)
	=	214.839	/	(3.402	+	10.773)
	=	15.16

NAT Absolute Technologies PCL (BKK:NAT) 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.

NAT Absolute Technologies PCL Cash-to-Debt Related Terms

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NAT Absolute Technologies PCL (BKK:NAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NAT Absolute Technologies PCL (BKK:NAT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

NAT Absolute Technologies PCL is engaged in information and communication technology services in Thailand. It provides consulting services, design, procure and distribute equipment ready for installation, including providing contract system installation services related to information and communication technology systems (Information and Communication Technology System Integration).