Netbay Public Company (BKK:NETBAY) Cash-to-Debt : 16.63 (As of Mar. 2024)

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What is Netbay Public Company 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. Netbay Public Company's cash to debt ratio for the quarter that ended in Mar. 2024 was 16.63.

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, Netbay Public Company 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 Netbay Public Company's Cash-to-Debt or its related term are showing as below:

BKK:NETBAY' s Cash-to-Debt Range Over the Past 10 Years
Min: 14.23 Med: 708.7 Max: No Debt
Current: 16.63

During the past 9 years, Netbay Public Company's highest Cash to Debt Ratio was No Debt. The lowest was 14.23. And the median was 708.70.

BKK:NETBAY's Cash-to-Debt is ranked better than
72.73% of 2725 companies
in the Software industry
Industry Median: 2.49 vs BKK:NETBAY: 16.63

Netbay Public Company Cash-to-Debt Historical Data

The historical data trend for Netbay Public Company'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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Netbay Public Company Cash-to-Debt Chart

Netbay Public Company Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

85.64

708.70

53.98

14.23

Netbay Public Company 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															68.98	56.64	56.54	14.23	16.63

Competitive Comparison of Netbay Public Company's Cash-to-Debt

For the Software - Application subindustry, Netbay Public Company'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.

Netbay Public Company's Cash-to-Debt Distribution in the Software Industry

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

* The bar in red indicates where Netbay Public Company's Cash-to-Debt falls into.

Netbay Public Company 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.

Netbay Public Company's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	373.41	/	(7.662	+	18.58)
	=	14.23

Netbay Public Company'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)
	=	400.578	/	(7.121	+	16.972)
	=	16.63

Netbay Public Company (BKK:NETBAY) 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.

Netbay Public Company Cash-to-Debt Related Terms

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

Netbay Public Company (BKK:NETBAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Netbay Public Company Ltd (BKK:NETBAY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 719/5, 8-9, Rama 6 Road, Wang Mai Sub-district, Pathumwan District, Bangkok, THA, 10330

Website

http://www.netbay.co.th

Netbay Public Company Ltd is a Thailand-based company engaged in the provision and development of computer software used in the transmission of information electronically. The company creates, designs, and develops a digital business technology platform and omnichannel connectivity gateway. It operates in two segments The e-Business segment, which develops an e-Business product in the form of services (SaaS: Software As A Service), and the e-Service segment, which renders an e-Business service for the Business segment to Government (B2G) transaction, and Business segment to Business segment (B2B) transaction. The company operates only in Thailand and generates the majority of its revenue from the e-Business segment.

Netbay Public Company (BKK:NETBAY) Headlines

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