News Network PCL (BKK:NEWS) Cash-to-Debt : 6.94 (As of Dec. 2023)

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What is News Network 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. News Network PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.94.

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, News Network PCL could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

BKK:NEWS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 5.78 Max: 93.23
Current: 6.94

During the past 13 years, News Network PCL's highest Cash to Debt Ratio was 93.23. The lowest was 0.09. And the median was 5.78.

BKK:NEWS's Cash-to-Debt is ranked better than
63.02% of 2799 companies
in the Software industry
Industry Median: 2.43 vs BKK:NEWS: 6.94

News Network PCL Cash-to-Debt Historical Data

The historical data trend for News Network 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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News Network PCL Cash-to-Debt Chart

News Network PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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93.23

4.62

0.86

19.68

6.94

News Network PCL 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															19.68	23.64	12.66	8.44	6.94

Competitive Comparison of News Network PCL's Cash-to-Debt

For the Software - Application subindustry, News Network 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.

News Network PCL's Cash-to-Debt Distribution in the Software Industry

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

* The bar in red indicates where News Network PCL's Cash-to-Debt falls into.

News Network 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.

News Network PCL'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)
	=	215.956	/	(7.372	+	23.729)
	=	6.94

News Network PCL's Cash to Debt Ratio for the quarter 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)
	=	215.956	/	(7.372	+	23.729)
	=	6.94

News Network PCL (BKK:NEWS) 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.

News Network PCL Cash-to-Debt Related Terms

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

News Network PCL (BKK:NEWS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » News Network Corp PCL (BKK:NEWS) » Definitions » Cash-to-Debt

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NEWS-F:Thailand

Address

Rama 4 Road, 944 Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330

Website

https://www.newsnetwork.co.th

News Network Corp PCL engages in the business activities of the securities business and the main business of the Company is the distribution, installation and development of software information systems, providing consultation and development of information technology system integrators, including computer network systems, acquisition of hardware and software development. The company operates in two segments information technology and Securities. The majority of revenue is derived from the information technology segment.

News Network PCL (BKK:NEWS) Headlines

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