NSL Foods PCL (BKK:NSL) Cash-to-Debt : 2.24 (As of Dec. 2023)

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What is NSL Foods 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. NSL Foods PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.24.

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, NSL Foods 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 NSL Foods PCL's Cash-to-Debt or its related term are showing as below:

BKK:NSL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 1.41 Max: 2.24
Current: 2.24

During the past 5 years, NSL Foods PCL's highest Cash to Debt Ratio was 2.24. The lowest was 0.02. And the median was 1.41.

BKK:NSL's Cash-to-Debt is ranked better than
72.46% of 1852 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs BKK:NSL: 2.24

NSL Foods PCL Cash-to-Debt Historical Data

The historical data trend for NSL Foods 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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NSL Foods PCL Cash-to-Debt Chart

NSL Foods PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.03

0.02

1.41

1.69

2.24

NSL Foods PCL Quarterly Data
	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												1.69	2.03	2.01	1.66	2.24

Competitive Comparison of NSL Foods PCL's Cash-to-Debt

For the Packaged Foods subindustry, NSL Foods 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.

NSL Foods PCL's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NSL Foods PCL's Cash-to-Debt distribution charts can be found below:

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

NSL Foods 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.

NSL Foods 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)
	=	348.04	/	(141.229	+	14.412)
	=	2.24

NSL Foods 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)
	=	348.04	/	(141.229	+	14.412)
	=	2.24

NSL Foods PCL (BKK:NSL) 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.

NSL Foods PCL Cash-to-Debt Related Terms

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

NSL Foods PCL (BKK:NSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NSL Foods PCL (BKK:NSL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

55/22 Moo 3, Bangbuathong-Nonthaburi bridge (345) Road, Tambol Lam Pho, Ampher Bang Bua Thong, Nonthaburi, THA, 11110

Website

https://www.nslfoods.com

NSL Foods PCL is a bakery manufacturer supplying chilled products to the large convenient stores in Thailand. The company's products include hot sandwiches, chilled bakeries, and ready-to-eat products. Its brands include PANGTAI, Butterfin, and Chilee. The company has two segments which are manufacturing and distributing all kinds of bakery segments and Wholesalers of frozen and processed fish, aquatic products, meat, seaweeds, and vegetables. It operates in one geographical area which is Thailand.

NSL Foods PCL (BKK:NSL) Headlines

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