Navana CNG (DHA:NAVANACNG) Cash-to-Debt : 0.02 (As of Dec. 2023)

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What is Navana CNG 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. Navana CNG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Navana CNG couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

DHA:NAVANACNG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.84
Current: 0.02

During the past 13 years, Navana CNG's highest Cash to Debt Ratio was 0.84. The lowest was 0.02. And the median was 0.03.

DHA:NAVANACNG's Cash-to-Debt is ranked worse than
90.1% of 495 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs DHA:NAVANACNG: 0.02

Navana CNG Cash-to-Debt Historical Data

The historical data trend for Navana CNG'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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Navana CNG Cash-to-Debt Chart

Navana CNG Annual Data

Trend

Mar13

Mar14

Mar15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.02

Navana CNG 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															0.03	0.03	0.02	0.02	0.02

Competitive Comparison of Navana CNG's Cash-to-Debt

For the Utilities - Regulated Gas subindustry, Navana CNG'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.

Navana CNG's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Navana CNG's Cash-to-Debt distribution charts can be found below:

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

Navana CNG 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.

Navana CNG's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	257.033	/	(2699.857	+	7887.974)
	=	0.02

Navana CNG'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)
	=	201.286	/	(2407.436	+	8557.355)
	=	0.02

Navana CNG (DHA:NAVANACNG) 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.

Navana CNG Cash-to-Debt Related Terms

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Navana CNG (DHA:NAVANACNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Navana CNG Ltd (DHA:NAVANACNG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

205-207, Tejgaon Industrial Area, Dhaka, BGD, 1208

Website

https://www.navanacng.com

Navana CNG Ltd is engaged in converting petrol and diesel-driven vehicles to compressed natural gas (CNG) driven vehicles, CNG refueling stations, and other related services. The company also focuses on re-testing facilities, package maintenance programs, and manufacturing polymer, plastic, polyethylene, and tubes. Its operating segment includes a Conversion Workshop and CNG & LPG Station. The company generates maximum revenue from the CNG Station segment.

Navana CNG (DHA:NAVANACNG) Headlines

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