NCC Group (LSE:NCC) Cash-to-Debt : 0.17 (As of Nov. 2023)

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What is NCC Group 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. NCC Group's cash to debt ratio for the quarter that ended in Nov. 2023 was 0.17.

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, NCC Group couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

LSE:NCC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.32 Max: 1.72
Current: 0.17

During the past 13 years, NCC Group's highest Cash to Debt Ratio was 1.72. The lowest was 0.17. And the median was 0.32.

LSE:NCC's Cash-to-Debt is ranked worse than
87.35% of 2799 companies
in the Software industry
Industry Median: 2.47 vs LSE:NCC: 0.17

NCC Group Cash-to-Debt Historical Data

The historical data trend for NCC Group'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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NCC Group Cash-to-Debt Chart

NCC Group Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Cash-to-Debt

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0.38

0.69

1.72

0.46

0.30

NCC Group Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															0.32	0.46	0.34	0.30	0.17

Competitive Comparison of NCC Group's Cash-to-Debt

For the Software - Application subindustry, NCC Group'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.

NCC Group's Cash-to-Debt Distribution in the Software Industry

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

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

NCC Group 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.

NCC Group's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	34.1	/	(7.8	+	105.9)
	=	0.30

NCC Group's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	17.5	/	(11.3	+	89.3)
	=	0.17

NCC Group (LSE:NCC) 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.

NCC Group Cash-to-Debt Related Terms

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NCC Group (LSE:NCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NCC Group PLC (LSE:NCC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NCCl:UK NZB:Germany

Address

2 Hardman Boulevard, XYZ Building, Spinningfields, Manchester, GBR, M3 3AQ

Website

https://www.nccgroup.com

NCC Group PLC is a U.K.-based provider of information assurance software solutions to the transportation, finance, retail, Internet of Things, and oil and gas end markets. The firm's operations are organized in below divisions: Assurance, which offers security and risks consulting services; group escrow, which offers software escrow services with a third-party agent; and domain services, which maintains and publishes trust security standards. Roughly half of the firm's revenue is generated in the United Kingdom, with the rest coming from Europe and the rest of the world.

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