Nexus Infrastructure (LSE:NEXS) Cash-to-Debt : 0.83 (As of Mar. 2024)

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What is Nexus Infrastructure 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. Nexus Infrastructure's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.83.

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, Nexus Infrastructure couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

LSE:NEXS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37 Med: 2.04 Max: 15.13
Current: 0.83

During the past 10 years, Nexus Infrastructure's highest Cash to Debt Ratio was 15.13. The lowest was 0.37. And the median was 2.04.

LSE:NEXS's Cash-to-Debt is ranked better than
56.34% of 1633 companies
in the Construction industry
Industry Median: 0.61 vs LSE:NEXS: 0.83

Nexus Infrastructure Cash-to-Debt Historical Data

The historical data trend for Nexus Infrastructure'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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Nexus Infrastructure Cash-to-Debt Chart

Nexus Infrastructure Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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2.93

2.49

2.10

0.37

1.26

Nexus Infrastructure Semi-Annual Data
	Sep14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial														1.81	0.37	1.32	1.26	0.83

Competitive Comparison of Nexus Infrastructure's Cash-to-Debt

For the Engineering & Construction subindustry, Nexus Infrastructure'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.

Nexus Infrastructure's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nexus Infrastructure's Cash-to-Debt distribution charts can be found below:

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

Nexus Infrastructure 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.

Nexus Infrastructure's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	14.626	/	(1.826	+	9.818)
	=	1.26

Nexus Infrastructure'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)
	=	9.232	/	(1.79	+	9.39)
	=	0.83

Nexus Infrastructure (LSE:NEXS) 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.

Nexus Infrastructure Cash-to-Debt Related Terms

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Nexus Infrastructure (LSE:NEXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nexus Infrastructure PLC (LSE:NEXS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nexus Park, Avenue East, Skyline 120, Great Notley, Braintree, Essex, GBR, CM77 7AL

Website

https://www.nexus-infrastructure.com

Nexus Infrastructure PLC engages in the provision of infrastructure services in the house-building and commercial sectors in the United Kingdom. The Group business includes Tamdown, a Civil Engineering business, that provides a range of civil engineering and infrastructure services to the UK housebuilding sector. These services include earthworks, building highways, substructures, and basements, and installing sustainable drainage systems. It operates in the South East of England and London.