GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NewGenIvf Group Ltd (NAS:NIVF) » Definitions » Cash-to-Debt

NIVF (NewGenIvf Group) Cash-to-Debt : 0.16 (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is NewGenIvf 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. NewGenIvf Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.16.

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, NewGenIvf Group 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 NewGenIvf Group's Cash-to-Debt or its related term are showing as below:

NIVF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03   Med: 0.06   Max: 0.16
Current: 0.16

During the past 3 years, NewGenIvf Group's highest Cash to Debt Ratio was 0.16. The lowest was 0.03. And the median was 0.06.

NIVF's Cash-to-Debt is ranked worse than
75.68% of 666 companies
in the Healthcare Providers & Services industry
Industry Median: 0.765 vs NIVF: 0.16

NewGenIvf Group Cash-to-Debt Historical Data

The historical data trend for NewGenIvf 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.

* Premium members only.

NewGenIvf Group Cash-to-Debt Chart

NewGenIvf Group Annual Data
Trend Dec21 Dec22 Dec23
Cash-to-Debt
0.03 0.06 0.16

NewGenIvf Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt 0.03 N/A 0.06 0.22 0.16

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

For the Medical Care Facilities subindustry, NewGenIvf 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.

NewGenIvf Group's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, NewGenIvf Group's Cash-to-Debt distribution charts can be found below:

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


NewGenIvf 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.

NewGenIvf Group'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)
=0.054 / (0.214 + 0.119)
=0.16

NewGenIvf Group'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)
=0.054 / (0.214 + 0.119)
=0.16

* 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.

NewGenIvf Group  (NAS:NIVF) 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.

NewGenIvf Group Cash-to-Debt Related Terms

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

NewGenIvf Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NewGenIvf Group Ltd (NAS:NIVF) » Definitions » Cash-to-Debt
Comparable Companies
Traded in Other Exchanges
N/A
Address
Sukhumvit 21 Road, Asoke, 36/39-36/40, 13th Floor, PS Tower, Khlong Toei Nuea Sub-district, Watthana District, Bangkok, THA, 10110
Website
https://www.newgenivf.com
NewGenIvf Group Ltd is a company engaged in providing assisted reproductive services in Asia Pacific with a focus on providing fertility treatments to fulfil the dreams of building families, NewGenIvf mainly offers two services, namely first which is a in-vitro fertilization (IVF) treatment service, comprising traditional IVF and egg donation; and surrogacy and ancillary caring services.