Nu Holdings (Nu Holdings) Cash-to-Debt : 11.44 (As of Dec. 2023)

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What is Nu Holdings 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. Nu Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 11.44.

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

NU' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.37 Med: 7.28 Max: 15.34
Current: 11.44

During the past 6 years, Nu Holdings's highest Cash to Debt Ratio was 15.34. The lowest was 1.37. And the median was 7.28.

NU's Cash-to-Debt is ranked better than
87.43% of 1440 companies
in the Banks industry
Industry Median: 1.235 vs NU: 11.44

Nu Holdings Cash-to-Debt Historical Data

The historical data trend for Nu Holdings'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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Nu Holdings Cash-to-Debt Chart

Nu Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.37

3.19

15.34

11.37

11.44

Nu Holdings Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											11.37	10.36	10.94	8.10	11.44

Competitive Comparison of Nu Holdings's Cash-to-Debt

For the Banks - Regional subindustry, Nu Holdings'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.

Nu Holdings's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Nu Holdings's Cash-to-Debt distribution charts can be found below:

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

Nu Holdings Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Nu Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	13422.632	/	(113.595	+	1059.691)
	=	11.44

Nu Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	13422.632	/	(113.595	+	1059.691)
	=	11.44

Nu Holdings (NYSE:NU) 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.

Nu Holdings Cash-to-Debt Related Terms

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Nu Holdings (Nu Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Nu Holdings Ltd (NYSE:NU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NU:Mexico M1Z:Germany M1Z:Germany M1Z:Germany ROXO34:Brazil

Address

Willow House, Cricket Square, 4th Floor, Grand Cayman, CYM, KY1-9010

Website

https://www.nubank.com.br

Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.