New Tech Capital (LTS:0QH3) Cash-to-Debt : 0.05 (As of Sep. 2023)

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What is New Tech Capital 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. New Tech Capital's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.05.

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, New Tech Capital couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

LTS:0QH3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 1.34 Max: No Debt
Current: 0.05

During the past 13 years, New Tech Capital's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 1.34.

LTS:0QH3's Cash-to-Debt is ranked worse than
92.77% of 775 companies
in the Capital Markets industry
Industry Median: 1.96 vs LTS:0QH3: 0.05

New Tech Capital Cash-to-Debt Historical Data

The historical data trend for New Tech Capital'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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New Tech Capital Cash-to-Debt Chart

New Tech Capital Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec21

Dec22

Cash-to-Debt

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2.94

0.73

0.09

0.16

0.08

New Tech Capital Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.02	No Debt	0.08	0.21	0.05

Competitive Comparison of New Tech Capital's Cash-to-Debt

For the Capital Markets subindustry, New Tech Capital'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.

New Tech Capital's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, New Tech Capital's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where New Tech Capital's Cash-to-Debt falls into.

New Tech Capital 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.

New Tech Capital's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	0.058	/	(0.758	+	0)
	=	0.08

New Tech Capital's Cash to Debt Ratio for the quarter 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)
	=	0.042	/	(0.848	+	0)
	=	0.05

New Tech Capital (LTS:0QH3) 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.

New Tech Capital Cash-to-Debt Related Terms

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New Tech Capital (LTS:0QH3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » New Tech Capital SA (LTS:0QH3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NTC:Poland

Address

Al. Jana Chrystian Szucha 13/15, Room 16, Warszawa, POL, 00-580

Website

https://www.ntcsa.com.pl

New Tech Capital SA provides financial consulting services. The company offers consulting services in the areas of strategy, finance, foreign exchange risk management, assistance in obtaining capital from the European Union, internal audit, etc. Its portfolio of investments consisted of shares, receivables, and real estates.

New Tech Capital (LTS:0QH3) Headlines

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