Nizhnekamskneftekhim PJSC (MIC:NKNC) Cash-to-Debt : 0.01 (As of Jun. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Nizhnekamskneftekhim PJSC 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. Nizhnekamskneftekhim PJSC's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.01.

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, Nizhnekamskneftekhim PJSC couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

MIC:NKNC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.92 Max: 43.14
Current: 0.01

During the past 13 years, Nizhnekamskneftekhim PJSC's highest Cash to Debt Ratio was 43.14. The lowest was 0.01. And the median was 0.92.

MIC:NKNC's Cash-to-Debt is ranked worse than
98.71% of 1550 companies
in the Chemicals industry
Industry Median: 0.72 vs MIC:NKNC: 0.01

Nizhnekamskneftekhim PJSC Cash-to-Debt Historical Data

The historical data trend for Nizhnekamskneftekhim PJSC'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.

Nizhnekamskneftekhim PJSC Cash-to-Debt Chart

Nizhnekamskneftekhim PJSC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

Get a 7-Day Free Trial

6.61

43.14

0.92

0.69

0.35

Nizhnekamskneftekhim PJSC Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.69	0.56	0.35	0.28	0.01

Competitive Comparison of Nizhnekamskneftekhim PJSC's Cash-to-Debt

For the Specialty Chemicals subindustry, Nizhnekamskneftekhim PJSC'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.

Nizhnekamskneftekhim PJSC's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nizhnekamskneftekhim PJSC's Cash-to-Debt distribution charts can be found below:

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

Nizhnekamskneftekhim PJSC 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.

Nizhnekamskneftekhim PJSC's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	34122	/	(278	+	97181)
	=	0.35

Nizhnekamskneftekhim PJSC's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	900	/	(8675	+	108531)
	=	0.01

Nizhnekamskneftekhim PJSC (MIC:NKNC) 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.

Nizhnekamskneftekhim PJSC Cash-to-Debt Related Terms

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

Nizhnekamskneftekhim PJSC (MIC:NKNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nizhnekamskneftekhim PJSC (MIC:NKNC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NKNCP:Russia

Address

23 Sobolekovskaya Street, Office 129, Nizhnekamsky Municipal District, Nizhnekamsk, RUS, 423574

Website

https://www.sibur.ru/nknh/en

Nizhnekamskneftekhim PJSC and its subsidiaries are engaged in the production and sale of petrochemicals. The company's operating business segments are Production and Sale of Petrochemicals, Petrochemical trading and All other segments. The Production and sales of petrochemicals segment derives its revenue primarily from the manufacturing and sale of petrochemical products. The Petrochemicals trading segment is engaged in trading of petrochemical products. The company derives maximum revenue from Production and Sale of Petrochemicals segment.

Nizhnekamskneftekhim PJSC (MIC:NKNC) Headlines

No Headlines