Novorossiysk Commercial Sea Port PJSC (MIC:NMTP) Cash-to-Debt : 1.04 (As of Jun. 2023)

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What is Novorossiysk Commercial Sea Port 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. Novorossiysk Commercial Sea Port PJSC's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.04.

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, Novorossiysk Commercial Sea Port PJSC could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

MIC:NMTP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.22 Max: 1.04
Current: 1.04

During the past 13 years, Novorossiysk Commercial Sea Port PJSC's highest Cash to Debt Ratio was 1.04. The lowest was 0.07. And the median was 0.22.

MIC:NMTP's Cash-to-Debt is ranked better than
66.74% of 947 companies
in the Transportation industry
Industry Median: 0.48 vs MIC:NMTP: 1.04

Novorossiysk Commercial Sea Port PJSC Cash-to-Debt Historical Data

The historical data trend for Novorossiysk Commercial Sea Port 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.

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Novorossiysk Commercial Sea Port PJSC Cash-to-Debt Chart

Novorossiysk Commercial Sea Port PJSC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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0.17

0.10

0.17

0.37

0.27

Novorossiysk Commercial Sea Port PJSC Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.27	0.31	0.32	0.37	1.04

Competitive Comparison of Novorossiysk Commercial Sea Port PJSC's Cash-to-Debt

For the Marine Shipping subindustry, Novorossiysk Commercial Sea Port 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.

Novorossiysk Commercial Sea Port PJSC's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Novorossiysk Commercial Sea Port PJSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Novorossiysk Commercial Sea Port PJSC's Cash-to-Debt falls into.

Novorossiysk Commercial Sea Port 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.

Novorossiysk Commercial Sea Port 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)
	=	18353.72	/	(18265.029	+	48718.823)
	=	0.27

Novorossiysk Commercial Sea Port 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)
	=	28104	/	(964	+	26038)
	=	1.04

Novorossiysk Commercial Sea Port PJSC (MIC:NMTP) 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.

Novorossiysk Commercial Sea Port PJSC Cash-to-Debt Related Terms

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

Novorossiysk Commercial Sea Port PJSC (MIC:NMTP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Novorossiysk Commercial Sea Port PJSC (MIC:NMTP) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Portovaya Street 14, Krasnodar region, Novorossiysk, RUS, 353901

Website

http://www.nmtp.info

Novorossiysk Commercial Sea Port PJSC is a transportation and logistics company domiciled in Russia. The company organises itself into three segments: stevedoring and additional port services, Fleet services, and Other. Stevedoring and additional services, which contributes the majority of revenue, receives and transports cargo by pipeline, train, and truck; assembles shiploads; and transfers cargo to ships. Fleet services includes towing services, firefighting services, waste collection, and ship-fuelling services.

Novorossiysk Commercial Sea Port PJSC (MIC:NMTP) Headlines

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