NDatalyze (XCNQ:NDAT) Cash-to-Debt : No Debt ⁽¹⁾ (As of Nov. 2023)

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What is NDatalyze 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. NDatalyze's cash to debt ratio for the quarter that ended in Nov. 2023 was No Debt ⁽¹⁾.

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, NDatalyze could pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

(1) 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.

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

XCNQ:NDAT' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 5 years, NDatalyze's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

XCNQ:NDAT's Cash-to-Debt is ranked better than
99.54% of 659 companies
in the Healthcare Providers & Services industry
Industry Median: 0.66 vs XCNQ:NDAT: No Debt

NDatalyze Cash-to-Debt Historical Data

The historical data trend for NDatalyze'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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NDatalyze Cash-to-Debt Chart

NDatalyze Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

No Debt

NDatalyze Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of NDatalyze's Cash-to-Debt

For the Health Information Services subindustry, NDatalyze'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.

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

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

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

NDatalyze 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.

NDatalyze's Cash to Debt Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

NDatalyze had no debt ⁽¹⁾.

NDatalyze's Cash to Debt Ratio for the quarter that ended in Nov. 2023 is calculated as:

NDatalyze had no debt ⁽¹⁾.

NDatalyze (XCNQ:NDAT) 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.

NDatalyze Cash-to-Debt Related Terms

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NDatalyze (XCNQ:NDAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » NDatalyze Corp (XCNQ:NDAT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NDATF:USA

Address

707 - 7th Avenue SW, Suite 1150, Calgary, AB, CAN, T2P 3H6

Website

https://www.ndatalyze.com

NDatalyze Corp develops technologically-based, specialized products, databases, and applications. The YMI division is developing a data-driven consumer mHealth application designed to predict current and future health conditions to lessen the cost of health services and decrease the load on health care services. The MLdelic division is providing a database platform that may be used to predict potential benefits associated with the use of entheogenic compounds within the mental health sector. The Medxtractor division manufactures small-scale bio-extractors that are used to extract essential oils from botanical materials.

NDatalyze (XCNQ:NDAT) Headlines

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NDatalyze (XCNQ:NDAT) Cash-to-Debt : No Debt (1) (As of Nov. 2023)