GURUFOCUS.COM » STOCK LIST » Technology » Software » Nerds On Site Inc (XCNQ:NERD) » Definitions » Cash-to-Debt

Nerds On Site (XCNQ:NERD) Cash-to-Debt : 0.51 (As of Feb. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Nerds On Site 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. Nerds On Site's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.51.

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, Nerds On Site couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

XCNQ:NERD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04   Med: 0.59   Max: 6.21
Current: 0.51

During the past 8 years, Nerds On Site's highest Cash to Debt Ratio was 6.21. The lowest was 0.04. And the median was 0.59.

XCNQ:NERD's Cash-to-Debt is ranked worse than
75% of 2800 companies
in the Software industry
Industry Median: 2.45 vs XCNQ:NERD: 0.51

Nerds On Site Cash-to-Debt Historical Data

The historical data trend for Nerds On Site'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.

Nerds On Site Cash-to-Debt Chart

Nerds On Site Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23
Cash-to-Debt
Get a 7-Day Free Trial 4.60 0.59 0.97 0.56 0.56

Nerds On Site Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.56 0.28 0.54 0.51

Competitive Comparison of Nerds On Site's Cash-to-Debt

For the Information Technology Services subindustry, Nerds On Site'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.


Nerds On Site's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Nerds On Site's Cash-to-Debt distribution charts can be found below:

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



Nerds On Site 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.

Nerds On Site's Cash to Debt Ratio for the fiscal year that ended in May. 2023 is calculated as:

Nerds On Site's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

* 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.


Nerds On Site  (XCNQ:NERD) 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.


Nerds On Site Cash-to-Debt Related Terms

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


Nerds On Site (XCNQ:NERD) Business Description

Traded in Other Exchanges
Address
4026 Meadowbrook Drive, Unit 120-121, London, ON, CAN, N6L 1C7
Nerds On Site Inc provides mobile information technology (IT) support for small to medium-sized enterprises. Its services include computer set-up, network installation, tailored software services, and IT support. The company offers business solutions and residential services. The corporation oversees and retains a network of technically proficient and specially trained independent IT consultants (Consultants) to help clients by providing on-site, effective, consistent, and customized IT solutions. Its revenue is principally derived from service fees charged for consulting services performed by the consultants and the sale of off-the-shelf software, hardware, and related support.

Nerds On Site (XCNQ:NERD) Headlines

From GuruFocus

NERD ETF Awarded "Best New Ticker Of 2019"

By PRNewswire PRNewswire 04-13-2020

Roundhill Launches Sports Betting ETF (NYSE: BETZ)

By PRNewswire PRNewswire 06-04-2020

NERD ETF - Options Now Available For Trading

By PRNewswire PRNewswire 08-29-2019

Roundhill Esports ETF Hits 52-Week High

By PRNewswire PRNewswire 01-03-2020