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NH Special Purpose Acquisition 19 Co (XKRX:380440) Cash-to-Debt : 7.32 (As of Sep. 2023)


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What is NH Special Purpose Acquisition 19 Co 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. NH Special Purpose Acquisition 19 Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 7.32.

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, NH Special Purpose Acquisition 19 Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for NH Special Purpose Acquisition 19 Co's Cash-to-Debt or its related term are showing as below:

XKRX:380440' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.32   Med: 7.46   Max: 7.59
Current: 7.32

During the past 2 years, NH Special Purpose Acquisition 19 Co's highest Cash to Debt Ratio was 7.59. The lowest was 7.32. And the median was 7.46.

XKRX:380440's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 4.95 vs XKRX:380440: 7.32

NH Special Purpose Acquisition 19 Co Cash-to-Debt Historical Data

The historical data trend for NH Special Purpose Acquisition 19 Co'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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NH Special Purpose Acquisition 19 Co Cash-to-Debt Chart

NH Special Purpose Acquisition 19 Co Annual Data
Trend Dec21 Dec22
Cash-to-Debt
7.51 7.42

NH Special Purpose Acquisition 19 Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 7.44 7.42 7.38 7.36 7.32

Competitive Comparison of NH Special Purpose Acquisition 19 Co's Cash-to-Debt

For the Shell Companies subindustry, NH Special Purpose Acquisition 19 Co'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.


NH Special Purpose Acquisition 19 Co's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, NH Special Purpose Acquisition 19 Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where NH Special Purpose Acquisition 19 Co's Cash-to-Debt falls into.



NH Special Purpose Acquisition 19 Co 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.

NH Special Purpose Acquisition 19 Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

NH Special Purpose Acquisition 19 Co's Cash to Debt Ratio for the quarter that ended in Sep. 2023 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.


NH Special Purpose Acquisition 19 Co  (XKRX:380440) 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.


NH Special Purpose Acquisition 19 Co Cash-to-Debt Related Terms

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NH Special Purpose Acquisition 19 Co (XKRX:380440) Business Description

Traded in Other Exchanges
N/A
Address
60, Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07325
Website
NH Special Purpose Acquisition 19 Co is a special purpose acquisition company.

NH Special Purpose Acquisition 19 Co (XKRX:380440) Headlines

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