NewStar Financial (NewStar Financial) Cash-to-Debt

: 0.02 (As of Sep. 2017)

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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. NewStar Financial's cash to debt ratio for the quarter that ended in Sep. 2017 was 0.02.

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, NewStar Financial couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2017.

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

NEWS's Cash-to-Debt is not ranked ^*
in the Credit Services industry.
Industry Median: 0.235
* Ranked among companies with meaningful Cash-to-Debt only.

NewStar Financial Cash-to-Debt Historical Data

The historical data trend for NewStar Financial'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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NewStar Financial Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash-to-Debt

0.02

0.01

0.05

NewStar Financial Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Cash-to-Debt																0.01	0.05	0.01	0.02	0.02

Competitive Comparison

For the Credit Services subindustry, NewStar Financial'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.

NewStar Financial Cash-to-Debt Distribution

For the Credit Services industry and Financial Services sector, NewStar Financial's Cash-to-Debt distribution charts can be found below:

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

NewStar Financial Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

NewStar Financial's Cash to Debt Ratio for the fiscal year that ended in Dec. 2016 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	154.48	/	(0	+	3255.866)
	=	0.05

NewStar Financial's Cash to Debt Ratio for the quarter that ended in Sep. 2017 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	62.538	/	(0	+	3181.883)
	=	0.02

NewStar Financial (NAS:NEWS) 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.

NewStar Financial Cash-to-Debt Related Terms

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NewStar Financial (NewStar Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » NewStar Financial Inc (NAS:NEWS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.newstarfin.com

NewStar Financial Inc is a finance company which develops specialized platforms for complex financing needs of companies and private investors for the middle market. The company and its subsidiary provides asset management services to institutional customers and also manages private credit funds, sponsored funds, series of funds structured as CLOs and managed accounts. Through specialized lending platforms the company provides senior secured debt financing options to mid-sized companies to fund working capital growth strategies, acquisitions, recapitalizations, purchases of equipment and other capital assets. The company derives its revenues from leveraged finance, business credit, real estate, equipment finance and asset management segments.

Executives

Richard E Thornburgh	director	401 N. MAIN STREET, WINSTON-SALEM NC 27101
Frank R Noonan	director
Bradley E Cooper	director	UNIVERSAL AMERICAN FINANCIAL CORP, 6 INTERNATIONAL DR STE 190, RYE BROOK NY 10573
Capital Z Financial Services Fund Ii Lp	10 percent owner
Capital Z Partners Ltd	10 percent owner
Capital Z Partners Lp	10 percent owner
Corsair Capital Llc	10 percent owner	717 FIFTH AVENUE, 24TH FLOOR, NEW YORK NY 10022
Second Curve Capital Llc	10 percent owner	150 N RADNOR CHESTER ROAD, SUITE F120, RADNOR PA 19087
Thomas K Brown	10 percent owner	C/O SECOND CURVE CAPITAL, LLC, 237 PARK AVENUE, 9TH FLOOR, NEW YORK NY 10017
Mark K Gormley	director	1067 FIFTH AVENUE, #6, NEW YORK NY 10128
Burnaman Phillip R Ii	officer: M.Dir & Head Structured Prods
Joseph W Saunders	director	C/O VISA INC., P.O. BOX 8999, SAN FRANCISCO CA 94128-8999

NewStar Financial (NewStar Financial) Headlines

From GuruFocus

NEWSTAR FINANCIAL, INC. Reports Operating Results (10-K)

By gurufocus 10qk • 03-04-2011