NMI Health (NMI Health) Cash-to-Debt : 0.00 (As of Dec. 2013)

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

What is NMI Health 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. NMI Health's cash to debt ratio for the quarter that ended in Dec. 2013 was 0.00.

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, NMI Health couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2013.

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

NANM's Cash-to-Debt is not ranked ^*
in the Medical Distribution industry.
Industry Median: 0.89
* Ranked among companies with meaningful Cash-to-Debt only.

NMI Health Cash-to-Debt Historical Data

The historical data trend for NMI Health'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.

NMI Health Cash-to-Debt Chart

NMI Health Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Cash-to-Debt

Get a 7-Day Free Trial

0.28

0.01

0.11

0.02

NMI Health Semi-Annual Data
	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13
Cash-to-Debt	Get a 7-Day Free Trial										0.28	0.01	0.11	0.02	-

Competitive Comparison of NMI Health's Cash-to-Debt

For the Medical Distribution subindustry, NMI Health'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.

NMI Health's Cash-to-Debt Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, NMI Health's Cash-to-Debt distribution charts can be found below:

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

NMI Health 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.

NMI Health's Cash to Debt Ratio for the fiscal year that ended in Dec. 2013 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)
	=	0.001	/	(0.71	+	0.03)
	=	0.00

NMI Health's Cash to Debt Ratio for the quarter that ended in Dec. 2013 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)
	=	0.001	/	(0.71	+	0.03)
	=	0.00

NMI Health (OTCPK:NANM) 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.

NMI Health Cash-to-Debt Related Terms

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

NMI Health (NMI Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » NMI Health Inc (OTCPK:NANM) » Definitions » Cash-to-Debt

Comparable Companies

FZMD SNYR SGMFF PMC EBOSF OMI UDHCF PBH PDCO SHPMY SHTDY HSIC ABC CAH MCK

Traded in Other Exchanges

N/A

Address

Website

http://www.nmihealth.com

NMI Health Inc, formerly Nano Mask, Inc. is a healthcare product development and distribution company providing emergency and critical care and infection control products to a variety of market segments within the health care industry.

Executives

Josiah T Austin	10 percent owner	4673 CHRISTOPHER PLACE, DALLAS TX 75204
El Coronado Holdings, Llc	10 percent owner	4673 CHRISTOPHER PLACE, DALLAS TX 75204
Douglas K Beplate	director, officer: President
William Dodge Rueckert	director	175 CASSIA WAY, SUITE 115, HENDERSON NV 89014
Sherman Lazrus	director
Steve Hanni	officer: Chief Financial Officer

NMI Health (NMI Health) Headlines

No Headlines