Nuix (ASX:NXL) Cash-to-Debt : 4.93 (As of Dec. 2024)

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What is Nuix 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. Nuix's cash to debt ratio for the quarter that ended in Dec. 2024 was 4.93.

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, Nuix could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

ASX:NXL' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.27 Med: 3.43 Max: 6.24
Current: 4.93

During the past 5 years, Nuix's highest Cash to Debt Ratio was 6.24. The lowest was 2.27. And the median was 3.43.

ASX:NXL's Cash-to-Debt is ranked better than
59.04% of 2766 companies
in the Software industry
Industry Median: 2.57 vs ASX:NXL: 4.93

Nuix Cash-to-Debt Historical Data

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

Nuix Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

4.41

6.24

3.43

2.66

3.89

Nuix Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial				3.01	2.66	2.27	3.89	4.93

Competitive Comparison of Nuix's Cash-to-Debt

For the Software - Application subindustry, Nuix'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.

Nuix's Cash-to-Debt Distribution in the Software Industry

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

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

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Nuix 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.

Nuix's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 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)
	=	38.032	/	(3.189	+	6.583)
	=	3.89

Nuix's Cash to Debt Ratio for the quarter that ended in Dec. 2024 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)
	=	30.663	/	(2.778	+	3.441)
	=	4.93

Nuix (ASX:NXL) 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.

Nuix Cash-to-Debt Related Terms

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Nuix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nuix Ltd (ASX:NXL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NXLLF:USA

Address

1 Market Street, Level 27, Sydney, NSW, AUS, 2000

Website

https://www.nuix.com

Nuix Ltd is engaged in providing software-related services. It is engaged in the development and distribution of software. The company offers services to advisory firms, litigation support vendors, corporations, government, and law enforcement agencies. Its products include Nuix Discover, Nuix Investigate, and Nuix Workstation. The group's revenue mainly consists of license fees from customers' right to use the software. Its customers are located in Asia Pacific, the Americas, Europe, the Middle East, and Africa.