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Navakij Insurance PCLBKK:NKI-R 59 Cash-to-Debt is 5.18 as of Mar. 2026, which is 28% below its 10-year median of 7.24. GuruFocus rates BKK:NKI-R with a GF Score™ of 59/100 and a GF Value™ of ฿16.79. The stock has 1 warning sign investors should review. Among 500 Insurance companies, Navakij Insurance PCL ranks better than 61.4% on this metric.
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. Navakij Insurance PCL's cash to debt ratio for the quarter that ended in Mar. 2026 was 5.18.
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, Navakij Insurance PCLcould pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Navakij Insurance PCL's Cash-to-Debt or its related term are showing as below:
BKK:NKI-R'
s Cash-to-Debt Range Over the Past 10 Years
Min: 1.73 Med: 7.24 Max: No Debt
Current: 5.18
During the past 13 years, Navakij Insurance PCL's highest Cash to Debt Ratio was No Debt. The lowest was 1.73. And the median was 7.24.
BKK:NKI-R's Cash-to-Debt is ranked better than 61.4% of 500
companies
in the Insurance industry
Industry Median: 2.035
vs BKK:NKI-R: 5.18
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.
Navakij Insurance PCL Cash-to-Debt Related Terms
Navakij Insurance PCL Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Navakij Insurance PCL'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.
BKK:NKI-R vs CB, PGR, TRV: Cash-to-Debt Comparison
For the Insurance - Property & Casualty subindustry, Navakij Insurance PCL'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.
Navakij Insurance PCL Cash-to-Debt vs Insurance Industry
For the Insurance industry and Financial Services sector, Navakij Insurance PCL's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Navakij Insurance PCL's Cash-to-Debt falls into.
* 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.
Navakij Insurance PCL (BKK:NKI-R) has a Cash-to-Debt of 5.18 as of Mar. 2026. This is 28% below median its historical median of 7.24. Over the past decade, Navakij Insurance PCL's Cash-to-Debt has ranged from 1.73 to 10,000.00. According to the industry distribution chart, Navakij Insurance PCL ranks #193 out of 500 companies in the Insurance industry, placing it in the top 38.6%.
Is Navakij Insurance PCL's Cash-to-Debt too high?
Navakij Insurance PCL's current Cash-to-Debt of 5.18 is 28% below median its 10-year median of 7.24. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 10,000.00. The Insurance industry median Cash-to-Debt is 2.04. Navakij Insurance PCL's value of 5.18 is 154.5% above this industry median. Based on the distribution chart, Navakij Insurance PCL ranks #193 out of 500 companies in the Insurance industry, which is above the industry midpoint. Overall, Navakij Insurance PCL has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Navakij Insurance PCL's Cash-to-Debt compare to CB and PGR?
According to the Insurance industry distribution chart, Navakij Insurance PCL ranks #193 out of 500 companies for Cash-to-Debt. This puts Navakij Insurance PCL in the upper half of its industry. The industry median Cash-to-Debt is 2.04. Navakij Insurance PCL's value of 5.18 is 154.5% above this benchmark. Historically, Navakij Insurance PCL's own Cash-to-Debt has ranged from 1.73 to 10,000.00 over the past decade. While the company's 10-year median is 7.24 vs. the industry median of 2.04, Navakij Insurance PCL has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Insurance company?
The median Cash-to-Debt among Insurance companies is 2.04, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Navakij Insurance PCL's current Cash-to-Debt of 5.18 is 154.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Insurance industry, the median Cash-to-Debt is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navakij Insurance PCL's current Cash-to-Debt is 5.18, which is 28% below median its own 10-year median of 7.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navakij Insurance PCL stock overvalued right now?
Navakij Insurance PCL (BKK:NKI-R) has a current Cash-to-Debt of 5.18. The stock's GF Value™ is ฿16.79, compared to a current price of ฿13.00 — trading 22.6% below its estimated fair value. The current Cash-to-Debt is 5.18, which is 28% below median its 10-year median of 7.24 and 154.5% above the Insurance industry median of 2.04. Navakij Insurance PCL's overall GF Score™ is 59/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Navakij Insurance PCL (BKK:NKI-R), the current Cash-to-Debt is 5.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Navakij Insurance PCL (BKK:NKI-R) Overvalued in 2026?
Based on GuruFocus' analysis, Navakij Insurance PCL stock appears to be undervalued.
The current stock price of ฿13.00 is trading 22.6% below its estimated GF Value™ of ฿16.79.
Key valuation signals for BKK:NKI-R:
Cash-to-Debt: 5.18 (28% below median its 10-year median of 7.24)
GF Value™: ฿16.79 vs. price of ฿13.00 (22.6% below fair value)
Industry Position: 154.5% above the Insurance median (#193 of 500)
No single metric tells the full story. See the BKK:NKI-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Navakij Insurance PCL is engaged in the provision of non-life insurance. The different kinds of insurance offered by the company include Motor Insurance, Fire Insurance, Marine and Transportation Insurance, and miscellaneous Insurance. The company operates its business in Thailand only.
59GF Score
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