NL Development PCL (BKK:NL) Cash-to-Debt : 35.58 (As of Dec. 2024)

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What is NL Development PCL 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. NL Development PCL's cash to debt ratio for the quarter that ended in Dec. 2024 was 35.58.

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, NL Development PCL 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 NL Development PCL's Cash-to-Debt or its related term are showing as below:

BKK:NL' s Cash-to-Debt Range Over the Past 10 Years
Min: 16.62 Med: 27.56 Max: 35.58
Current: 35.58

During the past 4 years, NL Development PCL's highest Cash to Debt Ratio was 35.58. The lowest was 16.62. And the median was 27.56.

BKK:NL's Cash-to-Debt is ranked better than
90.72% of 1724 companies
in the Construction industry
Industry Median: 0.63 vs BKK:NL: 35.58

NL Development PCL Cash-to-Debt Historical Data

The historical data trend for NL Development 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.

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NL Development PCL Cash-to-Debt Chart

NL Development PCL Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

34.16

16.62

20.96

35.58

NL Development PCL Quarterly Data
	Dec21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial						20.96	47.21	47.28	43.41	35.58

Competitive Comparison of NL Development PCL's Cash-to-Debt

For the Engineering & Construction subindustry, NL Development 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.

NL Development PCL's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, NL Development PCL's Cash-to-Debt distribution charts can be found below:

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

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NL Development PCL 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.

NL Development PCL's Cash to Debt Ratio for the fiscal year 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)
	=	550.205	/	(3.351	+	12.112)
	=	35.58

NL Development PCL'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)
	=	550.205	/	(3.351	+	12.112)
	=	35.58

NL Development PCL (BKK:NL) 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.

NL Development PCL Cash-to-Debt Related Terms

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NL Development PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NL Development PCL (BKK:NL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

417 Ratchawithi Road, Bang Phlat District, Bangkok, THA, 10700

Website

https://www.nldplc.com

NL Development PCL provides surveying, design and construction services for all types of buildings. Including the installation of various engineering systems. and public utility construction work.