NINtec Systems (BOM:539843) Cash-to-Debt : N/A (As of Jun. 2024)

View and export this data going back to 2016. Start your Free Trial

What is NINtec Systems 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. NINtec Systems's cash to debt ratio for the quarter that ended in Jun. 2024 was N/A.

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

BOM:539843' s Cash-to-Debt Range Over the Past 10 Years
Min: 11.37 Med: No Debt Max: No Debt
Current: 11.37

During the past 9 years, NINtec Systems's highest Cash to Debt Ratio was No Debt. The lowest was 11.37. And the median was No Debt.

BOM:539843's Cash-to-Debt is ranked better than
69.64% of 2810 companies
in the Software industry
Industry Median: 2.345 vs BOM:539843: 11.37

NINtec Systems Cash-to-Debt Historical Data

The historical data trend for NINtec Systems'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.

NINtec Systems Cash-to-Debt Chart

NINtec Systems Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

11.37

NINtec Systems Quarterly Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	No Debt	N/A	11.37	N/A

Competitive Comparison of NINtec Systems's Cash-to-Debt

For the Information Technology Services subindustry, NINtec Systems'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.

NINtec Systems's Cash-to-Debt Distribution in the Software Industry

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

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

NINtec Systems 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.

NINtec Systems's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	267.759	/	(0	+	23.553)
	=	11.37

NINtec Systems's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

NINtec Systems (BOM:539843) 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.

NINtec Systems Cash-to-Debt Related Terms

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

NINtec Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NINtec Systems Ltd (BOM:539843) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NINSYS:India

Address

S.G. Highway, B-11, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.nintecsystems.com

NINtec Systems Ltd is an offshore software development services and solutions company. The firm is involved in computer programming, consultancy, and related activities. The company provides services like Application Development and Maintenance, Strategic Offshore Software Product Development, Legacy System Development and Software Migration, and Search Engine Optimization. The firm specializes in areas of Dot Net Development, Game Development, PHP Development, ERP Wireless, Mobile and WAP Development. The group has also integrated cloud services into its existing business platform. The company serves industries such as Automotive, Print media and Publishing, Banking, Financial Services, and Insurance, and Transportation and Logistics sector.

NINtec Systems Headlines

No Headlines