NeXR Technologies SE (FRA:NXR) Cash-to-Debt : 0.21 (As of Dec. 2022)

View and export this data going back to 2015. Start your Free Trial

What is NeXR Technologies SE 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. NeXR Technologies SE's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.21.

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, NeXR Technologies SE couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

FRA:NXR's Cash-to-Debt is not ranked ^*
in the Hardware industry.
Industry Median: 1.34
* Ranked among companies with meaningful Cash-to-Debt only.

NeXR Technologies SE Cash-to-Debt Historical Data

The historical data trend for NeXR Technologies SE'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.

NeXR Technologies SE Cash-to-Debt Chart

NeXR Technologies SE Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.10

0.18

1.08

0.21

NeXR Technologies SE Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Cash-to-Debt	Get a 7-Day Free Trial															0.18	0.11	1.08	0.01	0.21

Competitive Comparison of NeXR Technologies SE's Cash-to-Debt

For the Computer Hardware subindustry, NeXR Technologies SE'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.

NeXR Technologies SE's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, NeXR Technologies SE's Cash-to-Debt distribution charts can be found below:

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

NeXR Technologies SE 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.

NeXR Technologies SE's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	0.727	/	(0	+	3.5)
	=	0.21

NeXR Technologies SE's Cash to Debt Ratio for the quarter that ended in Dec. 2022 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)
	=	0.727	/	(0	+	3.5)
	=	0.21

NeXR Technologies SE (FRA:NXR) 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.

NeXR Technologies SE Cash-to-Debt Related Terms

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

NeXR Technologies SE (FRA:NXR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NeXR Technologies SE (FRA:NXR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NXR:Germany

Address

Charlottenstrasse 4, Berlin, DEU, 10969

Website

https://www.nexr-technologies.com

NeXR Technologies SE is a technology company. The company is engaged in two business areas: 3D scanner systems and VR experience worlds. It develops and produces complex 3D photogrammetry scanner systems that can be used for both professional studio purposes and end-user applications. The company is also developing and producing digital VR worlds for prominent companies and stars from the sports, music, and entertainment industries as a provider of agency services.