Nexion Technologies (HKSE:08420) Cash-to-Debt : 541.56 (As of Jun. 2024)

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What is Nexion Technologies 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. Nexion Technologies's cash to debt ratio for the quarter that ended in Jun. 2024 was 541.56.

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, Nexion Technologies could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

HKSE:08420' s Cash-to-Debt Range Over the Past 10 Years
Min: 39.22 Med: No Debt Max: No Debt
Current: 541.56

During the past 10 years, Nexion Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 39.22. And the median was No Debt.

HKSE:08420's Cash-to-Debt is ranked better than
89.22% of 2812 companies
in the Software industry
Industry Median: 2.345 vs HKSE:08420: 541.56

Nexion Technologies Cash-to-Debt Historical Data

The historical data trend for Nexion Technologies'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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Nexion Technologies Cash-to-Debt Chart

Nexion Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

52.21

63.14

452.03

Nexion Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	209.86	N/A	452.03	541.56

Competitive Comparison of Nexion Technologies's Cash-to-Debt

For the Software - Infrastructure subindustry, Nexion Technologies'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.

Nexion Technologies's Cash-to-Debt Distribution in the Software Industry

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

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

Nexion Technologies 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.

Nexion Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	17.629	/	(0.031	+	0.008)
	=	452.03

Nexion Technologies's Cash to Debt Ratio for the quarter 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)
	=	13.539	/	(0.025	+	0)
	=	541.56

Nexion Technologies (HKSE:08420) 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.

Nexion Technologies Cash-to-Debt Related Terms

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

Nexion Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nexion Technologies Ltd (HKSE:08420) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Howard Road, Unit No. 10-03, Novelty BizCentre, Singapore, SGP, 369585

Website

http://www.nexion.com.hk

Nexion Technologies Ltd is an investment holding company. It is engaged in the provision of cyber infrastructure solutions services, provision of cyber security solutions services, and software-as-a-service. The group has three segments: Cyber infrastructure solutions, including maintenance and support service income; Cyber security solutions; and SaaS. The group has a business presence in Hong Kong, Singapore, Malaysia, the PRC and other countries, of which key revenue is generated from Vietnam.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Alpha Sense Investments Limited	2101 Beneficial owner
Foo Moo Teng	2101 Beneficial owner
Xox (hong Kong) Limited	2101 Beneficial owner
Xox Bhd.	2201 Interest of corporation controlled by you
Lazarus Securities Pty Ltd	2106 Person having a security interest in shares

Nexion Technologies Headlines

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