Napster Group (LSE:NAPS) Cash-to-Debt : 0.57 (As of Jun. 2021)

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What is Napster Group 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. Napster Group's cash to debt ratio for the quarter that ended in Jun. 2021 was 0.57.

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, Napster Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2021.

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

LSE:NAPS's Cash-to-Debt is not ranked ^*
in the Media - Diversified industry.
Industry Median: 1.235
* Ranked among companies with meaningful Cash-to-Debt only.

Napster Group Cash-to-Debt Historical Data

The historical data trend for Napster Group'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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Napster Group Cash-to-Debt Chart

Napster Group Annual Data

Trend

Sep17

Sep18

Dec20

Cash-to-Debt

0.59

0.82

0.44

Napster Group Quarterly Data
	Sep17	Sep18	Jun20	Dec20	Jun21
Cash-to-Debt	0.59	0.82	1.17	0.44	0.57

Competitive Comparison of Napster Group's Cash-to-Debt

For the Entertainment subindustry, Napster Group'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.

Napster Group's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Napster Group's Cash-to-Debt distribution charts can be found below:

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

Napster Group 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.

Napster Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 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)
	=	2.623	/	(4.961	+	0.971)
	=	0.44

Napster Group's Cash to Debt Ratio for the quarter that ended in Jun. 2021 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)
	=	9.7	/	(15.935	+	1.128)
	=	0.57

Napster Group (LSE:NAPS) 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.

Napster Group Cash-to-Debt Related Terms

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Napster Group (LSE:NAPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Napster Group PLC (LSE:NAPS) » Definitions » Cash-to-Debt

Comparable Companies

XFCI BOM:531420 BOM:532378 BOM:530457

Traded in Other Exchanges

N/A

Address

55 Poland Street, London, GBR, W1F 7NL

Website

https://www.napster.group

Napster Group PLC is a music company. It offers global music platform combining music streaming and immersive content that allows users to experience music performances in Virtual Reality. It derives revenue through Content sales, Telco partnerships, Content licensing, and Ticket revenue.

Napster Group (LSE:NAPS) Headlines

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