Network International Holdings (LSE:NETW) Cash-to-Debt : 0.35 (As of Dec. 2023)

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What is Network International Holdings 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. Network International Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.35.

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, Network International Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LSE:NETW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.3 Max: 0.9
Current: 0.35

During the past 8 years, Network International Holdings's highest Cash to Debt Ratio was 0.90. The lowest was 0.12. And the median was 0.30.

LSE:NETW's Cash-to-Debt is ranked worse than
79.9% of 2801 companies
in the Software industry
Industry Median: 2.47 vs LSE:NETW: 0.35

Network International Holdings Cash-to-Debt Historical Data

The historical data trend for Network International Holdings'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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Network International Holdings Cash-to-Debt Chart

Network International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.12

0.90

0.53

0.46

0.35

Network International Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									0.53	0.51	0.46	0.37	0.35

Competitive Comparison of Network International Holdings's Cash-to-Debt

For the Software - Infrastructure subindustry, Network International Holdings'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.

Network International Holdings's Cash-to-Debt Distribution in the Software Industry

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

* The bar in red indicates where Network International Holdings's Cash-to-Debt falls into.

Network International Holdings 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.

Network International Holdings'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)
	=	125.248	/	(198.236	+	158.835)
	=	0.35

Network International Holdings's Cash to Debt Ratio for the quarter 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)
	=	125.248	/	(198.236	+	158.835)
	=	0.35

Network International Holdings (LSE:NETW) 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.

Network International Holdings Cash-to-Debt Related Terms

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Network International Holdings (LSE:NETW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Network International Holdings PLC (LSE:NETW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NWITY:USA NETWl:UK

Address

Level 1, Network Building, Al Barsha 2, Dubai, ARE, SW1Y 4LB

Website

https://www.network.ae

Network International Holdings PLC is involved in digital commerce business across the Middle East and Africa region. The company provides a full suite of technology-enabled payment solutions to merchants and financial institutions of all types and sizes, including acquiring and processing services and a comprehensive ever-evolving range of value-added services. Its activities include enabling payment acceptance at merchants, acquirer processing, switching financial transactions, hosting cards, and processing payment transactions, and providing end-to-end management services, and digital payment services.