Next 15 Group (LSE:NFG) Cash-to-Debt : 0.55 (As of Jan. 2024)

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What is Next 15 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. Next 15 Group's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.55.

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, Next 15 Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for Next 15 Group's Cash-to-Debt or its related term are showing as below:

LSE:NFG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 0.57 Max: 1.05
Current: 0.55

During the past 13 years, Next 15 Group's highest Cash to Debt Ratio was 1.05. The lowest was 0.31. And the median was 0.57.

LSE:NFG's Cash-to-Debt is ranked worse than
63.08% of 1032 companies
in the Media - Diversified industry
Industry Median: 1.25 vs LSE:NFG: 0.55

Next 15 Group Cash-to-Debt Historical Data

The historical data trend for Next 15 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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Next 15 Group Cash-to-Debt Chart

Next 15 Group Annual Data

Trend

Jul13

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

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0.31

0.48

1.05

0.75

0.55

Next 15 Group Semi-Annual Data
	Jul13	Jan14	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															1.05	0.30	0.75	0.25	0.55

Competitive Comparison of Next 15 Group's Cash-to-Debt

For the Advertising Agencies subindustry, Next 15 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.

Next 15 Group's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Next 15 Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Next 15 Group's Cash-to-Debt falls into.

Next 15 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.

Next 15 Group's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	42.871	/	(10.115	+	67.54)
	=	0.55

Next 15 Group's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	42.871	/	(10.115	+	67.54)
	=	0.55

Next 15 Group (LSE:NFG) 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.

Next 15 Group Cash-to-Debt Related Terms

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Next 15 Group (LSE:NFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Next 15 Group PLC (LSE:NFG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NXFNF:USA

Address

60 Great Portland Street, London, GBR, W1W 7RT

Website

https://www.next15.com

Next 15 Group PLC is a digital marketing company in the United Kingdom. The company segments include Customer Engage; Customer Delivery; Customer Insight and Business Transformation. It generates maximum revenue from the Customer Engage segment.