NICO Holdings (MSW:NICO) Cash-to-Debt : 0.00 (As of . 20)

View and export this data going back to 1990. Start your Free Trial

What is NICO 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. NICO Holdings's cash to debt ratio for the quarter that ended in . 20 was 0.00.

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, NICO Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in . 20.

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

MSW:NICO's Cash-to-Debt is not ranked ^*
in the Insurance industry.
Industry Median: 1.835
* Ranked among companies with meaningful Cash-to-Debt only.

NICO Holdings Cash-to-Debt Historical Data

The historical data trend for NICO 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.

* Premium members only.

NICO Holdings Cash-to-Debt Chart

NICO Holdings Annual Data

Trend

Cash-to-Debt

NICO Holdings Semi-Annual Data

Cash-to-Debt

Competitive Comparison of NICO Holdings's Cash-to-Debt

For the Insurance - Diversified subindustry, NICO 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.

NICO Holdings's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, NICO Holdings's Cash-to-Debt distribution charts can be found below:

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

NICO Holdings Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

NICO Holdings's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

NICO Holdings's Cash to Debt Ratio for the quarter that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

NICO Holdings (MSW:NICO) 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.

NICO Holdings Cash-to-Debt Related Terms

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

NICO Holdings (MSW:NICO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NICO Holdings PLC (MSW:NICO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chibisa House-19 Glyn Jones Road, PO Box 501, Blantyre, MWI

Website

https://www.nicomw.com

NICO Holdings PLC is a Malawi based financial service company that operates in diversified business. The company operates in segments including Life Insurance and Pension, General Insurance, Banking, Investment Holding, Asset Management and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, and road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accident throughout Malawi, Zambia, Tanzania, and Uganda. While life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. Majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments are only operated in Malawi.

NICO Holdings (MSW:NICO) Headlines

No Headlines