NightDragon Acquisition (NightDragon Acquisition) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2022)

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What is NightDragon Acquisition 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. NightDragon Acquisition's cash to debt ratio for the quarter that ended in Sep. 2022 was No Debt ⁽¹⁾.

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, NightDragon Acquisition could pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

(1) 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.

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

NDACU' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 2 years, NightDragon Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

NDACU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.71 vs NDACU: No Debt

NightDragon Acquisition Cash-to-Debt Historical Data

The historical data trend for NightDragon Acquisition'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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NightDragon Acquisition Cash-to-Debt Chart

NightDragon Acquisition Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

No Debt

NightDragon Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of NightDragon Acquisition's Cash-to-Debt

For the Shell Companies subindustry, NightDragon Acquisition'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.

NightDragon Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, NightDragon Acquisition's Cash-to-Debt distribution charts can be found below:

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

NightDragon Acquisition 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.

NightDragon Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

NightDragon Acquisition had no debt ⁽¹⁾.

NightDragon Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2022 is calculated as:

NightDragon Acquisition had no debt ⁽¹⁾.

NightDragon Acquisition (NAS:NDACU) 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.

NightDragon Acquisition Cash-to-Debt Related Terms

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NightDragon Acquisition (NightDragon Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » NightDragon Acquisition Corp (NAS:NDACU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Second Street, Suite 1275, San Francisco, CA, USA, 94105

Website

https://www.ndac.com

NightDragon Acquisition Corp is a blank check company.

Executives

Barbara Massa	director	101 SECOND AVENUE, SUITE 1275, SAN FRANCISCO CA 94105
Mark Garrett	director	106 EAST BABCOCK STREET SUITE 3A, BOZEMAN MT 59715
David G Dewalt	director, 10 percent owner
Morgan Kyauk	officer: See Remarks	101 2ND STREET, SUITE 1275, SAN FRANCISCO CA 94105
Ken Gonzalez	director	101 2ND STREET, SUITE 1275, SAN FRANCISCO CA 94105
Steve Simonian	officer: See Remarks	101 2ND STREET, SUITE 1275, SAN FRANCISCO CA 94105
Nightdragon Acquisition Sponsor, Llc	10 percent owner	101 2ND ST., STE. 1275, SAN FRANCISCO CA 94105