Network Media Group (Network Media Group) Cash-to-Debt : 1.14 (As of Feb. 2024)

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What is Network Media 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. Network Media Group's cash to debt ratio for the quarter that ended in Feb. 2024 was 1.14.

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, Network Media Group could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

NETWF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.16 Max: 1.61
Current: 1.14

During the past 13 years, Network Media Group's highest Cash to Debt Ratio was 1.61. The lowest was 0.01. And the median was 0.16.

NETWF's Cash-to-Debt is ranked worse than
52.08% of 1033 companies
in the Media - Diversified industry
Industry Median: 1.27 vs NETWF: 1.14

Network Media Group Cash-to-Debt Historical Data

The historical data trend for Network Media 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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Network Media Group Cash-to-Debt Chart

Network Media Group Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

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0.22

0.38

1.14

0.16

0.65

Network Media Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.36	0.17	0.31	0.65	1.14

Competitive Comparison of Network Media Group's Cash-to-Debt

For the Entertainment subindustry, Network Media 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.

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

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

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

Network Media 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.

Network Media Group's Cash to Debt Ratio for the fiscal year that ended in Nov. 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)
	=	1.66	/	(2.278	+	0.274)
	=	0.65

Network Media Group's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	2.548	/	(1.813	+	0.421)
	=	1.14

Network Media Group (OTCPK:NETWF) 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 Media Group Cash-to-Debt Related Terms

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Network Media Group (Network Media Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Network Media Group Inc (OTCPK:NETWF) » Definitions » Cash-to-Debt

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NTE:Canada

Address

1525 West 8 Avenue, Suite 207, Vancouver, BC, CAN, V6C 1T5

Website

https://www.networkentertainment.ca

Network Media Group Inc is a television, film, and NFT production company. Through its subsidiaries, the company is engaged in the development and production of entertainment content. The company develops and produces film, and television and NFT properties in addition to providing production services to third parties. The principal business of the company is the development, financing, production, marketing and distribution of documentaries and docu-series. Network NFT Studios collaborates with IP owners, artists and top talent to create engagement campaigns using non-fungible tokens.

Network Media Group (Network Media Group) Headlines

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