Nextech3d AI (Nextech3d AI) Cash-to-Debt : 1.81 (As of Dec. 2023)

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What is Nextech3d AI 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. Nextech3d AI's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.81.

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, Nextech3d AI could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Nextech3d AI's Cash-to-Debt or its related term are showing as below:

NEXCF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.81 Med: 8.29 Max: No Debt
Current: 1.81

During the past 6 years, Nextech3d AI's highest Cash to Debt Ratio was No Debt. The lowest was 1.81. And the median was 8.29.

NEXCF's Cash-to-Debt is ranked better than
74.91% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs NEXCF: 1.81

Nextech3d AI Cash-to-Debt Historical Data

The historical data trend for Nextech3d AI'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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Nextech3d AI Cash-to-Debt Chart

Nextech3d AI Annual Data

Trend

May18

May19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

10.39

6.19

4.70

1.81

Nextech3d AI Quarterly Data
	Feb19	May19	Aug19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															4.70	4.68	5.53	4.45	1.81

Competitive Comparison of Nextech3d AI's Cash-to-Debt

For the Internet Retail subindustry, Nextech3d AI'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.

Nextech3d AI's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nextech3d AI's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Nextech3d AI's Cash-to-Debt falls into.

Nextech3d AI 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.

Nextech3d AI'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)
	=	0.826	/	(0.107	+	0.35)
	=	1.81

Nextech3d AI'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)
	=	0.826	/	(0.107	+	0.35)
	=	1.81

Nextech3d AI (OTCPK:NEXCF) 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.

Nextech3d AI Cash-to-Debt Related Terms

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Nextech3d AI (Nextech3d AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nextech3d AI Corp (OTCPK:NEXCF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

1SS:Germany NTAR:Canada

Address

Toronto Rpo Royal Bank Plaza, Po Box 64039, Toronto, ON, CAN, M5J 2T6

Website

https://www.nextechar.com

Nextech3d AI Corp is a diversified technology company that leverages proprietary artificial intelligence (AI) to create 3D models and experiences. Its main businesses are creating 3D models for Amazon as well as many other e-commerce retailers. The company develops and acquires disruptive technologies and once commercialized, spins them out as stand-alone public companies issuing a stock dividend to shareholders while retaining a ownership stake in the public spin-out.