Nocopi Technologies (Nocopi Technologies) Cash-to-Debt : 2,627.75 (As of Mar. 2024)

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What is Nocopi Technologies 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. Nocopi Technologies's cash to debt ratio for the quarter that ended in Mar. 2024 was 2,627.75.

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, Nocopi Technologies could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

NNUP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 2.82 Max: 2627.75
Current: 2627.75

During the past 13 years, Nocopi Technologies's highest Cash to Debt Ratio was 2627.75. The lowest was 0.07. And the median was 2.82.

NNUP's Cash-to-Debt is ranked better than
94.58% of 1550 companies
in the Chemicals industry
Industry Median: 0.72 vs NNUP: 2627.75

Nocopi Technologies Cash-to-Debt Historical Data

The historical data trend for Nocopi Technologies'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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Nocopi Technologies Cash-to-Debt Chart

Nocopi Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.29

8.47

15.92

76.86

569.72

Nocopi Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															96.32	127.05	337.97	569.72	2,627.75

Competitive Comparison of Nocopi Technologies's Cash-to-Debt

For the Specialty Chemicals subindustry, Nocopi Technologies'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.

Nocopi Technologies's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nocopi Technologies's Cash-to-Debt distribution charts can be found below:

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

Nocopi Technologies 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.

Nocopi Technologies'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)
	=	10.255	/	(0.018	+	0)
	=	569.72

Nocopi Technologies's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	10.511	/	(0.004	+	0)
	=	2,627.75

Nocopi Technologies (OTCPK:NNUP) 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.

Nocopi Technologies Cash-to-Debt Related Terms

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Nocopi Technologies (Nocopi Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nocopi Technologies Inc (OTCPK:NNUP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

480 Shoemaker Road, Suite 104, King of Prussia, PA, USA, 19406

Website

https://www.nocopi.com

Nocopi Technologies Inc develops and markets specialty reactive inks. Its main business activities are the development and distribution of document security products and the licensing of its patented reactive ink technologies for the entertainment and toy and the document and product authentication markets in the United States and foreign countries. Its primary geographic markets are North America, South America, Europe, Asia, and Australia. Geographically, the company receives maximum revenue from Asia.

Executives

Frost Gamma Investments Trust	10 percent owner	4400 BISCAYNE BLVD, MIAMI FL 33137
Frost Phillip Md Et Al	10 percent owner	4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Matthew C. Winger	director, officer: EVP - Corporate Development	4400 BISCAYNE BLVD, MIAMI FL 33137
Jacqueline Joy Goldman	director	6000 SAN JOSE BLVD., UNIT 705, JACKSONVILLE FL 32217
Michael Liebowitz	10 percent owner	4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Debra Elyse Glickman	officer: Chief Financial Officer	21 BARSTOW ROAD, APT. 6L, GREAT NECK NY 11021
Joseph S Steinberg	10 percent owner	C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Howard Timothy Eriksen	10 percent owner	567 WILDROSE CIRCLE, LYNDEN WA 98264
Joseph Kevin Raymond	director	480 SHOEMAKER RD., KING OF PRUSSIA PA 19406
Michael Feinstein	director, officer: Chairman and CEO
Philip White	director	13519 MADISON AVENUE, OCEAN CITY MD 21842
Marc Rash	director	C/O NOCOPI TECHNOLOGIES, INC., 480 SHOEMAKER ROAD, STE 104, KING OF PRUSSIA PA 19406
Terry Stovold	officer: Chief Operating Officer	C/O NOCOPI TECHNOLOGIES, INC., 480 SHOEMAKER ROAD, STE 104, KING OF PRUSSIA PA 19406
William Ward Carey	director	12 FIELDVIEW LANE, EAST HAMPTON NY 11937
Curtis William Patrick Jr	director	225 STATE ROAD, MEDIA PA 19063

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