NOSUF (Nerds On Site) Cash-to-Debt : 0.91 (As of Nov. 2024)

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What is Nerds On Site 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. Nerds On Site's cash to debt ratio for the quarter that ended in Nov. 2024 was 0.91.

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, Nerds On Site couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2024.

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

NOSUF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.65 Max: 6.21
Current: 0.9

During the past 9 years, Nerds On Site's highest Cash to Debt Ratio was 6.21. The lowest was 0.04. And the median was 0.65.

NOSUF's Cash-to-Debt is ranked worse than
67.31% of 2808 companies
in the Software industry
Industry Median: 2.575 vs NOSUF: 0.90

Nerds On Site Cash-to-Debt Historical Data

The historical data trend for Nerds On Site'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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Nerds On Site Cash-to-Debt Chart

Nerds On Site Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

May24

Cash-to-Debt

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0.59

0.97

0.56

1.43

Nerds On Site Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Cash-to-Debt	Get a 7-Day Free Trial															0.54	0.51	1.43	1.03	0.91

Competitive Comparison of Nerds On Site's Cash-to-Debt

For the Information Technology Services subindustry, Nerds On Site'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.

Nerds On Site's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Nerds On Site's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Nerds On Site's Cash-to-Debt falls into.

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Nerds On Site 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.

Nerds On Site's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	0.32	/	(0.138	+	0.086)
	=	1.43

Nerds On Site's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	0.202	/	(0.144	+	0.079)
	=	0.91

Nerds On Site (OTCPK:NOSUF) 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.

Nerds On Site Cash-to-Debt Related Terms

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Nerds On Site Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nerds On Site Inc (OTCPK:NOSUF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

3NS:Germany NERD:Canada

Address

4026 Meadowbrook Drive, Unit 120-121, London, ON, CAN, N6L 1C7

Website

https://www.nerdsonsite.com

Nerds On Site Inc provides mobile information technology (IT) support for small to medium-sized enterprises. Its services include computer set-up, network installation, tailored software services, and IT support. The company offers business solutions and residential services. The corporation oversees and retains a network of technically proficient and specially trained independent IT consultants (Consultants) to help clients by providing on-site, effective, consistent, and customized IT solutions.