Nuran Wireless (Nuran Wireless) Cash-to-Debt : 0.01 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Nuran Wireless 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. Nuran Wireless's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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, Nuran Wireless couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

NRRWF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.12
Current: 0.01

During the past 9 years, Nuran Wireless's highest Cash to Debt Ratio was 0.12. The lowest was 0.01. And the median was 0.03.

NRRWF's Cash-to-Debt is ranked worse than
99.43% of 2473 companies
in the Hardware industry
Industry Median: 1.34 vs NRRWF: 0.01

Nuran Wireless Cash-to-Debt Historical Data

The historical data trend for Nuran Wireless'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.

* Premium members only.

Nuran Wireless Cash-to-Debt Chart

Nuran Wireless Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.05

0.12

0.02

0.03

0.01

Nuran Wireless Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.03	-	0.01	0.01

Competitive Comparison of Nuran Wireless's Cash-to-Debt

For the Communication Equipment subindustry, Nuran Wireless'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.

Nuran Wireless's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nuran Wireless's Cash-to-Debt distribution charts can be found below:

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

Nuran Wireless 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.

Nuran Wireless'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)
	=	0.129	/	(10.266	+	0.219)
	=	0.01

Nuran Wireless'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)
	=	0.129	/	(10.266	+	0.219)
	=	0.01

Nuran Wireless (OTCPK:NRRWF) 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.

Nuran Wireless Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Nuran Wireless's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuran Wireless (Nuran Wireless) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nuran Wireless Inc (OTCPK:NRRWF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

1RNA:Germany NUR:Canada

Address

2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3

Website

https://www.nuranwireless.com

Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments NaaS and Direct sales. The majority of the revenue is derived from Africa followed by Canada and so on.