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Nigerian Exchange Group (NSA:NGXGROUP) Cash-to-Debt : 0.00 (As of . 20)


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What is Nigerian Exchange 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. Nigerian Exchange Group's cash to debt ratio for the quarter that ended in . 20 was 0.00.

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, Nigerian Exchange Group couldn't pay off its debt using the cash in hand for the quarter that ended in . 20.

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

NSA:NGXGROUP's Cash-to-Debt is not ranked *
in the Capital Markets industry.
Industry Median: 2.36
* Ranked among companies with meaningful Cash-to-Debt only.

Nigerian Exchange Group Cash-to-Debt Historical Data

The historical data trend for Nigerian Exchange 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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Nigerian Exchange Group Cash-to-Debt Chart

Nigerian Exchange Group Annual Data
Trend
Cash-to-Debt

Nigerian Exchange Group Semi-Annual Data
Cash-to-Debt

Competitive Comparison of Nigerian Exchange Group's Cash-to-Debt

For the Capital Markets subindustry, Nigerian Exchange 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.


Nigerian Exchange Group's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nigerian Exchange Group's Cash-to-Debt distribution charts can be found below:

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



Nigerian Exchange 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.

Nigerian Exchange Group's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Nigerian Exchange Group's Cash to Debt Ratio for the quarter that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

* 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.


Nigerian Exchange Group  (NSA:NGXGROUP) 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.


Nigerian Exchange Group Cash-to-Debt Related Terms

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


Nigerian Exchange Group Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2-4 Customs Street, Stock Exchange House, Lagos Island, Lagos, NGA, 102273
Nigerian Exchange Group PLC is a integrated market infrastructure in Africa. It provides a wide range of services including listing and trading securities, licensing, market data solutions, ancillary technology, regulation, real estate, and more.

Nigerian Exchange Group Headlines

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