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Nubia Brand International (Nubia Brand International) Cash-to-Debt : 0.00 (As of Sep. 2023)


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What is Nubia Brand International 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. Nubia Brand International's cash to debt ratio for the quarter that ended in Sep. 2023 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, Nubia Brand International couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

During the past 2 years, Nubia Brand International's highest Cash to Debt Ratio was 10.14. The lowest was 0.00. And the median was 4.37.

NUBIU's Cash-to-Debt is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2.56
* Ranked among companies with meaningful Cash-to-Debt only.

Nubia Brand International Cash-to-Debt Historical Data

The historical data trend for Nubia Brand International'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.

Nubia Brand International Cash-to-Debt Chart

Nubia Brand International Annual Data
Trend Dec21 Dec22
Cash-to-Debt
- 4.37

Nubia Brand International Quarterly Data
Aug21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only 4.59 4.37 0.08 0.01 -

Competitive Comparison of Nubia Brand International's Cash-to-Debt

For the Shell Companies subindustry, Nubia Brand International'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.

Nubia Brand International's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Nubia Brand International's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Nubia Brand International's Cash-to-Debt falls into.


Nubia Brand International 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.

Nubia Brand International's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
=0.546 / (0.125 + 0)
=4.37

Nubia Brand International's Cash to Debt Ratio for the quarter that ended in Sep. 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)
=0.002 / (1.863 + 0)
=0.00

* 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.

Nubia Brand International  (NAS:NUBIU) 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.

Nubia Brand International Cash-to-Debt Related Terms

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Nubia Brand International (Nubia Brand International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Nubia Brand International Corp (NAS:NUBIU) » Definitions » Cash-to-Debt
Comparable Companies
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Traded in Other Exchanges
NUBI:USA
Address
13355 Noel Road, Suite 1100, Dallas, TX, USA, 75240
Website
Nubia Brand International Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.