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NWGL (Nature Wood Group) Cash-to-Debt : 0.15 (As of Dec. 2023)


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What is Nature Wood 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. Nature Wood Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.15.

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, Nature Wood Group 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 Nature Wood Group's Cash-to-Debt or its related term are showing as below:

NWGL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08   Med: 0.13   Max: 0.15
Current: 0.15

During the past 4 years, Nature Wood Group's highest Cash to Debt Ratio was 0.15. The lowest was 0.08. And the median was 0.13.

NWGL's Cash-to-Debt is ranked worse than
67.27% of 275 companies
in the Forest Products industry
Industry Median: 0.31 vs NWGL: 0.15

Nature Wood Group Cash-to-Debt Historical Data

The historical data trend for Nature Wood 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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Nature Wood Group Cash-to-Debt Chart

Nature Wood Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
0.14 0.08 0.12 0.15

Nature Wood Group Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial N/A 0.02 0.12 0.10 0.15

Competitive Comparison of Nature Wood Group's Cash-to-Debt

For the Lumber & Wood Production subindustry, Nature Wood 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.

Nature Wood Group's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nature Wood Group's Cash-to-Debt distribution charts can be found below:

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


Nature Wood 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.

Nature Wood Group'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)
=3.979 / (13.014 + 12.968)
=0.15

Nature Wood Group'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)
=3.979 / (13.014 + 12.968)
=0.15

* 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.

Nature Wood Group  (NAS:NWGL) 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.

Nature Wood Group Cash-to-Debt Related Terms

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Nature Wood Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nature Wood Group Ltd (NAS:NWGL) » Definitions » Cash-to-Debt
Comparable Companies
EVA SGTM JCTCF OSTO:SCA A UFPI SSD TSX:WFG TSX:SJ BOM:532548 XLIS:COR TSX:CFP BSP:DXCO3 SZSE:002043 SHSE:600189 XKRX:025900 SZSE:000592 TSX:IFP SZSE:000910 BOM:542857 SHSE:600076
Traded in Other Exchanges
N/A
Address
Avenida da Amizade No. 1287, Chong Fok Centro Comercial 13 E, Macau S.A.R., MAC
Website
http://www.nature-wood.com
Nature Wood Group Ltd is a vertically-integrated forestry company that focuses on FSC business operations. It produces various products, including logs, decking, flooring, sawn timber, recycled charcoal, synthesized charcoal, machine-made charcoal, and essential oils. The Group owns natural forest concessions and cutting rights for exploiting timbers on parcels of land in Peru. The Group is organized into two operating divisions; Direct Purchase and Original Design Manufacturer (ODM) Services, and Manufacturing segments. The Direct Purchase and ODM Segment that derives the majority of revenue engages in the business of sourcing live wood and owning designed designs on wood products for sales to end customers. Geographically, the company generates a majority of its revenue from China.