New Wave Holdings (STU:0XM0) Cash-to-Debt : 10.00 (As of Dec. 2023)

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What is New Wave Holdings 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. New Wave Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 10.00.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, New Wave Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

STU:0XM0' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.57 Med: No Debt Max: No Debt
Current: 10.01

During the past 13 years, New Wave Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.57. And the median was No Debt.

STU:0XM0's Cash-to-Debt is ranked better than
75% of 1032 companies
in the Media - Diversified industry
Industry Median: 1.265 vs STU:0XM0: 10.01

New Wave Holdings Cash-to-Debt Historical Data

The historical data trend for New Wave Holdings'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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New Wave Holdings Cash-to-Debt Chart

New Wave Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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No Debt

7.81

42.35

34.28

9.58

New Wave Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															11.14	9.58	9.43	10.68	10.00

Competitive Comparison of New Wave Holdings's Cash-to-Debt

For the Entertainment subindustry, New Wave Holdings'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.

New Wave Holdings's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, New Wave Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where New Wave Holdings's Cash-to-Debt falls into.

New Wave Holdings 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.

New Wave Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	1.61	/	(0.168	+	0)
	=	9.58

New Wave Holdings'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)
	=	1.84	/	(0.104	+	0.08)
	=	10.00

New Wave Holdings (STU:0XM0) 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.

New Wave Holdings Cash-to-Debt Related Terms

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New Wave Holdings (STU:0XM0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » New Wave Holdings Corp (STU:0XM0) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TRMNF:USA 0XM0:Germany SPOR:Canada

Address

1055 W Georgia Street, Suite 1500, Royal Centre, Vancouver, AB, CAN, V6E 4N7

Website

https://www.newwavecorp.com

New Wave Holdings Corp is an investment issuer and its objective is to generate income and achieve long term capital appreciation through investments focused on e-sports, NFT (non-fungible token), metaverse, blockchain and Web 3 sectors.

New Wave Holdings (STU:0XM0) Headlines

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