NamSys (TSXV:CTZ) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2024)

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What is NamSys 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. NamSys's cash to debt ratio for the quarter that ended in Jan. 2024 was No Debt ⁽¹⁾.

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, NamSys could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

(1) 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.

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

TSXV:CTZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, NamSys's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was No Debt.

TSXV:CTZ's Cash-to-Debt is ranked better than
99.85% of 2723 companies
in the Software industry
Industry Median: 2.49 vs TSXV:CTZ: No Debt

NamSys Cash-to-Debt Historical Data

The historical data trend for NamSys'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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NamSys Cash-to-Debt Chart

NamSys Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

80.97

414.64

No Debt

NamSys Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of NamSys's Cash-to-Debt

For the Software - Application subindustry, NamSys'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.

NamSys's Cash-to-Debt Distribution in the Software Industry

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

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

NamSys 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.

NamSys's Cash to Debt Ratio for the fiscal year that ended in Oct. 2023 is calculated as:

NamSys had no debt ⁽¹⁾.

NamSys's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

NamSys had no debt ⁽¹⁾.

NamSys (TSXV:CTZ) 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.

NamSys Cash-to-Debt Related Terms

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

NamSys (TSXV:CTZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NamSys Inc (TSXV:CTZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NMYSF:USA

Address

120 Adelaide Street West, Office 112 - 25th Floor, Toronto, ON, CAN, M5H 1T1

Website

https://www.namsys.com

NamSys Inc was formed to acquire and manage emerging high technology enterprises with sound business solutions for their customers. The company exclusively offers software solutions for currency management and processing for the banking and merchant industries principally in North America. The company generates its revenue in the form of software license fees, Hosted services, maintenance, product support, and professional services. The majority of the revenue is generated from the United States.

NamSys (TSXV:CTZ) Headlines

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NamSys (TSXV:CTZ) Cash-to-Debt : No Debt (1) (As of Jan. 2024)