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Navion Capital II (TSXV:NVN.P) Cash-to-Debt : No Debt (1) (As of Dec. 2024)


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What is Navion Capital II 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. Navion Capital II's cash to debt ratio for the quarter that ended in Dec. 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, Navion Capital II could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Navion Capital II's Cash-to-Debt or its related term are showing as below:

TSXV:NVN.P' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

During the past 2 years, Navion Capital II's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSXV:NVN.P's Cash-to-Debt is ranked better than
99.77% of 431 companies
in the Diversified Financial Services industry
Industry Median: 6.75 vs TSXV:NVN.P: No Debt

Navion Capital II Cash-to-Debt Historical Data

The historical data trend for Navion Capital II'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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Navion Capital II Cash-to-Debt Chart

Navion Capital II Annual Data
Trend Sep23 Sep24
Cash-to-Debt
No Debt No Debt

Navion Capital II Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash-to-Debt Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Navion Capital II's Cash-to-Debt

For the Shell Companies subindustry, Navion Capital II'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.

Navion Capital II's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Navion Capital II's Cash-to-Debt distribution charts can be found below:

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


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Navion Capital II 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.

Navion Capital II's Cash to Debt Ratio for the fiscal year that ended in Sep. 2024 is calculated as:

Navion Capital II had no debt (1).

Navion Capital II's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Navion Capital II had no debt (1).

* 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.

Navion Capital II  (TSXV:NVN.P) 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.

Navion Capital II Cash-to-Debt Related Terms

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

Navion Capital II Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Navion Capital II Inc (TSXV:NVN.P) » Definitions » Cash-to-Debt
Comparable Companies
TSXV:EESH.P TSXV:TCG.P TSXV:JJJJ.P TSXV:AZC.P TSXV:PCAA.P TSXV:GFOR.P TSXV:LOG.P TSXV:HRC.P TSXV:OAC.P TSXV:TRV.P AACT ANSC AAM EQV NETD GATE CEP CCIX KFII CCIR
Traded in Other Exchanges
N/A
Address
639, 5th Avenue SW, Suite 1250, Calgary, AB, CAN, T2P 0M9
Website
Navion Capital II Inc is a company whose principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.

Navion Capital II Headlines

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