The Naga Group AG (XTER:N4G) Cash-to-Debt : 8.26 (As of Jun. 2023)

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What is The Naga Group AG 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. The Naga Group AG's cash to debt ratio for the quarter that ended in Jun. 2023 was 8.26.

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, The Naga Group AG could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

XTER:N4G' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 8.94 Max: No Debt
Current: 8.26

During the past 8 years, The Naga Group AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 8.94.

XTER:N4G's Cash-to-Debt is ranked better than
66.5% of 788 companies
in the Capital Markets industry
Industry Median: 1.78 vs XTER:N4G: 8.26

The Naga Group AG Cash-to-Debt Historical Data

The historical data trend for The Naga Group AG'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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The Naga Group AG Cash-to-Debt Chart

The Naga Group AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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341.29

0.03

0.14

721.33

0.45

The Naga Group AG Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial										0.07	721.33	39.10	0.45	8.26

Competitive Comparison of The Naga Group AG's Cash-to-Debt

For the Capital Markets subindustry, The Naga Group AG'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.

The Naga Group AG's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Naga Group AG's Cash-to-Debt distribution charts can be found below:

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

The Naga Group AG 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.

The Naga Group AG'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)
	=	0.919	/	(2.043	+	0)
	=	0.45

The Naga Group AG's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	2.13	/	(0.258	+	0)
	=	8.26

The Naga Group AG (XTER:N4G) 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.

The Naga Group AG Cash-to-Debt Related Terms

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

The Naga Group AG (XTER:N4G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The Naga Group AG (XTER:N4G) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N4G:Germany N4G:Germany N4G:Germany

Address

Hohe Bleichen 12, Hamburg, DEU, 20354

Website

https://www.naga.com

The Naga Group AG develops and markets disruptive applications in financial technology. Its products include NAGA Trader, NAGA Brokers, NAGA Virtual, NAGA Wallet, and NAGA Markets to trade with an EU licensed brokerage company. Its core business is an online brokerage and generates revenue from the same.

Executives

Qiang Liu	Supervisory Board
Harald Patt	Supervisory Board
Benjamin Jakub Bilski	Board of Directors
Michalis Mylonas	Board of Directors
Andreas Luecke	Board of Directors
Hans-jochen Lorenzen	Supervisory Board

The Naga Group AG (XTER:N4G) Headlines

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