Nu-World Holdings (JSE:NWL) Cash-to-Debt : 9.65 (As of Feb. 2024)

View and export this data going back to 1987. Start your Free Trial

What is Nu-World 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. Nu-World Holdings's cash to debt ratio for the quarter that ended in Feb. 2024 was 9.65.

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, Nu-World Holdings could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

JSE:NWL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.56 Med: 1.95 Max: 9.65
Current: 9.65

During the past 13 years, Nu-World Holdings's highest Cash to Debt Ratio was 9.65. The lowest was 0.56. And the median was 1.95.

JSE:NWL's Cash-to-Debt is ranked better than
77.73% of 2470 companies
in the Hardware industry
Industry Median: 1.35 vs JSE:NWL: 9.65

Nu-World Holdings Cash-to-Debt Historical Data

The historical data trend for Nu-World 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.

* Premium members only.

Nu-World Holdings Cash-to-Debt Chart

Nu-World Holdings Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

Get a 7-Day Free Trial

1.07

2.33

6.96

4.50

9.04

Nu-World Holdings Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															1.97	4.50	8.32	9.04	9.65

Competitive Comparison of Nu-World Holdings's Cash-to-Debt

For the Consumer Electronics subindustry, Nu-World 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.

Nu-World Holdings's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nu-World Holdings's Cash-to-Debt distribution charts can be found below:

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

Nu-World 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.

Nu-World Holdings's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	524.266	/	(23.811	+	34.193)
	=	9.04

Nu-World Holdings's Cash to Debt Ratio for the quarter that ended in Feb. 2024 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)
	=	455.105	/	(25.942	+	21.236)
	=	9.65

Nu-World Holdings (JSE:NWL) 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.

Nu-World Holdings Cash-to-Debt Related Terms

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

Nu-World Holdings (JSE:NWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nu-World Holdings Ltd (JSE:NWL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 - 3rd Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2199

Website

https://www.nuworld.co.za

Nu-World Holdings Ltd, along with its subsidiaries is engaged in importing, manufacturing, assembling, marketing, and distributing branded consumer goods including consumer electronics, high-technology, small electrical appliances, white goods, liquor, and furniture. It also manufactures kitchenware and Telefunken. The company operates its business in geographic segments that include South Africa, Hong Kong, Australia, and the United Arab Emirates. The South African segment generates maximum revenue for the company.