Nextdoor Holdings (Nextdoor Holdings) Cash-to-Debt : 7.98 (As of Dec. 2023)

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What is Nextdoor 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. Nextdoor Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 7.98.

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, Nextdoor 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 Nextdoor Holdings's Cash-to-Debt or its related term are showing as below:

KIND' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.46 Med: 8.72 Max: 10.42
Current: 7.98

During the past 5 years, Nextdoor Holdings's highest Cash to Debt Ratio was 10.42. The lowest was 3.46. And the median was 8.72.

KIND's Cash-to-Debt is ranked better than
57.58% of 587 companies
in the Interactive Media industry
Industry Median: 4.63 vs KIND: 7.98

Nextdoor Holdings Cash-to-Debt Historical Data

The historical data trend for Nextdoor 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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Nextdoor Holdings Cash-to-Debt Chart

Nextdoor Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

3.46

10.42

9.47

7.98

Nextdoor Holdings Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										9.47	8.12	7.94	7.93	7.98

Competitive Comparison of Nextdoor Holdings's Cash-to-Debt

For the Internet Content & Information subindustry, Nextdoor 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.

Nextdoor Holdings's Cash-to-Debt Distribution in the Interactive Media Industry

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

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

Nextdoor 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.

Nextdoor Holdings's Cash to Debt Ratio for the fiscal year 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)
	=	531.101	/	(6.208	+	60.378)
	=	7.98

Nextdoor 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)
	=	531.101	/	(6.208	+	60.378)
	=	7.98

Nextdoor Holdings (NYSE:KIND) 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.

Nextdoor Holdings Cash-to-Debt Related Terms

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Nextdoor Holdings (Nextdoor Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Nextdoor Holdings Inc (NYSE:KIND) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

420 Taylor Street, San Francisco, CA, USA, 94102

Website

https://www.nextdoor.com

Nextdoor Holdings Inc is the platform to connect to the neighborhoods. The purpose is to cultivate a kinder world where everyone has a neighborhood. Neighbors around the world turn to Nextdoor daily to receive trusted information, give and get help, get things done, and build real-world connections with nearby neighbors, businesses, and public services.

Executives

John Orta	officer: Head of Legal and Secretary	C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94012
Dana L Evan	director	550 EAST TIMPANOGOS CIRCLE, *, OREM UT 84097
Greylock 16 Gp Llc	other: Member of 10% owner group	2550 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
David L Sze	director	GREYLOCK, 880 WINTER STREET SUITE 300, WALTHAM MA 02451
Mary G Meeker	director	2750 SAND HILL ROAD, MENLO PARK CA 94025
Jason Pressman	director	2440 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Greylock 16 Limited Partnership	other: Member of 10% owner group	1600 DISTRICT AVENUE, SUITE 104, BURLINGTON MA 01803
Greylock 16-a Limited Partnership	other: Member of 10% owner group	1600 DISTRICT AVENUE, SUITE 104, BURLINGTON MA 01803
Greylock 16 Principals Lp	other: Member of 10% owner group	1600 DISTRICT AVENUE, SUITE 104, BURLINGTON MA 01803
Shasta Ventures Ii Gp, Llc	10 percent owner	2440 SAND HILL ROAD, SUITE 300, MENLO PARK CA 94025
Greylock Discovery Fund Llc	10 percent owner	2550 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Sarah Friar	director, officer: CEO and President	C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94102
Andrea M Wishom	director	651 BRANNAN ST., SAN FRANCISCO CA 94107
Benchmark Capital Management Co. Viii, L.l.c.	10 percent owner	2965 WOODSIDE ROAD, WOODSIDE CA 94062
Benchmark Capital Partners Viii, L.p.	10 percent owner	2965 WOODSIDE ROAD, WOODSIDE CA 94062