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Nerdwallet (Nerdwallet) Cash-to-Debt : No Debt (1) (As of Mar. 2024)


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

NRDS' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.37   Med: 11.25   Max: No Debt
Current: 11.55

During the past 5 years, Nerdwallet's highest Cash to Debt Ratio was No Debt. The lowest was 1.37. And the median was 11.25.

NRDS's Cash-to-Debt is ranked better than
62.46% of 586 companies
in the Interactive Media industry
Industry Median: 4.69 vs NRDS: 11.55

Nerdwallet Cash-to-Debt Historical Data

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

Nerdwallet Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
1.37 1.89 11.25 6.76 10.68

Nerdwallet Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt 10.68 No Debt

Competitive Comparison of Nerdwallet's Cash-to-Debt

For the Internet Content & Information subindustry, Nerdwallet'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.


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

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

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



Nerdwallet 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.

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

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

Nerdwallet 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.


Nerdwallet  (NAS:NRDS) 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.


Nerdwallet Cash-to-Debt Related Terms

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


Nerdwallet (Nerdwallet) Business Description

Traded in Other Exchanges
Address
55 Hawthorne Street, 11th Floor, San Francisco, CA, USA, 94105
Nerdwallet Inc is a free tool to find you the best credit cards, cd rates, savings, checking accounts, scholarships, healthcare, personal loans and airlines.
Executives
Maurice Kevin Taylor director 55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
Tim Chao-ming Chen director, 10 percent owner, officer: Chief Executive Officer 55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Kevin Yuann officer: Chief Business Officer 55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Samuel Yount officer: VP, General Manager 55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
John Caine officer: Chief Product Officer 350 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10118
Lauren Stclair officer: Chief Financial Officer 55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Kelly Gillease officer: Chief Marketing Officer 55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Lynne Marie Laube director C/O CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Thomas Loverro director 55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Jennifer Ceran director C/O QUOTIENT TECHNOLOGY INC., 400 LOGUE AVE, MOUNTAIN VIEW CA 94043
Kenneth Thomas Mcbride director STAMPS.COM INC., 1990 E. GRAND AVE., EL SEGUNDO CA 90245
Robinson James D Iii director ONE COCA-COLA PLAZA, ATLANTA GA 30313
Innovius Capital Gp I, Llc 10 percent owner FOUR EMBARCADERO CENTER, SUITE 3720, SAN FRANCISCO CA 94111
Jules A. Maltz 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Institutional Venture Management Xiv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025

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