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Nexeo Solutions Inc  (NAS:NXEO) Cash-to-Debt: 0.06 (As of Dec. 2018)

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. Nexeo Solutions Inc's cash to debt ratio for the quarter that ended in Dec. 2018 was 0.06.

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, Nexeo Solutions Inc couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2018.

NAS:NXEO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03   Max: No Debt
Current: 0.06

0.03
No Debt

During the past 5 years, Nexeo Solutions Inc's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was 0.06.

NAS:NXEO's Cash-to-Debt is ranked lower than
94% of the 1122 Companies
in the Global industry.

( Industry Median: 0.72 vs. NAS:NXEO: 0.06 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Nexeo Solutions Inc Annual Data

Dec14 Dec15 Sep16 Sep17 Sep18
Cash-to-Debt 10,000.00 0.03 0.06 0.06 0.07

Nexeo Solutions Inc Quarterly Data

Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.05 0.07 0.06

Competitive Comparison
* 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.


Nexeo Solutions Inc Distribution

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



Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Nexeo Solutions Inc's Cash to Debt Ratio for the fiscal year that ended in Sep. 2018 is calculated as:

Nexeo Solutions Inc's Cash to Debt Ratio for the quarter that ended in Dec. 2018 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


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