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NN Group NV Cash-to-Debt

: 1.08 (As of Jun. 2020)
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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. NN Group NV's cash to debt ratio for the quarter that ended in Jun. 2020 was 1.08.

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, NN Group NV could pay off its debt using the cash in hand for the quarter that ended in Jun. 2020.

OTCPK:NNGRY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.44   Med: 0.89   Max: 1.18
Current: 1.08

0.44
1.18

During the past 9 years, NN Group NV's highest Cash to Debt Ratio was 1.18. The lowest was 0.44. And the median was 0.89.

OTCPK:NNGRY's Cash-to-Debt is ranked lower than
65% of the 488 Companies
in the Insurance industry.

( Industry Median: 2.60 vs. OTCPK:NNGRY: 1.08 )

NN Group NV Cash-to-Debt 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.

NN Group NV Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.77 0.82 0.89 0.88 0.52

NN Group NV Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20
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 0.96 0.98 0.89 0.52 1.08

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.


NN Group NV Cash-to-Debt Distribution

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



NN Group NV Cash-to-Debt Calculation

This is the ratio of a company's Cash and cash equivalents 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.

NN Group NV's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Cash to Debt Ratio= Cash and cash equivalents / Total Debt
= Cash and cash equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=7151.1111111111 / (0 + 13733.333333333)
=0.52

NN Group NV's Cash to Debt Ratio for the quarter that ended in Jun. 2020 is calculated as:

Cash to Debt Ratio= Cash and cash equivalents / Total Debt
= Cash and cash equivalents / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=13950.45045045 / (0 + 12915.540540541)
=1.08

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


NN Group NV  (OTCPK:NNGRY) 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.


NN Group NV Cash-to-Debt Related Terms


NN Group NV Cash-to-Debt Headlines

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