Niks Professional (SGX:NPL) Cash-to-Debt : 2.28 (As of Mar. 2023)

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What is Niks Professional 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. Niks Professional's cash to debt ratio for the quarter that ended in Mar. 2023 was 2.28.

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, Niks Professional could pay off its debt using the cash in hand for the quarter that ended in Mar. 2023.

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

SGX:NPL' s Cash-to-Debt Range Over the Past 10 Years
Min: 6.34 Med: 9.27 Max: 75.38
Current: 6.34

During the past 4 years, Niks Professional's highest Cash to Debt Ratio was 75.38. The lowest was 6.34. And the median was 9.27.

SGX:NPL's Cash-to-Debt is ranked better than
78.67% of 661 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs SGX:NPL: 6.34

Niks Professional Cash-to-Debt Historical Data

The historical data trend for Niks Professional'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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Niks Professional Cash-to-Debt Chart

Niks Professional Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

75.38

9.43

9.12

6.34

Niks Professional Quarterly Data
	Dec20	Dec21	Mar22	Dec22	Mar23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			9.43	N/A	9.12	2.28	6.34

Competitive Comparison of Niks Professional's Cash-to-Debt

For the Medical Care Facilities subindustry, Niks Professional'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.

Niks Professional's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Niks Professional's Cash-to-Debt distribution charts can be found below:

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

Niks Professional 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.

Niks Professional'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)
	=	9.086	/	(0.522	+	0.912)
	=	6.34

Niks Professional's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	3.076	/	(0.369	+	0.978)
	=	2.28

Niks Professional (SGX:NPL) 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.

Niks Professional Cash-to-Debt Related Terms

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

Niks Professional (SGX:NPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Niks Professional Ltd (SGX:NPL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Kallang Place, No. 03-27, Singapore, SGP, 339156

Website

https://www.nikspro.com

Niks Professional Ltd is an integrated medical skin care provider, incorporating family dermatology and aesthetic medical services, skin care products, facial treatment and medical camouflage service under one roof and a single NIKS brand. It owns and operates three medical clinics in Singapore focusing on family dermatology and aesthetic medicine. its clinical services are complemented by a portfolio of some 200 quality medical skin care products. its products are conceptualized and developed in Singapore and made in the finest factories in the United States and Europe.

Niks Professional (SGX:NPL) Headlines

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