Nxu (NXU) Cash-to-Debt : 1.82 (As of Dec. 2023)

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What is Nxu 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. Nxu's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.82.

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

NXU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 1.82 Max: 7.92
Current: 1.82

During the past 3 years, Nxu's highest Cash to Debt Ratio was 7.92. The lowest was 0.23. And the median was 1.82.

NXU's Cash-to-Debt is ranked better than
58.37% of 2998 companies
in the Industrial Products industry
Industry Median: 1.18 vs NXU: 1.82

Nxu Cash-to-Debt Historical Data

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

Nxu Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

7.92

0.23

1.82

Nxu Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				0.23	2.58	1.17	0.63	1.82

Competitive Comparison of Nxu's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Nxu'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.

Nxu's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nxu's Cash-to-Debt distribution charts can be found below:

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

Nxu 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.

Nxu'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)
	=	2.846	/	(0.864	+	0.698)
	=	1.82

Nxu'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)
	=	2.846	/	(0.864	+	0.698)
	=	1.82

Nxu (NAS:NXU) 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.

Nxu Cash-to-Debt Related Terms

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Nxu (NXU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nxu Inc (NAS:NXU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1828 N Higley Road, Suite 116, Mesa, AZ, USA, 85205

Website

https://www.nxuenergy.com

Nxu Inc is engaged in Research & development, and manufacturing of Scalable battery packs. The company is making 15-minute charge times possible for the most demanding equipment and vehicle applications. It has Increased energy density, packaging efficiency, and superior thermodynamics making Qcells the solution to today's electrification problem. The company's Products include Qcell, Qube, and Qube Plus.

Executives

Gem Global Yield Llc Scs	10 percent owner	12C, RUE GUILLAUME J. KROLL, LUXEMBOURG N4 L-1882
Jessica Billingsley	director	AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Britt E Ide	director	345 BOBWHITE COURT, SUITE 200, BOISE ID 83706
Caryn M. Nightengale	director	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Annie Pratt	director, 10 percent owner, officer: President	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Apoorv Dwivedi	officer: Chief Financial Officer	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Mark Hanchett	director, 10 percent owner, officer: Chief Executive Officer	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Kate Sieker	officer: VP of People	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Bourgeois Benoit Le	officer: VP of User Experience	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205
Charles David Apps	officer: VP of Operations	C/O ATLIS, INC., 1828 N. HIGLEY RD. SUITE #116, MESA AZ 85205