VIB Vermoegen AG (FRA:VIH1) Cash-to-Debt : 0.11 (As of Dec. 2023)

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What is VIB Vermoegen AG 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. VIB Vermoegen AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.11.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, VIB Vermoegen AG couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

FRA:VIH1' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.07 Max: 0.11
Current: 0.11

During the past 13 years, VIB Vermoegen AG's highest Cash to Debt Ratio was 0.11. The lowest was 0.05. And the median was 0.07.

FRA:VIH1's Cash-to-Debt is ranked worse than
69.05% of 1787 companies
in the Real Estate industry
Industry Median: 0.26 vs FRA:VIH1: 0.11

VIB Vermoegen AG Cash-to-Debt Historical Data

The historical data trend for VIB Vermoegen AG'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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VIB Vermoegen AG Cash-to-Debt Chart

VIB Vermoegen AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.05

0.09

0.11

VIB Vermoegen AG Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.09	0.09	0.41	0.11

Competitive Comparison of VIB Vermoegen AG's Cash-to-Debt

For the Real Estate Services subindustry, VIB Vermoegen AG'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.

VIB Vermoegen AG's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, VIB Vermoegen AG's Cash-to-Debt distribution charts can be found below:

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

VIB Vermoegen AG 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.

VIB Vermoegen AG'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)
	=	103.305	/	(40.038	+	887.4)
	=	0.11

VIB Vermoegen AG'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)
	=	103.305	/	(40.038	+	887.4)
	=	0.11

VIB Vermoegen AG (FRA:VIH1) 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.

VIB Vermoegen AG Cash-to-Debt Related Terms

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VIB Vermoegen AG (FRA:VIH1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » VIB Vermoegen AG (FRA:VIH1) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

VIH1:Germany

Address

Tilly-Park 1, Neuburg an der Donau, BY, DEU, 86633

Website

https://www.vib-ag.de

VIB Vermoegen AG is a real estate holding company which is engaged in the development, acquisition, and management of commercial real estate properties, The real estate portfolio of VIB Vermogen AG includes logistics properties, industrial real estate, shopping centers and retail parks, as well as commercial and service centers. Its segment are Rental and Management of Real Estate Assets and Management of Properties of Institutional Investors.

VIB Vermoegen AG (FRA:VIH1) Headlines

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