V.S. International Group (HKSE:01002) Cash-to-Debt : 2.62 (As of Jan. 2024)

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What is V.S. International Group 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. V.S. International Group's cash to debt ratio for the quarter that ended in Jan. 2024 was 2.62.

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, V.S. International Group could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for V.S. International Group's Cash-to-Debt or its related term are showing as below:

HKSE:01002' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.36 Max: 2.62
Current: 2.62

During the past 13 years, V.S. International Group's highest Cash to Debt Ratio was 2.62. The lowest was 0.11. And the median was 0.36.

HKSE:01002's Cash-to-Debt is ranked better than
71.02% of 1546 companies
in the Chemicals industry
Industry Median: 0.74 vs HKSE:01002: 2.62

V.S. International Group Cash-to-Debt Historical Data

The historical data trend for V.S. International Group'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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V.S. International Group Cash-to-Debt Chart

V.S. International Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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0.34

0.60

0.48

1.83

2.43

V.S. International Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															1.16	1.83	2.28	2.43	2.62

Competitive Comparison of V.S. International Group's Cash-to-Debt

For the Specialty Chemicals subindustry, V.S. International Group'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.

V.S. International Group's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, V.S. International Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where V.S. International Group's Cash-to-Debt falls into.

V.S. International Group 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.

V.S. International Group's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	92.94	/	(38.182	+	0)
	=	2.43

V.S. International Group's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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)
	=	84.773	/	(32.418	+	0)
	=	2.61

V.S. International Group (HKSE:01002) 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.

V.S. International Group Cash-to-Debt Related Terms

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V.S. International Group (HKSE:01002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » V.S. International Group Ltd (HKSE:01002) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Connaught Place, 40th Floor, Jardine House, Central, Hong kong, HKG

Website

http://www.vs-ig.com

V.S. International Group Ltd is an investment holding company. It is engaged in the plastic injection and moulding business. It operates in three segments. The Plastic injection and moulding segment, which is the key revenue driver, manufactures and sells plastic moulded products and parts; the Assembling of electronic products segment assembles and sells electronic products, this segment also includes processing fees generated from assembling electronic products; the Mould design and fabrication segment manufactures and sells plastic injection moulds.

Executives

B&e Holding Limited	2101 Beneficial owner
Beh Kim Siea	2201 Interest of corporation controlled by you
Beh Kim Ling	2101 Beneficial owner
V.s. Industry Berhad	2101 Beneficial owner

V.S. International Group (HKSE:01002) Headlines

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