Vinacomin - Power Holding (HSTC:DTK) Cash-to-Debt : 0.24 (As of Mar. 2024)

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What is Vinacomin - Power Holding 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. Vinacomin - Power Holding's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.24.

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, Vinacomin - Power Holding couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

HSTC:DTK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.12 Max: 0.24
Current: 0.24

During the past 3 years, Vinacomin - Power Holding's highest Cash to Debt Ratio was 0.24. The lowest was 0.02. And the median was 0.12.

HSTC:DTK's Cash-to-Debt is ranked better than
51.63% of 430 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs HSTC:DTK: 0.24

Vinacomin - Power Holding Cash-to-Debt Historical Data

The historical data trend for Vinacomin - Power Holding'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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Vinacomin - Power Holding Cash-to-Debt Chart

Vinacomin - Power Holding Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.02

0.11

0.16

Vinacomin - Power Holding Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial						0.10	0.16	0.12	0.16	0.24

Competitive Comparison of Vinacomin - Power Holding's Cash-to-Debt

For the Utilities - Renewable subindustry, Vinacomin - Power Holding'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.

Vinacomin - Power Holding's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vinacomin - Power Holding's Cash-to-Debt distribution charts can be found below:

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

Vinacomin - Power Holding 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.

Vinacomin - Power Holding'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)
	=	721920.867	/	(3041153.651	+	1621352.39)
	=	0.15

Vinacomin - Power Holding's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	1029968.692	/	(3105057.026	+	1259702.834)
	=	0.24

Vinacomin - Power Holding (HSTC:DTK) 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.

Vinacomin - Power Holding Cash-to-Debt Related Terms

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

Vinacomin - Power Holding (HSTC:DTK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Vinacomin - Power Holding Corp (HSTC:DTK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 78 Duy Tan street, Dich Vong Hiep ward, 2 floor, Sannam building, Cau Giay district, Ha Noi, VNM

Website

http://www.vinacominpower.vn

Vinacomin - Power Holding Corp is engaged in production, transmission, and selling of electricity. The company invests, constructs, exploits and operates thermal power plants, hydropower plants, electricity using new energy, renewable energy and power grids, power supply systems.

Vinacomin - Power Holding (HSTC:DTK) Headlines

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