Joint Stock Commercial Bank for Foreign Trade of Vietnam (STC:VCB) Cash-to-Debt : 8.04 (As of Mar. 2024)

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What is Joint Stock Commercial Bank for Foreign Trade of Vietnam 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. Joint Stock Commercial Bank for Foreign Trade of Vietnam's cash to debt ratio for the quarter that ended in Mar. 2024 was 8.04.

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, Joint Stock Commercial Bank for Foreign Trade of Vietnam could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cash-to-Debt or its related term are showing as below:

STC:VCB' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.69 Med: 8.53 Max: 16.71
Current: 8.04

During the past 13 years, Joint Stock Commercial Bank for Foreign Trade of Vietnam's highest Cash to Debt Ratio was 16.71. The lowest was 3.69. And the median was 8.53.

STC:VCB's Cash-to-Debt is ranked better than
84.98% of 1425 companies
in the Banks industry
Industry Median: 1.29 vs STC:VCB: 8.04

Joint Stock Commercial Bank for Foreign Trade of Vietnam Cash-to-Debt Historical Data

The historical data trend for Joint Stock Commercial Bank for Foreign Trade of Vietnam'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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Joint Stock Commercial Bank for Foreign Trade of Vietnam Cash-to-Debt Chart

Joint Stock Commercial Bank for Foreign Trade of Vietnam Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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9.95

10.57

9.59

11.02

9.67

Joint Stock Commercial Bank for Foreign Trade of Vietnam Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															10.54	15.67	16.71	9.67	8.04

Competitive Comparison of Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cash-to-Debt

For the Banks - Regional subindustry, Joint Stock Commercial Bank for Foreign Trade of Vietnam'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.

Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cash-to-Debt falls into.

Joint Stock Commercial Bank for Foreign Trade of Vietnam Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	384611227	/	(0	+	39788750)
	=	9.67

Joint Stock Commercial Bank for Foreign Trade of Vietnam's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	305726096	/	(0	+	38046071)
	=	8.04

Joint Stock Commercial Bank for Foreign Trade of Vietnam (STC:VCB) 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.

Joint Stock Commercial Bank for Foreign Trade of Vietnam Cash-to-Debt Related Terms

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Joint Stock Commercial Bank for Foreign Trade of Vietnam (STC:VCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Joint Stock Commercial Bank for Foreign Trade of Vietnam (STC:VCB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 198 Tran Quang Khai Street, Hoan Kiem District, Ha Noi, VNM

Website

http://www.vietcombank.com.vn

Joint Stock Commercial Bank for Foreign Trade of Vietnam is engaged in the provision of banking products and services. The company's operating segment includes Banking financial services; Non-banking financial services; Securities and Others. It generates maximum revenue from the Banking financial services segment. Its geographical segment includes the North; the Middle and Central Highland; the South and Overseas of which the North segment derives a majority of revenue to the company. The company services include Personal loans, Electronic banking, Savings and Investment, Card, Payment and currency management, Commercial finance, Foreign exchange and capital markets, factoring and others.

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