VIX Securities JSC (STC:VIX) Cash-to-Debt : 5.99 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is VIX Securities JSC 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. VIX Securities JSC's cash to debt ratio for the quarter that ended in Mar. 2024 was 5.99.

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, VIX Securities JSC could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

The historical rank and industry rank for VIX Securities JSC's Cash-to-Debt or its related term are showing as below:

STC:VIX' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.97 Med: 4.85 Max: No Debt
Current: 5.99

During the past 7 years, VIX Securities JSC's highest Cash to Debt Ratio was No Debt. The lowest was 1.97. And the median was 4.85.

STC:VIX's Cash-to-Debt is ranked better than
60.91% of 793 companies
in the Capital Markets industry
Industry Median: 2.22 vs STC:VIX: 5.99

VIX Securities JSC Cash-to-Debt Historical Data

The historical data trend for VIX Securities JSC'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.

* Premium members only.

VIX Securities JSC Cash-to-Debt Chart

VIX Securities JSC Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

4.02

4.27

1.97

No Debt

VIX Securities JSC Quarterly Data
	Dec18	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															No Debt	No Debt	No Debt	No Debt	5.99

Competitive Comparison of VIX Securities JSC's Cash-to-Debt

For the Capital Markets subindustry, VIX Securities JSC'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.

VIX Securities JSC's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, VIX Securities JSC's Cash-to-Debt distribution charts can be found below:

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

VIX Securities JSC 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.

VIX Securities JSC's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

VIX Securities JSC had no debt ⁽¹⁾.

VIX Securities JSC'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)
	=	5932412.371	/	(990000	+	0)
	=	5.99

VIX Securities JSC (STC:VIX) 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.

VIX Securities JSC Cash-to-Debt Related Terms

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

VIX Securities JSC (STC:VIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » VIX Securities JSC (STC:VIX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8th Floor, 52 Le Dai Hanh, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM

Website

https://www.ibx.vn

VIX Securities JSC, formerly IB Securities JSC provides securities brokerage services through multiple forms. The company also engages in securities trading, investment advice, custody and underwriting services.

VIX Securities JSC (STC:VIX) Headlines

No Headlines