BOE Varitronix (STU:VTX) Cash-to-Debt : 5.48 (As of Dec. 2023)

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What is BOE Varitronix 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. BOE Varitronix's cash to debt ratio for the quarter that ended in Dec. 2023 was 5.48.

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, BOE Varitronix could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

STU:VTX' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.29 Med: 92.52 Max: No Debt
Current: 5.48

During the past 13 years, BOE Varitronix's highest Cash to Debt Ratio was No Debt. The lowest was 3.29. And the median was 92.52.

STU:VTX's Cash-to-Debt is ranked better than
71.44% of 2374 companies
in the Hardware industry
Industry Median: 1.34 vs STU:VTX: 5.48

BOE Varitronix Cash-to-Debt Historical Data

The historical data trend for BOE Varitronix'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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BOE Varitronix Cash-to-Debt Chart

BOE Varitronix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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156.85

84.34

100.73

4.24

5.48

BOE Varitronix Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															100.73	35.87	4.24	2.93	5.48

Competitive Comparison of BOE Varitronix's Cash-to-Debt

For the Electronic Components subindustry, BOE Varitronix'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.

BOE Varitronix's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BOE Varitronix's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where BOE Varitronix's Cash-to-Debt falls into.

BOE Varitronix 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.

BOE Varitronix'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)
	=	412.856	/	(28.72	+	46.662)
	=	5.48

BOE Varitronix'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)
	=	412.856	/	(28.72	+	46.662)
	=	5.48

BOE Varitronix (STU:VTX) 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.

BOE Varitronix Cash-to-Debt Related Terms

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

BOE Varitronix (STU:VTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BOE Varitronix Ltd (STU:VTX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

00710:Hong Kong VTX:Germany

Address

Number 7 Shing Yip Street, Units A - F, 35th Floor, Legend Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.boevx.com

BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the Manufacture and Sale of Liquid Crystal Displays and Related Products. The company's geographical segments include the PRC, Europe, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.

BOE Varitronix (STU:VTX) Headlines

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