VVC Exploration (TSXV:VVC) Cash-to-Debt : 2.32 (As of Oct. 2023)

View and export this data going back to 2000. Start your Free Trial

What is VVC Exploration 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. VVC Exploration's cash to debt ratio for the quarter that ended in Oct. 2023 was 2.32.

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, VVC Exploration could pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

TSXV:VVC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.42 Max: No Debt
Current: 2.32

During the past 13 years, VVC Exploration's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.42.

TSXV:VVC's Cash-to-Debt is ranked better than
69.13% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.49 vs TSXV:VVC: 2.32

VVC Exploration Cash-to-Debt Historical Data

The historical data trend for VVC Exploration'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.

VVC Exploration Cash-to-Debt Chart

VVC Exploration Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Cash-to-Debt

Get a 7-Day Free Trial

0.16

0.26

9.39

21.87

0.02

VVC Exploration Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															0.37	0.02	0.03	3.15	2.32

Competitive Comparison of VVC Exploration's Cash-to-Debt

For the Oil & Gas E&P subindustry, VVC Exploration'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.

VVC Exploration's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, VVC Exploration's Cash-to-Debt distribution charts can be found below:

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

VVC Exploration 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.

VVC Exploration's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	0.05	/	(2.064	+	0)
	=	0.02

VVC Exploration's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	5.004	/	(2.154	+	0)
	=	2.32

VVC Exploration (TSXV:VVC) 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.

VVC Exploration Cash-to-Debt Related Terms

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

VVC Exploration (TSXV:VVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » VVC Exploration Corp (TSXV:VVC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

VVCVF:USA

Address

2369 Kingston Road, P.O. Box 28059, Terry Town, Scarborough, ON, CAN, M1N 4E7

Website

https://www.vvcexpl.com

VVC Exploration Corp is engaged in the exploration and development of precious and base metals mineral properties. Its portfolio includes the Gloria Copper Project in Northern Mexico, precious metals properties also in Mexico, and the Helium / Natural Gas Projects owned by its wholly-owned subsidiary, PHC. VVC is currently focused on the Helium Projects owned by PHC and will resume the development of the Gloria Copper Project. The company's mineral resource properties are located in Mexico and Canada.