VDM Group (ASX:VMG) Cash-to-Debt: 0.18 (As of Jun. 2024)

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What is VDM Group Cash-to-Debt?

VDM Group ASX:VMG Cash-to-Debt is 0.18 as of Jun. 2024.

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. VDM Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.18.

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, VDM Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

ASX:VMG's Cash-to-Debt is not ranked *
in the Construction industry.
Industry Median: 0.69
* Ranked among companies with meaningful Cash-to-Debt only.

VDM Group  (ASX:VMG) 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.

VDM Group Cash-to-Debt Related Terms

VDM Group Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for VDM Group'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.

VDM Group Cash-to-Debt Chart

VDM Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.16 0.10 0.12 0.18

VDM Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.13 0.12 0.10 0.18

ASX:VMG vs PWR, J, ACM: Cash-to-Debt Comparison

For the Engineering & Construction subindustry, VDM Group'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.

VDM Group Cash-to-Debt vs Construction Industry

For the Construction industry and Industrials sector, VDM Group's Cash-to-Debt distribution charts can be found below:

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


VDM Group 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.

VDM Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
=2.229 / (12.511 + 0)
=0.18

VDM Group's Cash to Debt Ratio for the quarter that ended in Jun. 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)
=2.229 / (12.511 + 0)
=0.18

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 0.18 mean?
VDM Group (ASX:VMG) has a Cash-to-Debt of 0.18 as of Jun. 2024.
Is VDM Group's Cash-to-Debt too high?
VDM Group's current Cash-to-Debt is 0.18. The Construction industry median Cash-to-Debt is 0.69. VDM Group's value of 0.18 is 73.9% below this industry median.
How does VDM Group's Cash-to-Debt compare to PWR and J?
VDM Group's Cash-to-Debt of 0.18 can be compared against companies in the Construction industry. The industry median Cash-to-Debt is 0.69. VDM Group's value of 0.18 is 73.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Construction company?
The median Cash-to-Debt among Construction companies is 0.69, based on 1,775 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VDM Group's current Cash-to-Debt of 0.18 is 73.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median Cash-to-Debt is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VDM Group's current Cash-to-Debt is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VDM Group stock overvalued right now?
VDM Group (ASX:VMG) has a current Cash-to-Debt of 0.18. The current Cash-to-Debt is 0.18 and 73.9% below the Construction industry median of 0.69. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For VDM Group (ASX:VMG), the current Cash-to-Debt is 0.18 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

VDM Group Business Description

Address 420 Bagot Road, Unit 2, Subiaco, Subiaco, WA, AUS, 6008
VDM Group Ltd is an engineering and construction company. The company is an operationally diverse company arranged under two operating divisions: i) construction and ii) mining and exploration. Its activities involve exploration of the Cachoeiras do Binga copper project located in the Republic of Angola (Cachoeiras do Binga); exploration of the Cage Bengo Project located in the Republic of Angola (Cage Bengo); and review of new project opportunities.