Victory Mountain Ventures (FRA:NIM1) Cash-to-Debt : 0.04 (As of Sep. 2014)

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What is Victory Mountain Ventures 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. Victory Mountain Ventures's cash to debt ratio for the quarter that ended in Sep. 2014 was 0.04.

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, Victory Mountain Ventures couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2014.

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

FRA:NIM1' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: No Debt Max: No Debt
Current: 0.04

During the past 13 years, Victory Mountain Ventures's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was No Debt.

FRA:NIM1's Cash-to-Debt is not ranked
in the Metals & Mining industry.
Industry Median: 18.42 vs FRA:NIM1: 0.04

Victory Mountain Ventures Cash-to-Debt Historical Data

The historical data trend for Victory Mountain Ventures'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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Victory Mountain Ventures Cash-to-Debt Chart

Victory Mountain Ventures Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.22

0.02

Victory Mountain Ventures Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.02	-	-	0.04

Competitive Comparison of Victory Mountain Ventures's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Victory Mountain Ventures'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.

Victory Mountain Ventures's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Victory Mountain Ventures's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Victory Mountain Ventures's Cash-to-Debt falls into.

Victory Mountain Ventures 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.

Victory Mountain Ventures's Cash to Debt Ratio for the fiscal year that ended in Dec. 2013 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)
	=	0.004	/	(0.194	+	0)
	=	0.02

Victory Mountain Ventures's Cash to Debt Ratio for the quarter that ended in Sep. 2014 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)
	=	0.008	/	(0.187	+	0)
	=	0.04

Victory Mountain Ventures (FRA:NIM1) 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.

Victory Mountain Ventures Cash-to-Debt Related Terms

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

Victory Mountain Ventures (FRA:NIM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Victory Mountain Ventures Ltd (FRA:NIM1) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.victorymv.com

Victory Mountain Ventures Ltd was incorporated as North American Gem Inc. under the Business Corporations Act of Alberta, Canada. The Company is a mineral exploration company. It conducts acquisition, exploration and development of mineral properties.

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