Vinacomin Machinery JSC (HSTC:CTT) Cash-to-Debt : 0.04 (As of Jun. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Vinacomin Machinery 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. Vinacomin Machinery JSC's cash to debt ratio for the quarter that ended in Jun. 2024 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, Vinacomin Machinery JSC 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 Vinacomin Machinery JSC's Cash-to-Debt or its related term are showing as below:

HSTC:CTT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.04
Current: 0.04

During the past 4 years, Vinacomin Machinery JSC's highest Cash to Debt Ratio was 0.04. The lowest was 0.00. And the median was 0.01.

HSTC:CTT's Cash-to-Debt is ranked worse than
95.99% of 2994 companies
in the Industrial Products industry
Industry Median: 1.18 vs HSTC:CTT: 0.04

Vinacomin Machinery JSC Cash-to-Debt Historical Data

The historical data trend for Vinacomin Machinery 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.

Vinacomin Machinery JSC Cash-to-Debt Chart

Vinacomin Machinery JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

0.01

0.02

0.01

Vinacomin Machinery JSC Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.03	0.02	0.02	0.04

Competitive Comparison of Vinacomin Machinery JSC's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Vinacomin Machinery 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.

Vinacomin Machinery JSC's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vinacomin Machinery JSC's Cash-to-Debt distribution charts can be found below:

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

Vinacomin Machinery 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.

Vinacomin Machinery JSC's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	1600.9	/	(171543.914	+	20569.061)
	=	0.01

Vinacomin Machinery JSC'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)
	=	4572.122	/	(103616.422	+	19103.063)
	=	0.04

Vinacomin Machinery JSC (HSTC:CTT) 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.

Vinacomin Machinery JSC Cash-to-Debt Related Terms

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

Vinacomin Machinery JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vinacomin Machinery JSC (HSTC:CTT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 486, Tran Phu Street, Quang Ninh Province, Cam Thuy Ward, Cam Pha City, VNM

Website

http://www.chetaomay.com.vn

Vinacomin Machinery JSC is a Vietnam based machinery manufacturing company. It provides power protector, cutting machine, drilling machine, hydraulic.