VEF Radiotehnika RRR (ORSE:RRR1R) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2020)

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What is VEF Radiotehnika RRR 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. VEF Radiotehnika RRR's cash to debt ratio for the quarter that ended in Sep. 2020 was No Debt ⁽¹⁾.

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, VEF Radiotehnika RRR could pay off its debt using the cash in hand for the quarter that ended in Sep. 2020.

(1) 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.

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

ORSE:RRR1R's Cash-to-Debt is not ranked ^*
in the Hardware industry.
Industry Median: 1.34
* Ranked among companies with meaningful Cash-to-Debt only.

VEF Radiotehnika RRR Cash-to-Debt Historical Data

The historical data trend for VEF Radiotehnika RRR'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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VEF Radiotehnika RRR Cash-to-Debt Chart

VEF Radiotehnika RRR Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash-to-Debt

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0.01

0.83

0.01

VEF Radiotehnika RRR Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Cash-to-Debt	Get a 7-Day Free Trial															-	0.01	0.02	N/A	No Debt

Competitive Comparison of VEF Radiotehnika RRR's Cash-to-Debt

For the Consumer Electronics subindustry, VEF Radiotehnika RRR'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.

VEF Radiotehnika RRR's Cash-to-Debt Distribution in the Hardware Industry

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

* The bar in red indicates where VEF Radiotehnika RRR's Cash-to-Debt falls into.

VEF Radiotehnika RRR 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.

VEF Radiotehnika RRR's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 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)
	=	0.001	/	(0	+	0.085)
	=	0.01

VEF Radiotehnika RRR's Cash to Debt Ratio for the quarter that ended in Sep. 2020 is calculated as:

VEF Radiotehnika RRR had no debt ⁽¹⁾.

VEF Radiotehnika RRR (ORSE:RRR1R) 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.

VEF Radiotehnika RRR Cash-to-Debt Related Terms

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

VEF Radiotehnika RRR (ORSE:RRR1R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VEF Radiotehnika RRR (ORSE:RRR1R) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Kurzemes prospekts 3, Riga, LVA, LV-1067

Website

http://www.rrr.lv

VEF Radiotehnika RRR is a Latvia based company engaged in the activity of purchase and sales of acoustic systems and their enclosures. It is also involved in the real estate renting services activity. The company primarily manufactures loudspeaker cabinets for companies in Italy, Germany and Czech Republic. Its products include Active Subwoofer, Center Channel, Floorstanding, Rigonda S Home Theater.

VEF Radiotehnika RRR (ORSE:RRR1R) Headlines

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VEF Radiotehnika RRR (ORSE:RRR1R) Cash-to-Debt : No Debt (1) (As of Sep. 2020)