Viva Wine Group AB (OSTO:VIVA) Cash-to-Debt : 0.02 (As of Sep. 2024)

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What is Viva Wine Group AB 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. Viva Wine Group AB's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.02.

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, Viva Wine Group AB couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

OSTO:VIVA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.22 Max: 0.48
Current: 0.02

During the past 7 years, Viva Wine Group AB's highest Cash to Debt Ratio was 0.48. The lowest was 0.02. And the median was 0.22.

OSTO:VIVA's Cash-to-Debt is ranked worse than
90.29% of 206 companies
in the Beverages - Alcoholic industry
Industry Median: 0.405 vs OSTO:VIVA: 0.02

Viva Wine Group AB Cash-to-Debt Historical Data

The historical data trend for Viva Wine Group AB'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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Viva Wine Group AB Cash-to-Debt Chart

Viva Wine Group AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.35

0.24

0.38

0.41

0.15

Viva Wine Group AB Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial														0.07	0.15	0.20	0.02	0.02

Competitive Comparison of Viva Wine Group AB's Cash-to-Debt

For the Beverages - Wineries & Distilleries subindustry, Viva Wine Group AB'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.

Viva Wine Group AB's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Viva Wine Group AB's Cash-to-Debt distribution charts can be found below:

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

Viva Wine Group AB 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.

Viva Wine Group AB's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	94	/	(79	+	538)
	=	0.15

Viva Wine Group AB's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	14	/	(150	+	489)
	=	0.02

Viva Wine Group AB (OSTO:VIVA) 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.

Viva Wine Group AB Cash-to-Debt Related Terms

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Viva Wine Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Viva Wine Group AB (OSTO:VIVA) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Blasieholmsgatan 4A, Stockholm, SWE, 111 48

Website

https://www.vivagroup.se

Viva Wine Group AB is a Swedish wine company that trades in alcoholic beverages and sells both wholly owned and partner brands in various markets. Its business is divided into three segments which are Nordics, eCom, and Other. The Nordics segment is the largest and includes customers like state retail monopolies Systembolaget, Alko, and Vinmonopolet, as well as wholesalers, hotels, and restaurants. The eCom segment focuses on consumer e-commerce sales in Europe, while the Other segment includes the company's pilot sales to B2B customers in the United States. The company's geographical segments include Sweden, Finland, Germany, Norway, and other countries.

Viva Wine Group AB Headlines

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