Victorias Milling Co (PHS:VMC) Cash-to-Debt : No Debt ⁽¹⁾ (As of May. 2024)

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What is Victorias Milling Co 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. Victorias Milling Co's cash to debt ratio for the quarter that ended in May. 2024 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, Victorias Milling Co could pay off its debt using the cash in hand for the quarter that ended in May. 2024.

(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 Victorias Milling Co's Cash-to-Debt or its related term are showing as below:

PHS:VMC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Victorias Milling Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.27. And the median was No Debt.

PHS:VMC's Cash-to-Debt is ranked better than
99.89% of 1874 companies
in the Consumer Packaged Goods industry
Industry Median: 0.505 vs PHS:VMC: No Debt

Victorias Milling Co Cash-to-Debt Historical Data

The historical data trend for Victorias Milling Co'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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Victorias Milling Co Cash-to-Debt Chart

Victorias Milling Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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1.55

No Debt

Victorias Milling Co Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Victorias Milling Co's Cash-to-Debt

For the Confectioners subindustry, Victorias Milling Co'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.

Victorias Milling Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Victorias Milling Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Victorias Milling Co's Cash-to-Debt falls into.

Victorias Milling Co 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.

Victorias Milling Co's Cash to Debt Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Victorias Milling Co had no debt ⁽¹⁾.

Victorias Milling Co's Cash to Debt Ratio for the quarter that ended in May. 2024 is calculated as:

Victorias Milling Co had no debt ⁽¹⁾.

Victorias Milling Co (PHS:VMC) 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.

Victorias Milling Co Cash-to-Debt Related Terms

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Victorias Milling Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Victorias Milling Co Inc (PHS:VMC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

J.J. Ossorio Street, VMC Compound, Barangay XVI, Victorias, NEC, PHL, 6119

Website

https://www.victoriasmilling.com

Victorias Milling Co Inc is a Philippines-based company engaged in sugar manufacturing. The company also focuses on producing and selling canned sardines, hot Bangus, mackerel, luncheon meat, and other meat products. It is also involved in developing and selling real estate properties, operating golf clubs, and other activities. The company operates in business segments that are Sugar Milling, Distillery Operations, Power Generation and others. The Sugar Milling segment generates maximum revenue for the company.