Versalink Holdings (SGX:40N) Cash-to-Debt : 2.57 (As of Feb. 2024)

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What is Versalink Holdings 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. Versalink Holdings's cash to debt ratio for the quarter that ended in Feb. 2024 was 2.57.

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, Versalink Holdings could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

SGX:40N' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.91 Med: 3.2 Max: 56.22
Current: 2.57

During the past 11 years, Versalink Holdings's highest Cash to Debt Ratio was 56.22. The lowest was 1.91. And the median was 3.20.

SGX:40N's Cash-to-Debt is ranked better than
62.97% of 3006 companies
in the Industrial Products industry
Industry Median: 1.23 vs SGX:40N: 2.57

Versalink Holdings Cash-to-Debt Historical Data

The historical data trend for Versalink Holdings'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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Versalink Holdings Cash-to-Debt Chart

Versalink Holdings Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

Get a 7-Day Free Trial

3.22

1.91

2.30

3.10

2.57

Versalink Holdings Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															2.30	4.98	3.10	2.41	2.57

Competitive Comparison of Versalink Holdings's Cash-to-Debt

For the Business Equipment & Supplies subindustry, Versalink Holdings'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.

Versalink Holdings's Cash-to-Debt Distribution in the Industrial Products Industry

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

* The bar in red indicates where Versalink Holdings's Cash-to-Debt falls into.

Versalink Holdings 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.

Versalink Holdings's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	3.652	/	(0.852	+	0.571)
	=	2.57

Versalink Holdings's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	3.652	/	(0.852	+	0.571)
	=	2.57

Versalink Holdings (SGX:40N) 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.

Versalink Holdings Cash-to-Debt Related Terms

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

Versalink Holdings (SGX:40N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Versalink Holdings Ltd (SGX:40N) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 6119, Jalan Haji Salleh, Batu 5 1/2, Off Jalan Meru, Klang, SGR, MYS, 41050

Website

https://www.versalink.com

Versalink Holdings Ltd is principally engaged in the design, manufacture, and supply of a wide range of system furniture. The company also focuses on ancillary products such as seating models and work tools. It also provides workspace planning and consulting services to customers. The company operates in two business segments that include Domestic Sales and Export Sales. The export sales generate maximum revenue for the company. Geographically, the company operates in Malaysia, the Middle East, North America, Asia, Singapore, and others.

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