Vohringer Home Technology Co (SHSE:603226) Cash-to-Debt : 0.44 (As of Mar. 2024)

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What is Vohringer Home Technology 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. Vohringer Home Technology Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.44.

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, Vohringer Home Technology Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Vohringer Home Technology Co's Cash-to-Debt or its related term are showing as below:

SHSE:603226' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 3.8 Max: No Debt
Current: 0.44

During the past 12 years, Vohringer Home Technology Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.32. And the median was 3.80.

SHSE:603226's Cash-to-Debt is ranked worse than
67.07% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.99 vs SHSE:603226: 0.44

Vohringer Home Technology Co Cash-to-Debt Historical Data

The historical data trend for Vohringer Home Technology 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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Vohringer Home Technology Co Cash-to-Debt Chart

Vohringer Home Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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No Debt

10.96

No Debt

0.75

Vohringer Home Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															3.27	0.98	1.19	0.75	0.44

Competitive Comparison of Vohringer Home Technology Co's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Vohringer Home Technology 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.

Vohringer Home Technology Co's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vohringer Home Technology Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Vohringer Home Technology Co's Cash-to-Debt falls into.

Vohringer Home Technology 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.

Vohringer Home Technology Co'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)
	=	100.53	/	(2.502	+	132.009)
	=	0.75

Vohringer Home Technology Co's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	70.011	/	(7.505	+	152.819)
	=	0.44

Vohringer Home Technology Co (SHSE:603226) 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.

Vohringer Home Technology Co Cash-to-Debt Related Terms

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Vohringer Home Technology Co (SHSE:603226) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Vohringer Home Technology Co Ltd (SHSE:603226) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

7001 Linhai Road, Qingcun Township, Fengxian District, Shanghai, CHN, 201414

Website

http://www.vohringer.com

Vohringer Home Technology Co Ltd, formerly Shanghai Vohringer Wood Product Co Ltd is engaged in the development and sale of wood flooring and wood custom furniture for the whole house. The company's main products include laminate flooring, multi-layer parquet, three-layer solid wood flooring, pure wooden floors and custom homes throughout the house.

Executives

Liu Dun Yin	Directors, senior managers
Tao Yuan	senior management
Sun Zhen Wei	senior management
Li Cong	senior management
Ji Fu Tang	senior management
Li Yun	senior management

Vohringer Home Technology Co (SHSE:603226) Headlines

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