Vietnam Electric Cable (STC:CAV) Cash-to-Debt : 0.15 (As of Mar. 2024)

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What is Vietnam Electric Cable 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. Vietnam Electric Cable's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.15.

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, Vietnam Electric Cable 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 Vietnam Electric Cable's Cash-to-Debt or its related term are showing as below:

STC:CAV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.17 Max: 0.81
Current: 0.15

During the past 13 years, Vietnam Electric Cable's highest Cash to Debt Ratio was 0.81. The lowest was 0.01. And the median was 0.17.

STC:CAV's Cash-to-Debt is ranked worse than
88.24% of 2926 companies
in the Industrial Products industry
Industry Median: 1.22 vs STC:CAV: 0.15

Vietnam Electric Cable Cash-to-Debt Historical Data

The historical data trend for Vietnam Electric Cable'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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Vietnam Electric Cable Cash-to-Debt Chart

Vietnam Electric Cable Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.14

0.06

0.02

0.04

0.07

Vietnam Electric Cable 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															0.08	0.07	0.05	0.07	0.15

Competitive Comparison of Vietnam Electric Cable's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Vietnam Electric Cable'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.

Vietnam Electric Cable's Cash-to-Debt Distribution in the Industrial Products Industry

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

* The bar in red indicates where Vietnam Electric Cable's Cash-to-Debt falls into.

Vietnam Electric Cable 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.

Vietnam Electric Cable'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)
	=	111183.71	/	(1503105.554	+	172144.959)
	=	0.07

Vietnam Electric Cable'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)
	=	307937.499	/	(1942454.912	+	155698.779)
	=	0.15

Vietnam Electric Cable (STC:CAV) 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.

Vietnam Electric Cable Cash-to-Debt Related Terms

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

Vietnam Electric Cable (STC:CAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vietnam Electric Cable Corp (STC:CAV) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

70-72 Nam Ky Khoi Nghia Street, District 1, Ho Chi Minh City, VNM

Website

http://www.cadivi-vn.com

Vietnam Electric Cable Corp is a Vietnam based company engaged in the manufacturing of electric wires and cables. The company's products include building wires, low voltage power cables, medium voltage cables, control cables, bare conductors, service entrance cables, multiplex cables, coaxial cables, automotive cables, hybrid cables and others.

Vietnam Electric Cable (STC:CAV) Headlines

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