Vietnam International Commercial Joint Stock Bank (STC:VIB) Cash-to-Debt : 1.04 (As of Sep. 2024)

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What is Vietnam International Commercial Joint Stock Bank 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 International Commercial Joint Stock Bank's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.04.

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, Vietnam International Commercial Joint Stock Bank could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Vietnam International Commercial Joint Stock Bank's Cash-to-Debt or its related term are showing as below:

STC:VIB' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.47 Med: 0.67 Max: 1.85
Current: 1.04

During the past 4 years, Vietnam International Commercial Joint Stock Bank's highest Cash to Debt Ratio was 1.85. The lowest was 0.47. And the median was 0.67.

STC:VIB's Cash-to-Debt is ranked worse than
57.01% of 1498 companies
in the Banks industry
Industry Median: 1.295 vs STC:VIB: 1.04

Vietnam International Commercial Joint Stock Bank Cash-to-Debt Historical Data

The historical data trend for Vietnam International Commercial Joint Stock Bank'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 International Commercial Joint Stock Bank Cash-to-Debt Chart

Vietnam International Commercial Joint Stock Bank Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.65

0.56

0.68

1.39

Vietnam International Commercial Joint Stock Bank Quarterly Data
	Mar20	Jun20	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														1.41	1.39	1.26	1.85	1.04

Competitive Comparison of Vietnam International Commercial Joint Stock Bank's Cash-to-Debt

For the Banks - Regional subindustry, Vietnam International Commercial Joint Stock Bank'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 International Commercial Joint Stock Bank's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Vietnam International Commercial Joint Stock Bank's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Vietnam International Commercial Joint Stock Bank's Cash-to-Debt falls into.

Vietnam International Commercial Joint Stock Bank Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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 International Commercial Joint Stock Bank's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	66280997	/	(0	+	47788016)
	=	1.39

Vietnam International Commercial Joint Stock Bank's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	45982187	/	(0	+	44140170)
	=	1.04

Vietnam International Commercial Joint Stock Bank (STC:VIB) 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 International Commercial Joint Stock Bank Cash-to-Debt Related Terms

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Vietnam International Commercial Joint Stock Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Vietnam International Commercial Joint Stock Bank (STC:VIB) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 111A Pasteur Street, 1st floor (ground floor) and 2nd floor - Sailing Tower Building, Ben Nghe Ward, District 1, Ho Chi Minh, VNM

Website

http://www.vib.com.vn

Vietnam International Commercial Joint Stock Bank is a joint stock commercial banks in Vietnam. The company's services includes credits, payment card, savings, car loans, home loans, consumer loans, insurance, digital banking, payment accounts, among others.

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