Value Convergence Holdings (Value Convergence Holdings) Cash-to-Debt : 6.02 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Value Convergence 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. Value Convergence Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.02.

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, Value Convergence Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

VCHLF' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.72 Med: 10.37 Max: 14.11
Current: 6.02

During the past 13 years, Value Convergence Holdings's highest Cash to Debt Ratio was 14.11. The lowest was 5.72. And the median was 10.37.

VCHLF's Cash-to-Debt is ranked better than
60.53% of 793 companies
in the Capital Markets industry
Industry Median: 2.22 vs VCHLF: 6.02

Value Convergence Holdings Cash-to-Debt Historical Data

The historical data trend for Value Convergence 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.

* Premium members only.

Value Convergence Holdings Cash-to-Debt Chart

Value Convergence Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

12.90

10.89

13.70

9.85

6.02

Value Convergence Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															13.70	15.18	9.85	6.77	6.02

Competitive Comparison of Value Convergence Holdings's Cash-to-Debt

For the Capital Markets subindustry, Value Convergence 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.

Value Convergence Holdings's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Value Convergence Holdings's Cash-to-Debt distribution charts can be found below:

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

Value Convergence 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.

Value Convergence Holdings'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)
	=	22.133	/	(3.56	+	0.115)
	=	6.02

Value Convergence Holdings's Cash to Debt Ratio for the quarter 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)
	=	22.133	/	(3.56	+	0.115)
	=	6.02

Value Convergence Holdings (OTCPK:VCHLF) 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.

Value Convergence Holdings Cash-to-Debt Related Terms

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

Value Convergence Holdings (Value Convergence Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Value Convergence Holdings Ltd (OTCPK:VCHLF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

00821:Hong Kong

Address

181-185 Gloucester Road, 6th Floor, Centre Point, Wanchai, Hong Kong, HKG

Website

https://www.vcgroup.com.hk

Value Convergence Holdings Ltd is a financial services group delivering financial services and products that fulfill various investment and wealth management needs of clients in the Greater China region. The company's operating segments include Brokerage and Financing; Corporate Finance and other Advisory services; Asset Management; Insurance Brokerage; Proprietary Trading; and Digital asset. The majority of its revenue derives from the Brokerage and Financing segment that engages in securities, futures, and options brokering and dealing, provision of margin financing and money lending, and placing and underwriting services.

Value Convergence Holdings (Value Convergence Holdings) Headlines

No Headlines