VCIG (VCI Global) Cash-to-Debt : 3.29 (As of Jun. 2024)

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What is VCI Global 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. VCI Global's cash to debt ratio for the quarter that ended in Jun. 2024 was 3.29.

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, VCI Global could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

VCIG' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.47 Med: 2.58 Max: No Debt
Current: 3.29

During the past 4 years, VCI Global's highest Cash to Debt Ratio was No Debt. The lowest was 1.47. And the median was 2.58.

VCIG's Cash-to-Debt is ranked better than
65.78% of 1049 companies
in the Business Services industry
Industry Median: 1.07 vs VCIG: 3.29

VCI Global Cash-to-Debt Historical Data

The historical data trend for VCI Global'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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VCI Global Cash-to-Debt Chart

VCI Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

2.58

2.17

2.13

VCI Global Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			1.47	2.17	9.71	2.13	3.29

Competitive Comparison of VCI Global's Cash-to-Debt

For the Consulting Services subindustry, VCI Global'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.

VCI Global's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, VCI Global's Cash-to-Debt distribution charts can be found below:

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

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VCI Global 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.

VCI Global'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)
	=	0.995	/	(0.298	+	0.17)
	=	2.13

VCI Global's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	1.247	/	(0.286	+	0.093)
	=	3.29

VCI Global (NAS:VCIG) 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.

VCI Global Cash-to-Debt Related Terms

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VCI Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » VCI Global Ltd (NAS:VCIG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Jalan Bangsar 59200, B03-C-8 Menara 3A, KL Eco City, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.v-capital.co

VCI Global Ltd is a holding company. The principal activities of the Company and its subsidiaries are the provision of business Strategy consultancy and technology development solution consultancy. The firm organized its consulting services into three main segments: Business Strategy Consultancy; Technology Consultancy; and Others. It derives the majority of its revenue from the Business Strategy Consultancy segment which focuses on listing solutions, investor relations, and boardroom strategies consultancy. It has established a diverse local and international clientele, providing them with its services in both local and cross-border listings. Its role begins with pre-listing diagnosis and planning to the finalization of the entire listing process.