VLCN (Volcon) Cash-to-Debt : 2.71 (As of Dec. 2024)

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What is Volcon 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. Volcon's cash to debt ratio for the quarter that ended in Dec. 2024 was 2.71.

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, Volcon could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

VLCN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 0.65 Max: 2.71
Current: 2.71

During the past 5 years, Volcon's highest Cash to Debt Ratio was 2.71. The lowest was 0.25. And the median was 0.65.

VLCN's Cash-to-Debt is ranked better than
76.53% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 0.55 vs VLCN: 2.71

Volcon Cash-to-Debt Historical Data

The historical data trend for Volcon'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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Volcon Cash-to-Debt Chart

Volcon Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

0.65

2.41

0.58

0.25

2.71

Volcon Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial														0.25	3.19	0.84	6.33	2.71

Competitive Comparison of Volcon's Cash-to-Debt

For the Auto Manufacturers subindustry, Volcon'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.

Volcon's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volcon's Cash-to-Debt distribution charts can be found below:

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

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Volcon 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.

Volcon's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	2.194	/	(0.451	+	0.36)
	=	2.71

Volcon's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	2.194	/	(0.451	+	0.36)
	=	2.71

Volcon (NAS:VLCN) 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.

Volcon Cash-to-Debt Related Terms

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

Volcon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volcon Inc (NAS:VLCN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3121 Eagles Nest Street, Suite 120, Round Rock, TX, USA, 78665

Website

https://www.volcon.com

Volcon Inc is an all-electric, off-road powersports vehicle company developing and building electric two and four-wheel motorcycles and utility terrain vehicles, also known as side-by-sides, along with a complete line of upgrades and accessories. The company's products include motorcycle and UTV products that are all-electric and designed for off-road use. The company has hundred and three dealers covering twenty eight states.

Executives

Melissa Coffey	officer: VP - Sales & Marketing	1702 PERSIMMON ROAD, CEDAR PARK TX 78613
Stephanie Michelle Davis	officer: Chief Operating Officer	504 OCONEE CIRCLE, EVANS GA 30809
Christian Okonsky	director, 10 percent owner, officer: Chief Technology Officer	C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Adrian James	director, 10 percent owner	3736 BEE CAVES RD, SUITE 1-105, AUSTIN TX 78746
Jonathan P. Foster	director	2450 SOUTH SHORE BLVD., SUITE 402, LEAGUE CITY TX 77573
Greg Endo	officer: Chief Financial Officer	C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Karin-joyce Tjon	director	C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Jordan Don Davis	officer: Chief Executive Officer	C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Kyoung John Kim	director	C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665