Ovostar Union PCL (WAR:OVO) Cash-to-Debt : 4,486.17 (As of Mar. 2024)

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What is Ovostar Union PCL 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. Ovostar Union PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 4,486.17.

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, Ovostar Union PCL could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

WAR:OVO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.62 Max: 4538.19
Current: 4538.19

During the past 13 years, Ovostar Union PCL's highest Cash to Debt Ratio was 4538.19. The lowest was 0.06. And the median was 0.62.

WAR:OVO's Cash-to-Debt is ranked better than
94.88% of 1874 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs WAR:OVO: 4538.19

Ovostar Union PCL Cash-to-Debt Historical Data

The historical data trend for Ovostar Union PCL'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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Ovostar Union PCL Cash-to-Debt Chart

Ovostar Union PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.40

0.15

0.19

1.12

30.61

Ovostar Union PCL 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															3.70	20.45	23.81	30.61	4,486.17

Competitive Comparison of Ovostar Union PCL's Cash-to-Debt

For the Farm Products subindustry, Ovostar Union PCL'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.

Ovostar Union PCL's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ovostar Union PCL's Cash-to-Debt distribution charts can be found below:

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

Ovostar Union PCL 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.

Ovostar Union PCL'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)
	=	293.259	/	(9.582	+	0)
	=	30.61

Ovostar Union PCL'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)
	=	291.601	/	(0.065	+	0)
	=	4,486.17

Ovostar Union PCL (WAR:OVO) 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.

Ovostar Union PCL Cash-to-Debt Related Terms

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

Ovostar Union PCL (WAR:OVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ovostar Union PCL (WAR:OVO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Ierotheou Street, 4th floor, Strovolos, Nicosia, CYP, 2028

Website

https://www.ovostar.ua

Ovostar Union PCL is a vertically integrated public holding company, manufacturer, and exporters of chicken eggs and egg products. ?It offers a range of packed shell eggs under the Yasenvit brand name and egg products under the Ovostar brand name. It includes egg albumen, egg powder, egg white, and egg yolk, among others, and is sold to companies, such as Nestle, Kraft Foods, and McDonald's, among others. Its segments are Egg, Oilseed operations and Egg Products.

Ovostar Union PCL (WAR:OVO) Headlines

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