Verney-Carron (XPAR:MLVER) Cash-to-Debt : 0.02 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Verney-Carron 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. Verney-Carron's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Verney-Carron couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XPAR:MLVER' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.36
Current: 0.02

During the past 5 years, Verney-Carron's highest Cash to Debt Ratio was 0.36. The lowest was 0.01. And the median was 0.02.

XPAR:MLVER's Cash-to-Debt is ranked worse than
95.77% of 307 companies
in the Aerospace & Defense industry
Industry Median: 0.58 vs XPAR:MLVER: 0.02

Verney-Carron Cash-to-Debt Historical Data

The historical data trend for Verney-Carron'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.

Verney-Carron Cash-to-Debt Chart

Verney-Carron Annual Data

Trend

Dec17

Dec18

Dec19

Feb22

Dec23

Cash-to-Debt

0.36

0.01

0.12

0.02

Verney-Carron Semi-Annual Data
	Dec17	Dec18	Dec19	Feb22	Dec23
Cash-to-Debt	0.36	0.01	0.01	0.12	0.02

Competitive Comparison of Verney-Carron's Cash-to-Debt

For the Aerospace & Defense subindustry, Verney-Carron'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.

Verney-Carron's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Verney-Carron's Cash-to-Debt distribution charts can be found below:

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

Verney-Carron 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.

Verney-Carron'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)
	=	0.171	/	(0.009	+	10.956)
	=	0.02

Verney-Carron'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)
	=	0.171	/	(0.009	+	10.956)
	=	0.02

Verney-Carron (XPAR:MLVER) 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.

Verney-Carron Cash-to-Debt Related Terms

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

Verney-Carron Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Verney-Carron SA (XPAR:MLVER) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

54 boulevard Thiers, Saint-Etienne, FRA, 42002

Website

http://www.verney-carron.com

Verney-Carron SA manufactures hunting weapons. The company sells shotguns, rifles, custom made luxury hunting weapons, among others.

Verney-Carron Headlines

No Headlines