VNV Global AB (VNV Global AB) Cash-to-Debt : 0.42 (As of Mar. 2024)

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What is VNV Global AB 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. VNV Global AB's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.42.

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, VNV Global AB couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

VSTKF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.18 Med: 0.77 Max: No Debt
Current: 0.42

During the past 13 years, VNV Global AB's highest Cash to Debt Ratio was No Debt. The lowest was 0.18. And the median was 0.77.

VSTKF's Cash-to-Debt is ranked worse than
67.8% of 1475 companies
in the Asset Management industry
Industry Median: 5.5 vs VSTKF: 0.42

VNV Global AB Cash-to-Debt Historical Data

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

VNV Global AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.20

0.18

0.89

0.40

0.28

VNV Global AB 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															0.37	0.37	0.35	0.28	0.42

Competitive Comparison of VNV Global AB's Cash-to-Debt

For the Asset Management subindustry, VNV Global AB'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.

VNV Global AB's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, VNV Global AB's Cash-to-Debt distribution charts can be found below:

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

VNV Global AB Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

VNV Global AB's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	42.492	/	(0	+	152.118)
	=	0.28

VNV Global AB's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	45.856	/	(0	+	109.593)
	=	0.42

VNV Global AB (GREY:VSTKF) 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.

VNV Global AB Cash-to-Debt Related Terms

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VNV Global AB (VNV Global AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » VNV Global AB (GREY:VSTKF) » Definitions » Cash-to-Debt

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VNV:Sweden

Address

Master Samuelsgatan 1, 1st Floor, Stockholm, SWE, SE-111 44

Website

https://www.vnv.global

VNV Global is an investment company. It is focused on long-term investments in primarily unlisted companies in both developed and emerging markets. The company's business concept is to identify and invest in assets with potential for value appreciation with a special focus on businesses with strong network effects. The investment portfolio consists of holdings in the sectors of digital health, mobility, classifieds, and other.