VRHI (Veri Medtech Holdings) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2021)

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What is Veri Medtech Holdings 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. Veri Medtech Holdings's cash to debt ratio for the quarter that ended in Dec. 2021 was No Debt ⁽¹⁾.

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, Veri Medtech Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

(1) 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.

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

VRHI's Cash-to-Debt is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 0.77
* Ranked among companies with meaningful Cash-to-Debt only.

Veri Medtech Holdings Cash-to-Debt Historical Data

The historical data trend for Veri Medtech Holdings'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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Veri Medtech Holdings Cash-to-Debt Chart

Veri Medtech Holdings Annual Data

Trend

Dec21

Cash-to-Debt

No Debt

Veri Medtech Holdings Semi-Annual Data
	Dec21
Cash-to-Debt	No Debt

Competitive Comparison of Veri Medtech Holdings's Cash-to-Debt

For the Health Information Services subindustry, Veri Medtech Holdings'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.

Veri Medtech Holdings's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Veri Medtech Holdings's Cash-to-Debt distribution charts can be found below:

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

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Veri Medtech Holdings 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.

Veri Medtech Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Veri Medtech Holdings had no debt ⁽¹⁾.

Veri Medtech Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2021 is calculated as:

Veri Medtech Holdings had no debt ⁽¹⁾.

Veri Medtech Holdings (OTCPK:VRHI) 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.

Veri Medtech Holdings Cash-to-Debt Related Terms

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Veri Medtech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veri Medtech Holdings Inc (OTCPK:VRHI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1660 International Dr, Suite 600, McClean, VA, USA, 22101

Website

https://www.verimedtech.com

Veri Medtech Holdings Inc is a healthcare technology company that offers alternative medicine, personalized diagnostics, and wellness medication on demand. The company leverages telehealth infrastructure, diagnostic intelligence, and scalable digital systems to meet the growing demand for accessible, stigma-free healthcare. Strategically positioned for growth, Veri MedTech actively explores acquisitions that complement its core capabilities and enhance patient engagement across emerging sectors of alternative medicine, longevity, and wellness science. With a integration and operational efficiency track record, the company drives accelerated revenue through the continuous generation of high-value patient databases and recurring service models.