CVS Group (LSE:CVSG) Cash-to-Debt

: 0.12 (As of Dec. 2023)

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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. CVS Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.12.

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, CVS Group 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 CVS Group's Cash-to-Debt or its related term are showing as below:

LSE:CVSG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.11 Max: 0.26
Current: 0.12

During the past 13 years, CVS Group's highest Cash to Debt Ratio was 0.26. The lowest was 0.06. And the median was 0.11.

LSE:CVSG's Cash-to-Debt is ranked worse than
81.55% of 103 companies
in the Personal Services industry
Industry Median: 0.56 vs LSE:CVSG: 0.12

CVS Group Cash-to-Debt Historical Data

The historical data trend for CVS Group'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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CVS Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.11

0.12

0.18

0.26

0.11

CVS Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.26	0.15	0.11	0.12

Competitive Comparison

For the Personal Services subindustry, CVS Group'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.

CVS Group Cash-to-Debt Distribution

For the Personal Services industry and Consumer Cyclical sector, CVS Group's Cash-to-Debt distribution charts can be found below:

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

CVS Group 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.

CVS Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	21.5	/	(13.3	+	185.8)
	=	0.11

CVS Group'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)
	=	32.3	/	(14	+	254.3)
	=	0.12

CVS Group (LSE:CVSG) 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.

CVS Group Cash-to-Debt Related Terms

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CVS Group (LSE:CVSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » CVS Group PLC (LSE:CVSG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CVSG.GB:UK 4C9:Germany

Address

Owen Road, CVS House, Diss, Norfolk, GBR, IP22 4ER

Website

https://www.cvsukltd.co.uk

CVS Group PLC is a veterinary service provider in the United Kingdom. The group operates through four business divisions; Veterinary Practices, Laboratories, Crematoria, and Online Retail Business. The veterinary practice segment generates majority of the revenues. The company facilitates its veterinary services through its diagnostics, laboratory reports, along pet cremation services. It also offers retail pharmacy through Animed Direct. Geographically, it generates the majority of the revenue from the United Kingdom and also operates in the Netherlands and Ireland.

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