Van Elle Holdings (LSE:VANL) Cash-to-Debt : 1.27 (As of Oct. 2023)

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What is Van Elle 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. Van Elle Holdings's cash to debt ratio for the quarter that ended in Oct. 2023 was 1.27.

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, Van Elle Holdings could pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

LSE:VANL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.74 Max: 1.27
Current: 1.27

During the past 11 years, Van Elle Holdings's highest Cash to Debt Ratio was 1.27. The lowest was 0.19. And the median was 0.74.

LSE:VANL's Cash-to-Debt is ranked better than
63.06% of 1665 companies
in the Construction industry
Industry Median: 0.63 vs LSE:VANL: 1.27

Van Elle Holdings Cash-to-Debt Historical Data

The historical data trend for Van Elle 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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Van Elle Holdings Cash-to-Debt Chart

Van Elle Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

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0.65

1.08

0.83

1.02

1.04

Van Elle Holdings Semi-Annual Data
	Apr14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial														0.76	1.02	0.77	1.04	1.27

Competitive Comparison of Van Elle Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Van Elle 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.

Van Elle Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Van Elle Holdings's Cash-to-Debt distribution charts can be found below:

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

Van Elle 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.

Van Elle Holdings's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	8.885	/	(2.339	+	6.179)
	=	1.04

Van Elle Holdings's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	9.047	/	(2.476	+	4.654)
	=	1.27

Van Elle Holdings (LSE:VANL) 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.

Van Elle Holdings Cash-to-Debt Related Terms

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Van Elle Holdings (LSE:VANL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Van Elle Holdings PLC (LSE:VANL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Southwell Lane Industrial Estate, Summit Close, Kirkby-in-Ashfield, Nottinghamshire, GBR, NG17 8GJ

Website

https://www.van-elle.co.uk

Van Elle Holdings PLC is a geotechnical contractor. The company is engaged in providing ground engineering techniques and services. The operating segments of the company are General Piling, Specialist Piling, and Ground Engineering Services. Other services provided by the company are Rail Sheet Piling, Screw Piles, Specialist Piling, Rotary Bored Piling Foundation Testing, Driven Piling, and others. The firm generates a majority of its revenue from the General Piling Segment.

Van Elle Holdings (LSE:VANL) Headlines

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