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. Vantage Energy Acquisition's cash to debt ratio for the quarter that ended in Dec. 2018 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, Vantage Energy Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2018.
The historical rank and industry rank for Vantage Energy Acquisition's Cash-to-Debt or its related term are showing as below:
VEACU'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 5000.01 Max: No Debt
Current: 0.02
During the past 2 years, Vantage Energy Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 5000.01.
VEACU's Cash-to-Debt is not ranked
in the Conglomerates industry.
Industry Median: 0.45
vs VEACU: 0.02
Vantage Energy Acquisition Cash-to-Debt Historical Data
The historical data trend for Vantage Energy Acquisition'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.
* Premium members only.
Vantage Energy Acquisition Annual Data
Trend
Dec17
Dec18
Cash-to-Debt
No Debt
0.02
Vantage Energy Acquisition Quarterly Data
Feb17
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Cash-to-Debt
No Debt
No Debt
No Debt
No Debt
0.02
Competitive Comparison
For the Conglomerates subindustry, Vantage Energy Acquisition'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.
Vantage Energy Acquisition Cash-to-Debt Distribution
For the Conglomerates industry and Industrials sector, Vantage Energy Acquisition's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Vantage Energy Acquisition's Cash-to-Debt falls into.
Vantage Energy Acquisition Cash-to-Debt Calculation
* 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.
Vantage Energy Acquisition (NAS:VEACU) 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.
Vantage Energy Acquisition Cash-to-Debt Related Terms
Thank you for viewing the detailed overview of Vantage Energy Acquisition's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.
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