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Vision Lithium (Vision Lithium) Cash-to-Debt : 51.32 (As of Nov. 2023)


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What is Vision Lithium 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. Vision Lithium's cash to debt ratio for the quarter that ended in Nov. 2023 was 51.32.

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, Vision Lithium could pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

ABEPF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.3   Med: No Debt   Max: No Debt
Current: 50.23

During the past 13 years, Vision Lithium's highest Cash to Debt Ratio was No Debt. The lowest was 1.30. And the median was No Debt.

ABEPF's Cash-to-Debt is ranked better than
56.1% of 2640 companies
in the Metals & Mining industry
Industry Median: 18.395 vs ABEPF: 50.23

Vision Lithium Cash-to-Debt Historical Data

The historical data trend for Vision Lithium'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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Vision Lithium Cash-to-Debt Chart

Vision Lithium Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 4.90 32.55 17.89 2.02

Vision Lithium Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.59 6.15 2.69 2.02 51.32

Competitive Comparison of Vision Lithium's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Vision Lithium'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.


Vision Lithium's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vision Lithium's Cash-to-Debt distribution charts can be found below:

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



Vision Lithium 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.

Vision Lithium's Cash to Debt Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Vision Lithium's Cash to Debt Ratio for the quarter that ended in Nov. 2023 is calculated as:

* 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.


Vision Lithium  (OTCPK:ABEPF) 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.


Vision Lithium Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Vision Lithium's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Vision Lithium (Vision Lithium) Business Description

Traded in Other Exchanges
Address
1019, Boulevard Des Pins, 2nd Floor, Val-d'OR, QC, CAN, J9P 4T2
Vision Lithium Inc is a junior exploration company focused on exploring and developing high quality battery mineral assets including lithium and copper in safe jurisdictions, predominantly in Canada. The company's project includes Godslith Property, Cadillac, Sirmac Property, Dome Lemieux property, and others.