Vinda International Holdings (Vinda International Holdings) Cash-to-Debt : 0.31 (As of Dec. 2023)

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What is Vinda International 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. Vinda International Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.31.

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, Vinda International Holdings 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 Vinda International Holdings's Cash-to-Debt or its related term are showing as below:

VDAHY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.15 Max: 0.31
Current: 0.31

During the past 13 years, Vinda International Holdings's highest Cash to Debt Ratio was 0.31. The lowest was 0.08. And the median was 0.15.

VDAHY's Cash-to-Debt is ranked worse than
60.44% of 1853 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs VDAHY: 0.31

Vinda International Holdings Cash-to-Debt Historical Data

The historical data trend for Vinda International 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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Vinda International Holdings Cash-to-Debt Chart

Vinda International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.11

0.15

0.21

0.15

0.31

Vinda International Holdings 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															0.21	0.25	0.15	0.15	0.31

Competitive Comparison of Vinda International Holdings's Cash-to-Debt

For the Household & Personal Products subindustry, Vinda International 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.

Vinda International Holdings's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vinda International Holdings's Cash-to-Debt distribution charts can be found below:

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

Vinda International 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.

Vinda International Holdings's Cash to Debt Ratio for the fiscal year 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)
	=	176.135	/	(59.668	+	502.33)
	=	0.31

Vinda International Holdings'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)
	=	176.135	/	(59.668	+	502.33)
	=	0.31

Vinda International Holdings (OTCPK:VDAHY) 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.

Vinda International Holdings Cash-to-Debt Related Terms

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Vinda International Holdings (Vinda International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vinda International Holdings Ltd (OTCPK:VDAHY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

VDAHF:USA 03331:Hong Kong 31V:Germany

Address

98 Granville Road, Penthouse, East Ocean Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

http://www.vinda.com

Vinda International Holdings Ltd is an investment holding company. Along with its subsidiaries, the company manufactures and sells a range of tissue paper and personal care products in the market. Its reportable segments are Household paper products which account for the majority of its revenue, and Personal care products. The group has a business presence in Mainland China, Hong Kong, Malaysia, Japan, Taiwan, and other countries, of which key revenue is derived from Mainland China.

Vinda International Holdings (Vinda International Holdings) Headlines

From GuruFocus

Mr. Li Chaoyang, Chairman of Vinda International Holdings Named Asian CEO of the Year by Fastmarkets RISI

By PRNewswire PRNewswire • 08-26-2020