Volta (VLTA) Cash-to-Debt : 0.13 (As of Sep. 2022)

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What is Volta 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. Volta's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.13.

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, Volta couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

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

VLTA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 1.28 Max: 3.08
Current: 0.13

During the past 2 years, Volta's highest Cash to Debt Ratio was 3.08. The lowest was 0.13. And the median was 1.28.

VLTA's Cash-to-Debt is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.47 vs VLTA: 0.13

Volta Cash-to-Debt Historical Data

The historical data trend for Volta'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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Volta Cash-to-Debt Chart

Volta Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

0.59

2.33

Volta Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial				3.08	2.33	1.70	0.86	0.13

Competitive Comparison of Volta's Cash-to-Debt

For the Specialty Retail subindustry, Volta'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.

Volta's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Volta's Cash-to-Debt distribution charts can be found below:

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

Volta 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.

Volta's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	262.16	/	(24.304	+	88.419)
	=	2.33

Volta's Cash to Debt Ratio for the quarter that ended in Sep. 2022 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)
	=	15.646	/	(26.889	+	93.382)
	=	0.13

Volta (NYSE:VLTA) 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.

Volta Cash-to-Debt Related Terms

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Volta (VLTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Volta Inc (NYSE:VLTA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

155 De Haro Street, San Francisco, CA, USA, 94103

Website

https://www.voltacharging.com

Volta Inc is engaged in the industry of commerce-centric electric vehicle (EV) charging networks. It builds EV charging networks that capitalize on and catalyze the shift from combustion-powered miles to electric miles by placing stations where consumers are active. As part of Volta's EV charging offering, its stations allow it to enhance its site hosts' and strategic partners' core commercial interests, creating a new means for them to benefit from the transformative shift to electric mobility.

Executives

Bonita C. Stewart	director	250 COROMAR DRIVE, GOLETA CA 93117
Stephen J. Pilatzke	officer: Chief Accounting Officer	1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Katherine J Savitt	director	C/O VOLTA INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Michelle Kley	officer: Chief Legal Officer	C/O VIRGIN GALACTIC HOLDINGS, INC., 166 NORTH ROADRUNNER PARKWAY, SUITE 1C, LAS CRUCES NM 88011
Vincent T. Cubbage	director, officer: Interim CEO	725 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10022
John J. Tough	director	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Martin Lauber	director	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Brandt Hastings	officer: Chief Commercial Officer	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Eli Aheto	director	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Volta Inc.	officer: Chief Accounting Officer	155 DE HARO STREET, SAN FRANCISCO CA 94103
Yifan Tang	officer: Chief Technology Officer	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Scott Mercer	director, officer: Chief Executive Officer	C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Virgo Hermes, Llc	10 percent owner	1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010
Jesse C Watson	10 percent owner	1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010
Virgo Agency Services Llc	10 percent owner	1201 HOWARD AVENUE, SUITE 300, BURLINGAME CA 94010