Vontobel Holding AG (XSWX:VONN) Cash-to-Debt : 6.58 (As of Dec. 2023)

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What is Vontobel Holding AG 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. Vontobel Holding AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 6.58.

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, Vontobel Holding AG could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XSWX:VONN' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.46 Med: 16.33 Max: No Debt
Current: 6.58

During the past 13 years, Vontobel Holding AG's highest Cash to Debt Ratio was No Debt. The lowest was 4.46. And the median was 16.33.

XSWX:VONN's Cash-to-Debt is ranked better than
50.45% of 1449 companies
in the Asset Management industry
Industry Median: 6.06 vs XSWX:VONN: 6.58

Vontobel Holding AG Cash-to-Debt Historical Data

The historical data trend for Vontobel Holding AG'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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Vontobel Holding AG Cash-to-Debt Chart

Vontobel Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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12.48

11.86

13.91

4.46

6.58

Vontobel Holding AG 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															13.91	15.41	4.46	6.97	6.58

Competitive Comparison of Vontobel Holding AG's Cash-to-Debt

For the Asset Management subindustry, Vontobel Holding AG'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.

Vontobel Holding AG's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Vontobel Holding AG's Cash-to-Debt distribution charts can be found below:

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

Vontobel Holding AG Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Vontobel Holding AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	5310.9	/	(0	+	806.7)
	=	6.58

Vontobel Holding AG's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	5310.9	/	(0	+	806.7)
	=	6.58

Vontobel Holding AG (XSWX:VONN) 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.

Vontobel Holding AG Cash-to-Debt Related Terms

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Vontobel Holding AG (XSWX:VONN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vontobel Holding AG (XSWX:VONN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

VONHF:USA VONNz:UK 0QKE:UK

Address

Gotthardstrasse 43, Zurich, CHE, CH-8022

Website

https://www.vontobel.com

Vontobel Holding AG is a Swiss bank that operates through three business segments: Asset Management Segment focuses on institutional clients such as pension funds, insurance companies, and sovereign wealth funds, as well as third-party banks in the wholesale fund business, Wealth Management Segment serves wealthy private clients (including UHNWIs), financial intermediaries, entrepreneurs, and decision-makers from the SME segment and Digital Investing Segment bundles investment solutions for private investors, either directly or via ecosystems, and it also concentrates on the end-clients business with structured products.

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