Vassilico Cement Works PCL (CYS:VCW) Cash-to-Debt : 1.29 (As of Dec. 2023)

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What is Vassilico Cement Works PCL 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. Vassilico Cement Works PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.29.

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, Vassilico Cement Works PCL 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 Vassilico Cement Works PCL's Cash-to-Debt or its related term are showing as below:

CYS:VCW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.16 Max: 1.29
Current: 1.29

During the past 13 years, Vassilico Cement Works PCL's highest Cash to Debt Ratio was 1.29. The lowest was 0.01. And the median was 0.16.

CYS:VCW's Cash-to-Debt is ranked better than
70.16% of 382 companies
in the Building Materials industry
Industry Median: 0.455 vs CYS:VCW: 1.29

Vassilico Cement Works PCL Cash-to-Debt Historical Data

The historical data trend for Vassilico Cement Works PCL'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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Vassilico Cement Works PCL Cash-to-Debt Chart

Vassilico Cement Works PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.23

0.94

0.11

0.13

1.29

Vassilico Cement Works PCL 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															0.11	-	0.13	1.72	1.29

Competitive Comparison of Vassilico Cement Works PCL's Cash-to-Debt

For the Building Materials subindustry, Vassilico Cement Works PCL'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.

Vassilico Cement Works PCL's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Vassilico Cement Works PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Vassilico Cement Works PCL's Cash-to-Debt falls into.

Vassilico Cement Works PCL 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.

Vassilico Cement Works PCL'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)
	=	18.181	/	(3.617	+	10.435)
	=	1.29

Vassilico Cement Works PCL'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)
	=	18.181	/	(3.617	+	10.435)
	=	1.29

Vassilico Cement Works PCL (CYS:VCW) 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.

Vassilico Cement Works PCL Cash-to-Debt Related Terms

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

Vassilico Cement Works PCL (CYS:VCW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Vassilico Cement Works PCL (CYS:VCW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1A Kyriakos Matsis Avenue, 4th Floor, P.O. Box 22281, Nicosia, CYP, 1082

Website

https://www.vassiliko.com

Vassilico Cement Works PCL is the company whose principal business activities are the production of clinker and cement, which are distributed in the local and international markets. It manages queries for the extraction of raw materials which are used exclusively for the production of cement. The company generates the majority of its revenue from cement products and from the domestic market.

Vassilico Cement Works PCL (CYS:VCW) Headlines

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