Vision International Holdings (HKSE:08107) Cash-to-Debt : 0.64 (As of Dec. 2023)

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What is Vision 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. Vision International Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.64.

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

HKSE:08107' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 1.3 Max: 3.5
Current: 0.64

During the past 9 years, Vision International Holdings's highest Cash to Debt Ratio was 3.50. The lowest was 0.02. And the median was 1.30.

HKSE:08107's Cash-to-Debt is ranked better than
56.71% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs HKSE:08107: 0.64

Vision International Holdings Cash-to-Debt Historical Data

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

Vision International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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2.95

0.19

0.04

0.02

0.64

Vision International Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.02	N/A	0.46	N/A	0.64

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

For the Apparel Manufacturing subindustry, Vision 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.

Vision International Holdings's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vision International Holdings's Cash-to-Debt distribution charts can be found below:

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

Vision 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.

Vision 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)
	=	22.099	/	(25.509	+	8.979)
	=	0.64

Vision 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)
	=	22.099	/	(25.509	+	8.979)
	=	0.64

Vision International Holdings (HKSE:08107) 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 International Holdings Cash-to-Debt Related Terms

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

Vision International Holdings (HKSE:08107) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vision International Holdings Ltd (HKSE:08107) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1002-1008 Tai Nan West Street, 3rd Floor, China United Plaza, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

http://www.vision-holdings.com.hk

Vision International Holdings Ltd is engaged in the sales of apparel products with the provision of SCM services to customers and the provision of agency services for construction and related materials. The company is an apparel supply chain management services provider in Hong Kong with its services range across market trend analysis, product design, and development, sourcing of suppliers, production management, logistics services, and quality control. It generates revenue mainly from the sales of apparel products with the provision of SCM services to customers, delivering one-stop solutions to customers in Europe and Asia; and the agency fees from the sales of construction and related materials to sourcing agents in South East Asia.

Executives

Chan Ting	2201 Interest of corporation controlled by you
Beaming Elite Holdings Limited	2101 Beneficial owner
Jpmorgan Chase & Co.	2106 Person having a security interest in shares
Arena Investors, Lp	2102 Investment manager
Arena Special Opportunities Partners Ii, Lp	2101 Beneficial owner
Lau Chi Wing James	2101 Beneficial owner
Metro Vanguard Limited	2101 Beneficial owner
Chan Sau Fung	2202 Interest of your spouse
Ko Sin Yun	2201 Interest of corporation controlled by you
Quick Target Limited	2106 Person having a security interest in shares
Arena Investors Group Holdings, Llc	2201 Interest of corporation controlled by you
Enkai Investments Pte. Ltd.	2101 Beneficial owner
Ng Kim Ming	2201 Interest of corporation controlled by you

Vision International Holdings (HKSE:08107) Headlines

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