Vietnam Enterprise Investments (LSE:VEIL) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Vietnam Enterprise Investments 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. Vietnam Enterprise Investments's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Vietnam Enterprise Investments could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

LSE:VEIL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.41 Med: No Debt Max: No Debt
Current: No Debt

During the past 11 years, Vietnam Enterprise Investments's highest Cash to Debt Ratio was No Debt. The lowest was 0.41. And the median was No Debt.

LSE:VEIL's Cash-to-Debt is ranked better than
99.93% of 1442 companies
in the Asset Management industry
Industry Median: 5.72 vs LSE:VEIL: No Debt

Vietnam Enterprise Investments Cash-to-Debt Historical Data

The historical data trend for Vietnam Enterprise Investments'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.

* Premium members only.

Vietnam Enterprise Investments Cash-to-Debt Chart

Vietnam Enterprise Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Vietnam Enterprise Investments Semi-Annual Data
	Dec13	Dec14	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														No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Vietnam Enterprise Investments's Cash-to-Debt

For the Asset Management subindustry, Vietnam Enterprise Investments'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.

Vietnam Enterprise Investments's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Vietnam Enterprise Investments's Cash-to-Debt distribution charts can be found below:

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

Vietnam Enterprise Investments 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.

Vietnam Enterprise Investments's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Vietnam Enterprise Investments had no debt ⁽¹⁾.

Vietnam Enterprise Investments's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Vietnam Enterprise Investments had no debt ⁽¹⁾.

Vietnam Enterprise Investments (LSE:VEIL) 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.

Vietnam Enterprise Investments Cash-to-Debt Related Terms

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

Vietnam Enterprise Investments (LSE:VEIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vietnam Enterprise Investments Ltd (LSE:VEIL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

VEILl:UK

Address

C/o Maples Corporate Services Limited, P.O. Box 309, Ugland House, Grand Cayman, CYM, KY1-1104

Website

https://www.veil-dragoncapital.com

Vietnam Enterprise Investments Ltd is a closed-ended investment fund. The investment objective of the company is to invest directly or indirectly in publicly or privately issued securities of companies, projects, and enterprises issued by Vietnamese entities, whether inside or outside Vietnam. The company's only operating segment is an investment in equity securities in Vietnam.

Vietnam Enterprise Investments (LSE:VEIL) Headlines

No Headlines

Vietnam Enterprise Investments (LSE:VEIL) Cash-to-Debt : No Debt (1) (As of Dec. 2023)