Victorian Plumbing Group (LSE:VIC) Cash-to-Debt : 9.67 (As of Sep. 2023)

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What is Victorian Plumbing Group 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. Victorian Plumbing Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 9.67.

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, Victorian Plumbing Group could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

LSE:VIC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 3.64 Max: 9.67
Current: 9.67

During the past 6 years, Victorian Plumbing Group's highest Cash to Debt Ratio was 9.67. The lowest was 0.15. And the median was 3.64.

LSE:VIC's Cash-to-Debt is ranked better than
88.53% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs LSE:VIC: 9.67

Victorian Plumbing Group Cash-to-Debt Historical Data

The historical data trend for Victorian Plumbing Group'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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Victorian Plumbing Group Cash-to-Debt Chart

Victorian Plumbing Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

0.71

1.64

5.64

9.10

9.67

Victorian Plumbing Group Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial					5.64	6.24	9.10	9.09	9.67

Competitive Comparison of Victorian Plumbing Group's Cash-to-Debt

For the Home Improvement Retail subindustry, Victorian Plumbing Group'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.

Victorian Plumbing Group's Cash-to-Debt Distribution in the Retail - Cyclical Industry

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

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

Victorian Plumbing Group 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.

Victorian Plumbing Group's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	46.4	/	(1	+	3.8)
	=	9.67

Victorian Plumbing Group's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	46.4	/	(1	+	3.8)
	=	9.67

Victorian Plumbing Group (LSE:VIC) 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.

Victorian Plumbing Group Cash-to-Debt Related Terms

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Victorian Plumbing Group (LSE:VIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Victorian Plumbing Group PLC (LSE:VIC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

637:Germany

Address

22 Grimrod Place, Skelmersdale, GBR, WN8 9UU

Website

https://www.victorianplumbingplc.com

Victorian Plumbing Group PLC is an online retailer of bathroom products and accessories, offering a one-stop-shop solution for the entire bathroom. It offers a wide range of over 24,000 products to business to customer and trade customers, with more than 125 brands across a wide spectrum of price points and it also design and develops exclusive new products in-house.

Victorian Plumbing Group (LSE:VIC) Headlines

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