StorageVault Canada (TSX:SVI) Cash-to-Debt : 0.01 (As of Mar. 2024)

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What is StorageVault Canada 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. StorageVault Canada's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.01.

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, StorageVault Canada couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

TSX:SVI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.12
Current: 0.01

During the past 13 years, StorageVault Canada's highest Cash to Debt Ratio was 0.12. The lowest was 0.00. And the median was 0.02.

TSX:SVI's Cash-to-Debt is ranked worse than
95.58% of 1786 companies
in the Real Estate industry
Industry Median: 0.25 vs TSX:SVI: 0.01

StorageVault Canada Cash-to-Debt Historical Data

The historical data trend for StorageVault Canada'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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StorageVault Canada Cash-to-Debt Chart

StorageVault Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.01

StorageVault Canada Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															-	0.01	0.01	0.01	0.01

Competitive Comparison of StorageVault Canada's Cash-to-Debt

For the Real Estate Services subindustry, StorageVault Canada'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.

StorageVault Canada's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, StorageVault Canada's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where StorageVault Canada's Cash-to-Debt falls into.

StorageVault Canada 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.

StorageVault Canada'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)
	=	13.861	/	(0	+	1773.862)
	=	0.01

StorageVault Canada's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	14.335	/	(0	+	1783.644)
	=	0.01

StorageVault Canada (TSX:SVI) 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.

StorageVault Canada Cash-to-Debt Related Terms

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StorageVault Canada (TSX:SVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » StorageVault Canada Inc (TSX:SVI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SVAUF:USA

Address

100 Canadian Road, Toronto, ON, CAN, M1R 4Z5

Website

http://www.storagevaultcanada.com

StorageVault Canada Inc is engaged in the business of owning, operating, and leasing storage to individual and commercial customers across Canada. The company operates through three segments. Its Self Storage segment consists of renting space at the company's property for short or long-term storage which also includes space for storing vehicles and use for small commercial operations. The Portable Storage segment involves delivering a portable storage unit to the customer. The Management Division involves revenues generated from the management of stores owned by third parties. It generates maximum revenue from the Self Storage segment.

Executives

Alan Arthur Simpson

Director

StorageVault Canada (TSX:SVI) Headlines

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