VitroB de CV (VitroB de CV) Cash-to-Debt : 0.16 (As of Sep. 2023)

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

What is VitroB de CV 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. VitroB de CV's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.16.

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, VitroB de CV couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

VITOF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.2 Max: No Debt
Current: 0.16

During the past 13 years, VitroB de CV's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was 0.20.

VITOF's Cash-to-Debt is ranked worse than
73.6% of 375 companies
in the Building Materials industry
Industry Median: 0.46 vs VITOF: 0.16

VitroB de CV Cash-to-Debt Historical Data

The historical data trend for VitroB de CV'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.

VitroB de CV Cash-to-Debt Chart

VitroB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.41

0.32

0.52

0.15

0.17

VitroB de CV Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.18	0.17	0.23	0.19	0.16

Competitive Comparison of VitroB de CV's Cash-to-Debt

For the Building Materials subindustry, VitroB de CV'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.

VitroB de CV's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, VitroB de CV's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where VitroB de CV's Cash-to-Debt falls into.

VitroB de CV 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.

VitroB de CV's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	122.699	/	(134.99	+	608.355)
	=	0.17

VitroB de CV'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)
	=	140.171	/	(139.108	+	713.255)
	=	0.16

VitroB de CV (OTCPK:VITOF) 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.

VitroB de CV Cash-to-Debt Related Terms

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

VitroB de CV (VitroB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Vitro SAB de CV (OTCPK:VITOF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

VITROA:Mexico

Address

Avenida Ricardo Margain Zozaya No. 400, Colonia Valle del Campestre, San Pedro Garza Garcia, NL, MEX, 66265

Website

https://www.vitro.com

Vitro SAB de CV is a glass manufacturing company. The company is principally engaged in the production, processing, distribution, and marketing range of glassware. Its reportable segment includes Flat glass; Chemicals and Glass containers. Flat glass is used for the construction and automotive industries, carbonate, and sodium bicarbonate products. Its Glass containers are used in precision components, as well as machinery and molds for the glass industry. The company derives the maximum revenue from the Flat Glass segment. Geographically, it generates a majority of its revenue from the USA.

VitroB de CV (VitroB de CV) Headlines

No Headlines