Viskase (Viskase) Cash-to-Debt : 0.07 (As of Sep. 2023)

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

What is Viskase 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. Viskase's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.07.

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

VKSC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.14 Max: 0.2
Current: 0.07

During the past 13 years, Viskase's highest Cash to Debt Ratio was 0.20. The lowest was 0.05. And the median was 0.14.

VKSC's Cash-to-Debt is ranked worse than
84.17% of 379 companies
in the Packaging & Containers industry
Industry Median: 0.41 vs VKSC: 0.07

Viskase Cash-to-Debt Historical Data

The historical data trend for Viskase'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.

Viskase Cash-to-Debt Chart

Viskase Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash-to-Debt

Get a 7-Day Free Trial

0.14

0.15

0.06

0.17

Viskase Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Sep22	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.17	0.18	0.17	N/A	0.07

Competitive Comparison of Viskase's Cash-to-Debt

For the Packaging & Containers subindustry, Viskase'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.

Viskase's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Viskase's Cash-to-Debt distribution charts can be found below:

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

Viskase 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.

Viskase's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 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)
	=	46.031	/	(5.159	+	267.417)
	=	0.17

Viskase'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)
	=	11.517	/	(34.879	+	132.239)
	=	0.07

Viskase (OTCPK:VKSC) 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.

Viskase Cash-to-Debt Related Terms

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

Viskase (Viskase) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Viskase Companies Inc (OTCPK:VKSC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 East Butterfield Road, Suite 400, Lombard, IL, USA, 60148-5679

Website

https://www.viskase.com

Viskase Companies Inc together with its subsidiaries manufactures and distributes non-edible cellulosic food casings used to prepare and package processed meat products. It offers cellulose, fibrous, polyamide casings, and film under the brand NOJAX, VISCOAT, MOKE MASTER, COLOR MASTER, POLYJAX, and others. The company's geographical segments are located in North America, South America, Europe, and Asia. The majority of its revenue is derived from North America.

Viskase (Viskase) Headlines

From GuruFocus

Viskase Companies, Inc. - Special Call Transcript

By GuruFocus Research • 02-15-2024