Vasta Platform (Vasta Platform) Cash-to-Debt : 0.28 (As of Mar. 2024)

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What is Vasta Platform 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. Vasta Platform's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.28.

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

VSTA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.37 Max: 1.06
Current: 0.28

During the past 6 years, Vasta Platform's highest Cash to Debt Ratio was 1.06. The lowest was 0.02. And the median was 0.37.

VSTA's Cash-to-Debt is ranked worse than
79.62% of 260 companies
in the Education industry
Industry Median: 1.265 vs VSTA: 0.28

Vasta Platform Cash-to-Debt Historical Data

The historical data trend for Vasta Platform'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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Vasta Platform Cash-to-Debt Chart

Vasta Platform Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.81

0.44

0.37

0.30

Vasta Platform 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															0.32	0.35	0.32	0.30	0.28

Competitive Comparison of Vasta Platform's Cash-to-Debt

For the Education & Training Services subindustry, Vasta Platform'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.

Vasta Platform's Cash-to-Debt Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Vasta Platform's Cash-to-Debt distribution charts can be found below:

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

Vasta Platform 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.

Vasta Platform'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)
	=	69.759	/	(167.923	+	67.264)
	=	0.30

Vasta Platform'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)
	=	62.254	/	(158	+	63.854)
	=	0.28

Vasta Platform (NAS:VSTA) 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.

Vasta Platform Cash-to-Debt Related Terms

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Vasta Platform (Vasta Platform) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Vasta Platform Ltd (NAS:VSTA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Paulista, 901, 5th Floor, Bela Vista, Sao Paulo, SP, BRA, CEP 01310-100

Website

https://www.vastaedu.com.br

Vasta Platform Ltd operates as an education company in Brazil, engaged in providing end-to-end educational and digital solutions that cater to all needs of private schools operating in the K-12 educational segment. Its business segments are Content and EdTech Platform, and Digital Platform. The Content and EdTech platform derives its results from educational content solutions through digital and printed content, including textbooks, learning systems and other complementary educational services. The Digital Platform enables private schools to aggregate multiple learning strategies and helps them to focus on education, through the Business' physical and digital e-commerce platform and other digital services.