Van de Velde NV (XBRU:VAN) Cash-to-Debt : 5.85 (As of Dec. 2023)

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What is Van de Velde NV 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. Van de Velde NV's cash to debt ratio for the quarter that ended in Dec. 2023 was 5.85.

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, Van de Velde NV could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XBRU:VAN' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.78 Med: 18.41 Max: 79.29
Current: 5.85

During the past 13 years, Van de Velde NV's highest Cash to Debt Ratio was 79.29. The lowest was 1.78. And the median was 18.41.

XBRU:VAN's Cash-to-Debt is ranked better than
82.79% of 1034 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs XBRU:VAN: 5.85

Van de Velde NV Cash-to-Debt Historical Data

The historical data trend for Van de Velde NV'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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Van de Velde NV Cash-to-Debt Chart

Van de Velde NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.78

2.89

5.78

6.29

5.85

Van de Velde NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															5.78	5.41	6.29	5.10	5.85

Competitive Comparison of Van de Velde NV's Cash-to-Debt

For the Apparel Manufacturing subindustry, Van de Velde NV'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.

Van de Velde NV's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Van de Velde NV's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Van de Velde NV's Cash-to-Debt falls into.

Van de Velde NV 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.

Van de Velde NV'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)
	=	60.595	/	(2.952	+	7.409)
	=	5.85

Van de Velde NV's Cash to Debt Ratio for the quarter 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)
	=	60.595	/	(2.952	+	7.409)
	=	5.85

Van de Velde NV (XBRU:VAN) 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.

Van de Velde NV Cash-to-Debt Related Terms

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

Van de Velde NV (XBRU:VAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Van de Velde NV (XBRU:VAN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

VDEVF:USA VO4:Germany

Address

Lageweg 4, Schellebelle, BEL, 9260

Website

https://www.vandevelde.eu

Van de Velde NV primarily designs and produces women's lingerie. Brands include Marie Jo, Primadonna, and Andres Sarda. Van de Velde sells majority of its items through the wholesale channel to independent specialty retailers. The remaining sales are primarily through retail stores the company owns or franchises. Van de Velde sells its products worldwide, and it has retail stores throughout continental Europe, the United Kingdom, the United States, Hong Kong, and Dubai. Van de Velde manufactures its products in Asia and Tunisia.

Van de Velde NV (XBRU:VAN) Headlines

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