Zumtobel Group AG (Zumtobel Group AG) Cash-to-Debt : 0.41 (As of Jan. 2024)

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What is Zumtobel Group AG 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. Zumtobel Group AG's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.41.

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, Zumtobel Group AG couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

ZMTBY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.36 Max: 0.51
Current: 0.41

During the past 13 years, Zumtobel Group AG's highest Cash to Debt Ratio was 0.51. The lowest was 0.19. And the median was 0.36.

ZMTBY's Cash-to-Debt is ranked worse than
71.86% of 2900 companies
in the Industrial Products industry
Industry Median: 1.23 vs ZMTBY: 0.41

Zumtobel Group AG Cash-to-Debt Historical Data

The historical data trend for Zumtobel Group AG'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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Zumtobel Group AG Cash-to-Debt Chart

Zumtobel Group AG Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

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0.20

0.30

0.43

0.40

0.41

Zumtobel Group AG Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.51	0.41	0.37	0.42	0.41

Competitive Comparison of Zumtobel Group AG's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, Zumtobel Group AG'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.

Zumtobel Group AG's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zumtobel Group AG's Cash-to-Debt distribution charts can be found below:

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

Zumtobel Group AG 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.

Zumtobel Group AG's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	66.339	/	(39.952	+	121.752)
	=	0.41

Zumtobel Group AG's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	70.545	/	(25.052	+	147.084)
	=	0.41

Zumtobel Group AG (OTCPK:ZMTBY) 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.

Zumtobel Group AG Cash-to-Debt Related Terms

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Zumtobel Group AG (Zumtobel Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zumtobel Group AG (OTCPK:ZMTBY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

T9Z:Germany ZAG:Austria

Address

Hochster Strasse 8, Dornbirn, AUT, A-6850

Website

https://z.lighting/en

Zumtobel Group AG supplies lighting solutions, lighting components, and associated services. The company also manufactures and hardware and software for lighting systems (LED light sources and LED drivers, sensors, and lighting management). It provides consultation on smart lighting controls and emergency lighting systems, light contracting, design services, and project management of turnkey lighting solutions, as well as new, data-based services focused on delivering connectivity for buildings and municipalities via the lighting infrastructure. The operating segments of the group are the Lighting segment and Components segment, of which a majority of revenue is generated from the Lighting segment, The group has a business presence all around the globe.