Zayo Group Holdings (Zayo Group Holdings) Cash-to-Debt : 0.03 (As of Dec. 2019)

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What is Zayo Group Holdings 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. Zayo Group Holdings's cash to debt ratio for the quarter that ended in Dec. 2019 was 0.03.

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, Zayo Group Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2019.

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

ZAYO's Cash-to-Debt is not ranked ^*
in the Hardware industry.
Industry Median: 1.38
* Ranked among companies with meaningful Cash-to-Debt only.

Zayo Group Holdings Cash-to-Debt Historical Data

The historical data trend for Zayo Group Holdings'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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Zayo Group Holdings Cash-to-Debt Chart

Zayo Group Holdings Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Cash-to-Debt

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0.08

0.04

0.03

Zayo Group Holdings Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.03	0.03	0.04	0.03

Competitive Comparison of Zayo Group Holdings's Cash-to-Debt

For the Communication Equipment subindustry, Zayo Group Holdings'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.

Zayo Group Holdings's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zayo Group Holdings's Cash-to-Debt distribution charts can be found below:

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

Zayo Group Holdings 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.

Zayo Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 2019 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)
	=	186.1	/	(15	+	6011.9)
	=	0.03

Zayo Group Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2019 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)
	=	181.3	/	(189.7	+	6247)
	=	0.03

Zayo Group Holdings (NYSE:ZAYO) 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.

Zayo Group Holdings Cash-to-Debt Related Terms

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Zayo Group Holdings (Zayo Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zayo Group Holdings Inc (NYSE:ZAYO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1821 30th Street, Unit A, Boulder, CO, USA, 80301

Website

http://www.zayo.com

Zayo owns about 130,000 route miles of fiber, which underlies most of its business and is in over 400 markets throughout the U.S., Canada, and Europe. In its biggest segment, Fiber Solutions, Zayo leases dark fiber on long-term contracts primarily to communications service providers. In its Transport and Enterprise Networks segments, Zayo similarly leases fiber to customers to transport data, but it has a range of offerings over fiber that Zayo has lit, saving customers from having to activate and customize it themselves. Zayo also operates 50 U.S. data centers, provides cloud services, and owns a small Canadian telecom company, Allstream, that serves business customers. In 2018, Zayo announced its intention to split its business into two companies by the end of 2019.

Executives

Scott William Drake	director	9965 FEDERAL DRIVE, COLORADO SPRINGS CO 80921
Emily White	director	C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Yancey L. Spruill	director	1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Steven N Kaplan	director	1101 EAST 58TH STREET, CHICAGO IL 60637
Mary Catherine Morris	director	ARROW ELECTRONICS, INC., 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Richard W. Connor	director	1625 17TH STREET, DENVER CO 80202
Nina Richardson	director	C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
Charlesbank Capital Partners Llc	10 percent owner	600 ATLANTIC AVENUE, BOSTON MA 02210
Oak Investment Partners Xii L P	10 percent owner	901 MAIN AVENUE, SUITE 600, NORWALK CT 06851
Michael W. Choe	director	C/O CHARLESBANK CAPITAL PARTNERS, 200 CLARENDON STREET, 54TH FLOOR, BOSTON MA 02109