ZCCM Investments Holdings (ZCCM Investments Holdings) Cash-to-Debt : 0.20 (As of Dec. 2022)

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What is ZCCM Investments 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. ZCCM Investments Holdings's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.20.

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, ZCCM Investments Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

ZCCMF's Cash-to-Debt is not ranked ^*
in the Metals & Mining industry.
Industry Median: 17.92
* Ranked among companies with meaningful Cash-to-Debt only.

ZCCM Investments Holdings Cash-to-Debt Historical Data

The historical data trend for ZCCM Investments 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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ZCCM Investments Holdings Cash-to-Debt Chart

ZCCM Investments Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Cash-to-Debt

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6.54

7.81

2.19

0.03

0.20

ZCCM Investments Holdings Semi-Annual Data
	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Cash-to-Debt	Get a 7-Day Free Trial															2.19	N/A	0.03	N/A	0.20

Competitive Comparison of ZCCM Investments Holdings's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, ZCCM Investments 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.

ZCCM Investments Holdings's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, ZCCM Investments Holdings's Cash-to-Debt distribution charts can be found below:

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

ZCCM Investments 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.

ZCCM Investments Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	215.345	/	(58.971	+	1043.679)
	=	0.20

ZCCM Investments Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2022 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)
	=	215.345	/	(58.971	+	1043.679)
	=	0.20

ZCCM Investments Holdings (GREY:ZCCMF) 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.

ZCCM Investments Holdings Cash-to-Debt Related Terms

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ZCCM Investments Holdings (ZCCM Investments Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ZCCM Investments Holdings PLC (GREY:ZCCMF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MLZAM:France

Address

Alick Nkhata Road, Mass Media Complex Area, P O Box 30048, Stand Number 16806, ZCCM-IH Office Park, Lusaka, ZMB, 10101

Website

https://www.zccm-ih.com.zm

ZCCM Investments Holdings PLC is an investment holding company managing the Zambian Government's stake in the mining sector, as the Zambian Government. The company operates in four segments namely ZCCM-IH Plc, Ndola Lime Company Limited, Investrust Bank Plc, and Misenge Environmental and Technical Services Limited.

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