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ZBB Energy Corp (AMEX:ZBB)
Cash to Debt Ratio
9.13 (As of Sep. 2014)

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash and cash equivalents divide by its debt. ZBB Energy Corp's cash to debt ratio for the quarter that ended in Sep. 2014 was 9.13.

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, ZBB Energy Corp could pay off its debt using the cash in hand for the quarter that ended in Sep. 2014.

ZBB' s 10-Year Cash to Debt Range
Min: 0.15   Max: No Debt
Current: 9.13

During the past 10 years, ZBB Energy Corp's highest Cash to Debt Ratio was No Debt. The lowest was 0.15. And the median was 1.68.

ZBB's Cash to Debtis ranked higher than
87% of the 2035 Companies
in the Global Diversified Industrials industry.

( Industry Median: 0.77 vs. ZBB: 9.13 )

Definition

This is the ratio of a company's Cash and cash equivalents to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt. This ratio measures the financial strength of a company. This ratio is updated quarterly.

ZBB Energy Corp's Cash to Debt Ratio for the fiscal year that ended in Jun. 2014 is calculated as:

 Cash to Debt Ratio = Cash and Cash Equivalents / Total Debt = Cash and Cash Equivalents / (Short-Term Debt + Long-Term Debt) = 10.361 / (0.351 + 2.045) = 4.32

ZBB Energy Corp's Cash to Debt Ratio for the quarter that ended in Sep. 2014 is calculated as:

 Cash to Debt Ratio = Cash and Cash Equivalents / Total Debt = Cash and Cash Equivalents / (Short-Term Debt + Long-Term Debt) = 21.078 / (0.354 + 1.956) = 9.12

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

ZBB Energy Corp Annual Data

 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 cash2debt No Debt 0.15 2.66 4.11 1.41 0.49 0.62 1.97 0.33 4.32

ZBB Energy Corp Quarterly Data

 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 cash2debt 1.97 1.22 0.58 0.80 0.33 0.95 0.19 5.39 4.32 9.13
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