ANZ Group Holdings (ASX:ANZPF.PFD) Cash-to-Debt : 0.55 (As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is ANZ 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. ANZ Group Holdings's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.55.

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, ANZ Group Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

ASX:ANZPF.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.39 Med: 0.51 Max: 1.18
Current: 0.55

During the past 13 years, ANZ Group Holdings's highest Cash to Debt Ratio was 1.18. The lowest was 0.39. And the median was 0.51.

ASX:ANZPF.PFD's Cash-to-Debt is ranked worse than
72.63% of 1498 companies
in the Banks industry
Industry Median: 1.295 vs ASX:ANZPF.PFD: 0.55

ANZ Group Holdings Cash-to-Debt Historical Data

The historical data trend for ANZ 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.

* Premium members only.

ANZ Group Holdings Cash-to-Debt Chart

ANZ Group Holdings Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Cash-to-Debt

Get a 7-Day Free Trial

0.63

1.11

1.18

0.98

0.55

ANZ Group Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															1.18	1.49	0.98	0.83	0.55

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

For the Banks - Diversified subindustry, ANZ 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.

ANZ Group Holdings's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ANZ Group Holdings's Cash-to-Debt distribution charts can be found below:

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

ANZ Group Holdings Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

ANZ Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	112991	/	(0	+	205087)
	=	0.55

ANZ Group Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	112991	/	(0	+	205087)
	=	0.55

ANZ Group Holdings (ASX:ANZPF.PFD) 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.

ANZ Group Holdings Cash-to-Debt Related Terms

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

ANZ Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ANZ Group Holdings Ltd (ASX:ANZPF.PFD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ANZGY:USA ANZGF:USA ANZ:New Zealand X5Z:Germany ANB:Germany X5Z:Germany X5Z1:Germany AN3PH.PFD:Australia AN3PG.PFD:Australia ANZ:Australia

Address

833 Collins Street, Level 9, ANZ Centre, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.anz.com

ANZ Group is the owner of one of Australia's four major banks and provides retail, business, and institutional banking services to customers in Australia, New Zealand, and Asia-Pacific. The super-regional Asian strategy was de-emphasized, with management focusing on the higher-returning businesses in Australia and New Zealand. ANZ Bank still retains a tilt to its Asia-centric strategy, but is now more balanced, better capitalized and a simpler bank.

ANZ Group Holdings Headlines

No Headlines