ZF Steering Gear (India) (BOM:505163) Cash-to-Debt : N/A (As of Dec. 2024)

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What is ZF Steering Gear (India) 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. ZF Steering Gear (India)'s cash to debt ratio for the quarter that ended in Dec. 2024 was N/A.

The historical rank and industry rank for ZF Steering Gear (India)'s Cash-to-Debt or its related term are showing as below:

BOM:505163' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.21 Max: 1.96
Current: 0.07

During the past 13 years, ZF Steering Gear (India)'s highest Cash to Debt Ratio was 1.96. The lowest was 0.01. And the median was 0.21.

BOM:505163's Cash-to-Debt is ranked worse than
88.8% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 0.55 vs BOM:505163: 0.07

ZF Steering Gear (India) Cash-to-Debt Historical Data

The historical data trend for ZF Steering Gear (India)'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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ZF Steering Gear (India) Cash-to-Debt Chart

ZF Steering Gear (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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1.96

0.29

0.13

0.01

0.22

ZF Steering Gear (India) Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.22	N/A	0.07	N/A

Competitive Comparison of ZF Steering Gear (India)'s Cash-to-Debt

For the Auto Parts subindustry, ZF Steering Gear (India)'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.

ZF Steering Gear (India)'s Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZF Steering Gear (India)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where ZF Steering Gear (India)'s Cash-to-Debt falls into.

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ZF Steering Gear (India) 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.

ZF Steering Gear (India)'s Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	169.4	/	(379.7	+	388)
	=	0.22

ZF Steering Gear (India)'s Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

ZF Steering Gear (India) (BOM:505163) 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.

ZF Steering Gear (India) Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of ZF Steering Gear (India)'s Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

ZF Steering Gear (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ZF Steering Gear (India) Ltd (BOM:505163) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

CTS No: 10+10A, Connaught Road, Pride Parmar Galaxy, 3rd Floor, Sadhu Vaswani Chowk, Pune, MH, IND, 411001

Website

http://www.zfindia.com

ZF Steering Gear (India) Ltd produces and assembles steering systems for vehicles, buses, and tractors. The segment in which the group operates includes Auto Component and Renewable Energy. The company's product range includes steering systems, vane pumps, pump pulleys, oil reservoirs, steering and pump mounting brackets, steering columns, intermediate shafts, universal joints, bevel gears boxes, and power steering oil dexron II. ZF Steering operates its business activity through the plant located in Vadu Budruk, Pune. The company generates the majority of its revenue from the Auto component, which is engaged in the manufacturing of auto components.

ZF Steering Gear (India) Headlines

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