CVGI (Commercial Vehicle Group) Cash-to-Debt : 0.16 (As of Dec. 2024)

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What is Commercial Vehicle Group 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. Commercial Vehicle Group's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.16.

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, Commercial Vehicle Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

CVGI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.25 Max: 0.56
Current: 0.16

During the past 13 years, Commercial Vehicle Group's highest Cash to Debt Ratio was 0.56. The lowest was 0.16. And the median was 0.25.

CVGI's Cash-to-Debt is ranked worse than
78% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.56 vs CVGI: 0.16

Commercial Vehicle Group Cash-to-Debt Historical Data

The historical data trend for Commercial Vehicle Group'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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Commercial Vehicle Group Cash-to-Debt Chart

Commercial Vehicle Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

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0.28

0.16

0.18

0.22

0.16

Commercial Vehicle Group 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															0.22	0.29	0.26	0.23	0.16

Competitive Comparison of Commercial Vehicle Group's Cash-to-Debt

For the Auto Parts subindustry, Commercial Vehicle Group'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.

Commercial Vehicle Group's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Commercial Vehicle Group's Cash-to-Debt distribution charts can be found below:

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

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Commercial Vehicle Group 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.

Commercial Vehicle Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	26.63	/	(16.471	+	149.857)
	=	0.16

Commercial Vehicle Group's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	26.63	/	(16.471	+	149.857)
	=	0.16

Commercial Vehicle Group (NAS:CVGI) 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.

Commercial Vehicle Group Cash-to-Debt Related Terms

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

Commercial Vehicle Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Commercial Vehicle Group Inc (NAS:CVGI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FDU:Germany

Address

7800 Walton Parkway, New Albany, OH, USA, 43054

Website

https://www.cvgrp.com

Commercial Vehicle Group Inc is a provider of systems, assemblies, and components to the commercial vehicle market and the electric vehicle markets. It delivers solutions to complex design, engineering, and manufacturing problems while creating positive change for customers, industries, and communities. Its operating segments are Vehicle Solutions, Electrical Systems, and Aftermarket and Accessories. The company makes the majority of its revenue from Vehicle Solutions. The group generates revenue from its products including seating systems, plastic components, electrical wire harnesses, mirrors, wipers, and other accessories. Its geographic regions are North America, Europe and Asia-Pacific.

Executives

Ray James R Jr	director	COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
J Michael Nauman	director	C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532
Robert C Griffin	director	BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Wayne M Rancourt	director	1111 WEST JEFFERSON STREET, SUITE 300, P O BOX 50, BOISE ID 83728
Melanie K. Cook	director	4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Roger L Fix	director
Chung Kin Cheung	officer: EVP & CFO	COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Aneezal H Mohamed	officer: General Counsel, Cmp Ofc & Sec	COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Richard Iii Tajer	officer: SVP & Chief Commercial Officer	COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Kristin S Mathers	officer: Chief HR Officer	COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Christopher H Bohnert	officer: CFO & Chief Accounting Officer	2780 WATERFRONT PARKWAY EAST DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Harold C Bevis	director	8537 SIX FORKS RD., SUITE 300, RALEIGH NC 27615
Ruth Gratzke	director	COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Angela M O'leary	other: VP, Controller & Ch Acct Offcr	COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Edmund S Carney	officer: Interim CFO	COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054