ZBM ZREMB-Chojnice (WAR:ZRE) Cash-to-Debt : 0.19 (As of Mar. 2024)

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What is ZBM ZREMB-Chojnice 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. ZBM ZREMB-Chojnice's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.19.

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, ZBM ZREMB-Chojnice couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for ZBM ZREMB-Chojnice's Cash-to-Debt or its related term are showing as below:

WAR:ZRE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.34 Max: 4.38
Current: 0.19

During the past 13 years, ZBM ZREMB-Chojnice's highest Cash to Debt Ratio was 4.38. The lowest was 0.02. And the median was 0.34.

WAR:ZRE's Cash-to-Debt is ranked worse than
67.92% of 614 companies
in the Steel industry
Industry Median: 0.45 vs WAR:ZRE: 0.19

ZBM ZREMB-Chojnice Cash-to-Debt Historical Data

The historical data trend for ZBM ZREMB-Chojnice'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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ZBM ZREMB-Chojnice Cash-to-Debt Chart

ZBM ZREMB-Chojnice Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.34

0.40

0.26

0.30

0.38

ZBM ZREMB-Chojnice Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.24	0.14	0.45	0.38	0.19

Competitive Comparison of ZBM ZREMB-Chojnice's Cash-to-Debt

For the Steel subindustry, ZBM ZREMB-Chojnice'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.

ZBM ZREMB-Chojnice's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ZBM ZREMB-Chojnice's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where ZBM ZREMB-Chojnice's Cash-to-Debt falls into.

ZBM ZREMB-Chojnice 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.

ZBM ZREMB-Chojnice's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	2.277	/	(4.169	+	1.828)
	=	0.38

ZBM ZREMB-Chojnice's Cash to Debt Ratio for the quarter 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)
	=	1.049	/	(5.586	+	0)
	=	0.19

ZBM ZREMB-Chojnice (WAR:ZRE) 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.

ZBM ZREMB-Chojnice Cash-to-Debt Related Terms

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

ZBM ZREMB-Chojnice (WAR:ZRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ZBM ZREMB-Chojnice SA (WAR:ZRE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Przemyslowa 15, Chojnice, POL, 89-600

Website

http://www.zremb-ch.com.pl

ZBM ZREMB-Chojnice SA is a producer of steel constructions and containers. The company produces containers for shipping and drilling platforms; basket containers for transportation of equipment to drilling platforms, Mini-Mud freight containers for transportation of equipment and food to drilling platform, Borekaks containers for the transportation of waste material, Specialist containers for machine shops, compression shops, generators, Containers and platforms for the Army, Containers for radioactive waste and Steel roof constructions and frames for glazed facades. Its products include reinforced ceiling military containers, field containers, 3IN1 and 2IN1 container, off-shore container, baskets, and mudskips.

ZBM ZREMB-Chojnice (WAR:ZRE) Headlines

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