Zavarovalnica Triglav DD (XLJU:ZVTG) Cash-to-Debt : 1.37 (As of Dec. 2023)

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What is Zavarovalnica Triglav DD 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. Zavarovalnica Triglav DD's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.37.

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, Zavarovalnica Triglav DD could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Zavarovalnica Triglav DD's Cash-to-Debt or its related term are showing as below:

XLJU:ZVTG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.56 Med: 1.37 Max: 4.77
Current: 1.37

During the past 13 years, Zavarovalnica Triglav DD's highest Cash to Debt Ratio was 4.77. The lowest was 0.56. And the median was 1.37.

XLJU:ZVTG's Cash-to-Debt is ranked worse than
55.81% of 482 companies
in the Insurance industry
Industry Median: 1.835 vs XLJU:ZVTG: 1.37

Zavarovalnica Triglav DD Cash-to-Debt Historical Data

The historical data trend for Zavarovalnica Triglav DD'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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Zavarovalnica Triglav DD Cash-to-Debt Chart

Zavarovalnica Triglav DD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.00

1.36

1.03

1.26

1.37

Zavarovalnica Triglav DD Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															2.38	2.01	1.26	1.36	1.37

Competitive Comparison of Zavarovalnica Triglav DD's Cash-to-Debt

For the Insurance - Diversified subindustry, Zavarovalnica Triglav DD'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.

Zavarovalnica Triglav DD's Cash-to-Debt Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zavarovalnica Triglav DD's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Zavarovalnica Triglav DD's Cash-to-Debt falls into.

Zavarovalnica Triglav DD 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.

Zavarovalnica Triglav DD's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	84.421	/	(0	+	61.66)
	=	1.37

Zavarovalnica Triglav DD's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	84.421	/	(0	+	61.66)
	=	1.37

Zavarovalnica Triglav DD (XLJU:ZVTG) 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.

Zavarovalnica Triglav DD Cash-to-Debt Related Terms

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

Zavarovalnica Triglav DD (XLJU:ZVTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zavarovalnica Triglav DD (XLJU:ZVTG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Miklosiceva cesta 19, Ljubljana, SVN, 1000

Website

http://www.triglav.si

Zavarovalnica Triglav DD is an insurance-financial group in Slovenia. The company offers insurance products and services, including property, life, health, and accident insurance. Zavarovalnica Triglav, the controlling company of the Triglav Group operates together with its subsidiaries and associated companies in seven markets and in six countries.

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