Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Cash-to-Debt : 0.16 (As of Sep. 2023)

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What is Zapp Electric Vehicles 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. Zapp Electric Vehicles Group's cash to debt ratio for the quarter that ended in Sep. 2023 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, Zapp Electric Vehicles Group couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

ZAPPW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.72 Max: 5.17
Current: 0.16

During the past 4 years, Zapp Electric Vehicles Group's highest Cash to Debt Ratio was 5.17. The lowest was 0.16. And the median was 0.72.

ZAPPW's Cash-to-Debt is ranked worse than
78.25% of 1301 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs ZAPPW: 0.16

Zapp Electric Vehicles Group Cash-to-Debt Historical Data

The historical data trend for Zapp Electric Vehicles 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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Zapp Electric Vehicles Group Cash-to-Debt Chart

Zapp Electric Vehicles Group Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

1.18

0.27

5.17

0.16

Zapp Electric Vehicles Group Semi-Annual Data
	Sep20	Sep21	Sep22	Sep23
Cash-to-Debt	1.18	0.27	5.17	0.16

Competitive Comparison of Zapp Electric Vehicles Group's Cash-to-Debt

For the Auto Manufacturers subindustry, Zapp Electric Vehicles 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.

Zapp Electric Vehicles Group's Cash-to-Debt Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Zapp Electric Vehicles Group's Cash-to-Debt falls into.

Zapp Electric Vehicles 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.

Zapp Electric Vehicles Group's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	0.823	/	(3.814	+	1.32)
	=	0.16

Zapp Electric Vehicles Group's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	0.823	/	(3.814	+	1.32)
	=	0.16

Zapp Electric Vehicles Group (NAS:ZAPPW) 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.

Zapp Electric Vehicles Group Cash-to-Debt Related Terms

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Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zapp Electric Vehicles Group Ltd (NAS:ZAPPW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ZAPP:USA

Address

87/1 Wireless Road, 26/F Capital Tower, All Seasons Place, Lumpini, Patumwan, Bangkok, THA, 10330

Website

https://www.zappev.com

Zapp Electric Vehicles Group Ltd designs, manufactures and sells high performance electric vehicles, including maintenance and repair of electric vehicles and related parts and accessories.

Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Headlines

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