ZOOZ (Zooz Power) Cash-to-Debt : 1.91 (As of Dec. 2024)

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What is Zooz Power 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. Zooz Power's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.91.

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, Zooz Power could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

ZOOZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.91 Med: 4.96 Max: 13.08
Current: 1.91

During the past 4 years, Zooz Power's highest Cash to Debt Ratio was 13.08. The lowest was 1.91. And the median was 4.96.

ZOOZ's Cash-to-Debt is ranked better than
75.86% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 0.45 vs ZOOZ: 1.91

Zooz Power Cash-to-Debt Historical Data

The historical data trend for Zooz Power'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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Zooz Power Cash-to-Debt Chart

Zooz Power Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

N/A

13.08

4.96

1.91

Zooz Power Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	13.08	N/A	4.96	2.76	1.91

Competitive Comparison of Zooz Power's Cash-to-Debt

For the Specialty Retail subindustry, Zooz Power'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.

Zooz Power's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zooz Power's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Zooz Power's Cash-to-Debt falls into.

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Zooz Power 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.

Zooz Power'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)
	=	7.532	/	(3.355	+	0.598)
	=	1.91

Zooz Power'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)
	=	7.532	/	(3.355	+	0.598)
	=	1.91

Zooz Power (NAS:ZOOZ) 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.

Zooz Power Cash-to-Debt Related Terms

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Zooz Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zooz Power Ltd (NAS:ZOOZ) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

ZOOZ:Israel

Address

4B Hamelacha Street, Lod, ISR, 7152008

Website

https://www.zoozpower.com

Zooz Power Ltd is a provider of Flywheel-based Power Boosting solutions enabling widespread deployment of ultra-fast charging infrastructure for electric vehicles (EV) while overcoming existing grid limitations. ZOOZ pioneers its flywheel-based power boosting technology, enabling efficient utilization and power management of a power-limited grid at an EV charging site. Its Flywheel technology allows high-performance, reliable, and cost-effective ultra-fast charging infrastructure. ZOOZ Power's sustainable, power-boosting solutions are built with longevity and the environment in mind, helping its customers and partners accelerate the deployment of fast-charging infrastructure, thus facilitating improved utilization rates, efficiency and greater flexibility.