Vodafone Group (LSE:VOD) Cash-to-Debt

: 0.20 (As of Sep. 2023)

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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. Vodafone Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.20.

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, Vodafone 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 Vodafone Group's Cash-to-Debt or its related term are showing as below:

LSE:VOD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.17 Med: 0.27 Max: 0.5
Current: 0.2

During the past 13 years, Vodafone Group's highest Cash to Debt Ratio was 0.50. The lowest was 0.17. And the median was 0.27.

LSE:VOD's Cash-to-Debt is ranked worse than
61.14% of 386 companies
in the Telecommunication Services industry
Industry Median: 0.37 vs LSE:VOD: 0.20

Vodafone Group Cash-to-Debt Historical Data

The historical data trend for Vodafone 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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Vodafone Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.48

0.26

0.18

0.22

0.30

Vodafone Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt																0.20	0.22	0.20	0.30	0.20

Competitive Comparison

For the Telecom Services subindustry, Vodafone 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.

Vodafone Group Cash-to-Debt Distribution

For the Telecommunication Services industry and Communication Services sector, Vodafone Group's Cash-to-Debt distribution charts can be found below:

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

Vodafone 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.

Vodafone Group's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	16306.201	/	(8676.702	+	45583.786)
	=	0.30

Vodafone 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)
	=	11266.297	/	(10641.972	+	45459.27)
	=	0.20

Vodafone Group (LSE:VOD) 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.

Vodafone Group Cash-to-Debt Related Terms

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Vodafone Group (LSE:VOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vodafone Group PLC (LSE:VOD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

VODPF:USA VOD:USA VOD N:Mexico VODl:UK VODI:Germany V1OD34:Brazil VOD:Austria VOD:Argentina

Address

Vodafone House, The Connection, Newbury, Berkshire, GBR, RG14 2FN

Website

https://www.vodafone.com

Vodafone operates mobile and fixed-line networks and businesses in more than 20 countries. Its largest market is Germany, where it is the second mobile operator after Deutsche Telekom and owns a cable network after acquiring Kabel Deutschland in 2013 and Liberty Global Germany in 2019. In the U.K. and Italy, it acts as a mobile operator, while in Spain it offers converged services after the acquisition of cable operator Ono in 2014. Vodafone also has operations in several Central European and African countries, which combined represent around one third of revenue.