Zee Entertainment Enterprises (NSE:ZEEL) Cash-to-Debt : N/A (As of Dec. 2023)

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What is Zee Entertainment Enterprises 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. Zee Entertainment Enterprises's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

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

NSE:ZEEL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.89 Med: 78.61 Max: No Debt
Current: 3.85

During the past 13 years, Zee Entertainment Enterprises's highest Cash to Debt Ratio was No Debt. The lowest was 0.89. And the median was 78.61.

NSE:ZEEL's Cash-to-Debt is ranked better than
64.84% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.26 vs NSE:ZEEL: 3.85

Zee Entertainment Enterprises Cash-to-Debt Historical Data

The historical data trend for Zee Entertainment Enterprises'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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Zee Entertainment Enterprises Cash-to-Debt Chart

Zee Entertainment Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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649.81

11.53

45.61

16.10

2.57

Zee Entertainment Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	2.57	N/A	3.85	N/A

Competitive Comparison of Zee Entertainment Enterprises's Cash-to-Debt

For the Broadcasting subindustry, Zee Entertainment Enterprises'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.

Zee Entertainment Enterprises's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zee Entertainment Enterprises's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Zee Entertainment Enterprises's Cash-to-Debt falls into.

Zee Entertainment Enterprises 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.

Zee Entertainment Enterprises'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)
	=	7233	/	(653	+	2167)
	=	2.56

Zee Entertainment Enterprises's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Zee Entertainment Enterprises (NSE:ZEEL) 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.

Zee Entertainment Enterprises Cash-to-Debt Related Terms

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Zee Entertainment Enterprises (NSE:ZEEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Zee Entertainment Enterprises Ltd (NSE:ZEEL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

505537:India

Address

N.M. Joshi Marg, 18th Floor, A-Wing, Marathon Futurex, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.zee.com

Zee Entertainment Enterprises Ltd is a broadcasting television company that provides media and entertainment services. Zee generates revenue from Advertisement, Subscription, Theatrical revenue, Sale of media content, Transmission revenue and Commission. The company controls a suite of television channels that broadcast in many different languages. Furthermore, Zee Entertainment produces and distributes feature films, develops digital online offerings, and produces and sells for live entertainment events. It operates in five business Broadcast, Digital, Movies, Music and Sports. The company earns the vast majority of its revenue in India.

Zee Entertainment Enterprises (NSE:ZEEL) Headlines

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