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. TransDigm Group's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.18.
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, TransDigm 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 TransDigm Group's Cash-to-Debt or its related term are showing as below:
TDG'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.15 Max: 0.24
Current: 0.18
During the past 13 years, TransDigm Group's highest Cash to Debt Ratio was 0.24. The lowest was 0.06. And the median was 0.15.
TransDigm Group Cash-to-Debt Historical Data
The historical data trend for TransDigm 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.
|
TransDigm Group Annual Data
|
|
Trend |
Sep14 |
Sep15 |
Sep16 |
Sep17 |
Sep18 |
Sep19 |
Sep20 |
Sep21 |
Sep22 |
Sep23 |
| Cash-to-Debt |
|
|
|
|
|
|
0.09 |
0.24 |
0.24 |
0.15 |
0.18 |
|
TransDigm Group 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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.17 |
0.16 |
0.16 |
0.18 |
N/A |
Competitive Comparison
For the Aerospace & Defense subindustry, TransDigm 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.
TransDigm Group Cash-to-Debt Distribution
For the Aerospace & Defense industry and Industrials sector, TransDigm Group's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where TransDigm Group's Cash-to-Debt falls into.
TransDigm 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.
TransDigm Group's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:
TransDigm Group's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:
* 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.
TransDigm Group (TransDigm Group) Business Description
Traded in Other Exchanges
Address
1301 East 9th Street, Suite 3000, Cleveland, OH, USA, 44114
TransDigm manufactures and services a diverse set of components and parts for commercial and military aircraft. The firm organizes itself in three segments: a power and control segment, airframes, and a small nonaviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses its portfolio on firms that make proprietary products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.
Executives
| Joel Reiss |
officer: Executive Vice President |
1301 E. 9TH STREET, SUITE 3000, CLEVELAND OH 44114 |
| W Nicholas Howley |
officer: Chief Executive Officer |
C/O TRANSDIGM INC., 1301 EAST NINTH STREET, SUITE 3710, CLEVELAND OH 44114 |
| Michael Lisman |
officer: Chief Financial Officer |
1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114 |
| Robert J Small |
director |
|
| Sean P Hennessy |
director |
C/O THE SHERWIN WILLIAMS CO, 101 PROSPECT AVE NW, CLEVELAND OH 44115 |
| Jorge Valladares |
officer: Pres., Adel Wiggins Group |
ADELWIGGINS GROUP, 5000 TRIGGS STREET, LOS ANGELES CA 90022 |
| Sarah Wynne |
officer: Corporate Accounting Officer |
1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114 |
| Kevin M Stein |
officer: COO - Power |
TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114 |
| Jessica L Warren |
officer: GC, CCO, Secretary |
1301 EAST NINTH STREET, SUITE 3000, CLEVELAND OH 44114 |
| Mervin Dunn |
director |
COMMERCIAL VEHICLE GROUP, INC., 6530 WEST CAMPUS WAY, NEW ALBANY OH 43054 |
| John Staer |
director |
C.F.MOLLERS ALLE 16, 8TV, 2300 COPENHAGEN S G7 DK |
| Jane M. Cronin |
director |
101 W. PROSPECT AVENUE, CLEVELAND OH 44115 |
| Raymond F Laubenthal |
officer: President and COO |
TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3710, CLEVELAND OH 44114 |
| Robert S Henderson |
officer: Exec.V.P. & Pres., AdelWiggins |
ADELWIGGINS GROUP, 5000 TRIGGS STREET, LOS ANGELES CA 90022 |
| Halle Fine Terrion |
officer: GC, CCO, Secretary |
1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114 |
TransDigm Group (TransDigm Group) Headlines
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