VZ Holding AG (XSWX:VZN) Cash-to-Debt : 2.83 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is VZ Holding AG 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. VZ Holding AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.83.

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, VZ Holding AG could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XSWX:VZN' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.75 Med: 3.52 Max: 9.78
Current: 2.83

During the past 13 years, VZ Holding AG's highest Cash to Debt Ratio was 9.78. The lowest was 1.75. And the median was 3.52.

XSWX:VZN's Cash-to-Debt is ranked worse than
53.56% of 1475 companies
in the Asset Management industry
Industry Median: 5.39 vs XSWX:VZN: 2.83

VZ Holding AG Cash-to-Debt Historical Data

The historical data trend for VZ Holding AG'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.

* Premium members only.

VZ Holding AG Cash-to-Debt Chart

VZ Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

2.60

1.80

1.75

2.55

2.83

VZ Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.75	2.27	2.55	3.26	2.83

Competitive Comparison of VZ Holding AG's Cash-to-Debt

For the Asset Management subindustry, VZ Holding AG'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.

VZ Holding AG's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, VZ Holding AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where VZ Holding AG's Cash-to-Debt falls into.

VZ Holding AG 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.

VZ Holding AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	1563.741	/	(55.714	+	497.638)
	=	2.83

VZ Holding AG's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	1563.741	/	(55.714	+	497.638)
	=	2.83

VZ Holding AG (XSWX:VZN) 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.

VZ Holding AG Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of VZ Holding AG's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

VZ Holding AG (XSWX:VZN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » VZ Holding AG (XSWX:VZN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

VZNz:UK

Address

Gotthardstrasse 6, Zurich, CHE, 8002

Website

https://www.vzch.com

VZ Holding AG offers financial advisory services for individuals and companies in many areas. The group helps clients plan retirement, investments, and it helps with mortgage financing. VZ also provides assistance with tax optimization. Corporate clients are assisted with benefits planning and risk management. As a holding company, VZ depends on its host of subsidiaries to bring a wealth of services to clients. Altogether, the group delivers assistance with insurance questions, administers and services mortgages, and engages in bank depository activities. Revenue is primarily earned from management fees on assets under management.

VZ Holding AG (XSWX:VZN) Headlines

No Headlines