ICZOOM Group (ICZOOM Group) Cash-to-Debt : 0.07 (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is ICZOOM Group 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. ICZOOM Group's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.07.

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, ICZOOM Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

IZM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.2 Max: 0.39
Current: 0.07

During the past 5 years, ICZOOM Group's highest Cash to Debt Ratio was 0.39. The lowest was 0.07. And the median was 0.20.

IZM's Cash-to-Debt is ranked worse than
95.87% of 2472 companies
in the Hardware industry
Industry Median: 1.365 vs IZM: 0.07

ICZOOM Group Cash-to-Debt Historical Data

The historical data trend for ICZOOM 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.

* Premium members only.

ICZOOM Group Cash-to-Debt Chart

ICZOOM Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.20

0.39

0.24

0.09

0.07

ICZOOM Group Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial				0.24	0.09	0.09	0.06	0.07

Competitive Comparison of ICZOOM Group's Cash-to-Debt

For the Electronics & Computer Distribution subindustry, ICZOOM 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.

ICZOOM Group's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ICZOOM Group's Cash-to-Debt distribution charts can be found below:

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

ICZOOM 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.

ICZOOM Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	1.11	/	(14.547	+	0.375)
	=	0.07

ICZOOM Group's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	1.11	/	(14.547	+	0.375)
	=	0.07

ICZOOM Group (NAS:IZM) 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.

ICZOOM Group Cash-to-Debt Related Terms

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

ICZOOM Group (ICZOOM Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ICZOOM Group Inc (NAS:IZM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7018 Cai Tian Road, Room 3801, Building A, Sunhope e·METRO, Futian District, Guangdong, Shenzhen, CHN, 518000

Website

http://www.iczoomex.com

ICZOOM Group Inc is engaged in the sale of electronic component products to customers in China. These products are used by small and medium-sized enterprises (SMEs) in the consumer electronic industry, Internet of Things (IoT), automotive electronics, and industrial control segment. In addition to the sales of electronic component products, also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance and charges them additional service commission fees. The company earns maximum revenue from sale of electronic components.