Zicom Group (ASX:ZGL) Cash-to-Debt : 0.41 (As of Dec. 2023)

View and export this data going back to 1970. Start your Free Trial

What is Zicom 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. Zicom Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.41.

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

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

ASX:ZGL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 0.67 Max: 2.07
Current: 0.41

During the past 13 years, Zicom Group's highest Cash to Debt Ratio was 2.07. The lowest was 0.27. And the median was 0.67.

ASX:ZGL's Cash-to-Debt is ranked worse than
71.81% of 2976 companies
in the Industrial Products industry
Industry Median: 1.23 vs ASX:ZGL: 0.41

Zicom Group Cash-to-Debt Historical Data

The historical data trend for Zicom 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.

Zicom Group Cash-to-Debt Chart

Zicom Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.66

0.27

0.74

0.55

0.34

Zicom Group 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															0.67	0.55	0.39	0.34	0.41

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

For the Specialty Industrial Machinery subindustry, Zicom 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.

Zicom Group's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zicom Group's Cash-to-Debt distribution charts can be found below:

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

Zicom 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.

Zicom 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)
	=	14.019	/	(29.499	+	11.195)
	=	0.34

Zicom Group'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)
	=	18.589	/	(35.649	+	10.148)
	=	0.41

Zicom Group (ASX:ZGL) 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.

Zicom Group Cash-to-Debt Related Terms

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

Zicom Group (ASX:ZGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zicom Group Ltd (ASX:ZGL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Goodman Place, Murarrie, Brisbane, QLD, AUS, 4172

Website

http://www.zicomgroup.com

Zicom Group Ltd is engaged in the manufacturing of deck machinery, gas metering stations, gas processing plants, foundation equipment, concrete mixers and precision engineered machinery, rental of foundation equipment, supply of automation products and solutions, supply of medtech equipment and products, medtech translation services and services to the offshore marine, oil and gas, construction, electronics, biomedical and agriculture industries. It operates through the following segments: Green Energy, Gas & Marine Equipment, Construction Equipment, Precision Engineering and Technologies, and Industrial and Mobile Hydraulics.

Zicom Group (ASX:ZGL) Headlines

No Headlines