Triumph Group (Triumph Group) Cash-to-Debt

: 0.10 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

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. Triumph Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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, Triumph 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 Triumph Group's Cash-to-Debt or its related term are showing as below:

TGI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.3
Current: 0.1

During the past 13 years, Triumph Group's highest Cash to Debt Ratio was 0.30. The lowest was 0.01. And the median was 0.03.

TGI's Cash-to-Debt is ranked worse than
86.13% of 310 companies
in the Aerospace & Defense industry
Industry Median: 0.795 vs TGI: 0.10

Triumph Group Cash-to-Debt Historical Data

The historical data trend for Triumph 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.

Triumph Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.06

0.26

0.30

0.15

0.13

Triumph 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																0.07	0.13	0.09	0.10	0.10

Competitive Comparison

For the Aerospace & Defense subindustry, Triumph 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.

Triumph Group Cash-to-Debt Distribution

For the Aerospace & Defense industry and Industrials sector, Triumph Group's Cash-to-Debt distribution charts can be found below:

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

Triumph 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.

Triumph Group'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)
	=	227.403	/	(6.531	+	1703.259)
	=	0.13

Triumph 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)
	=	162.899	/	(3.342	+	1627.81)
	=	0.10

Triumph Group (NYSE:TGI) 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.

Triumph Group Cash-to-Debt Related Terms

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

Triumph Group (Triumph Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Triumph Group Inc (NYSE:TGI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TG7:Germany

Address

555 E Lancaster Avenue, Suite 400, Radnor, PA, USA, 19087

Website

https://www.triumphgroup.com

Triumph Group Inc designs and manufactures a broad portfolio of aerostructures, aircraft components, and systems for the aviation industry. It serves a worldwide customer base of players in the commercial, business, and military markets. The company operates under two operating segments: Systems and Support, which designs, develops, and supports proprietary components; and Interiors, which supplies commercial and regional manufacturers with aircraft interior systems.

Executives

Quigley Thomas A. Iii	officer: Vice President and Controller	C/O TRIUMPH GROUP, INC., 899 CASSATT ROAD, SUITE 210, BERWYN PA 19312
Neal J Keating	director	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Mather Courtney	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Patrick E Allen	director	400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
Daniel J Crowley	director, officer: President & CEO	870 WINTER STREET, WALTHAM MA 02451
Cynthia M Egnotovich	director
Kai W Kasiguran	officer: VP, Controller and PAO	899 CASSATT ROAD, SUITE 210, BERWYN PA 19312
Richard A Goglia	director	870 WINTER STREET, WALTHAM MA 02451
Wick Peter K. A.	officer: EVP, Aerospace Structures	899 CASSATT ROAD, SUITE 210, BERWYN PA 19312
Barbara Humpton	director	899 CASSATT ROAD, SUITE 210, BERWYN PA 19312
Repplier Colleen C	director	1205 KIMBALL BLVD., JASPER IN 47546
William L Mansfield	director	2301 INDUSTRIAL DR., NEENAH WI 54956
Adam Joseph Palmer	director	1001 PENNSYLVANIA AVENUE, NW, SUITE 220 S, WASHINGTON DC 20004
Paul Bourgon	director	1550 LIBERTY RIDGE DRIVE, SUITE 100, WAYNE PA 19464
Daniel P Garton	director	4333 AMON CARTER BLVD, FORT WORTH TX 76155