Colt CZ Group SE (XPRA:CZG) Cash-to-Debt : 0.48 (As of Sep. 2023)

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What is Colt CZ Group SE 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. Colt CZ Group SE's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.48.

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

XPRA:CZG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 0.49 Max: 0.99
Current: 0.48

During the past 6 years, Colt CZ Group SE's highest Cash to Debt Ratio was 0.99. The lowest was 0.21. And the median was 0.49.

XPRA:CZG's Cash-to-Debt is ranked worse than
55.67% of 300 companies
in the Aerospace & Defense industry
Industry Median: 0.765 vs XPRA:CZG: 0.48

Colt CZ Group SE Cash-to-Debt Historical Data

The historical data trend for Colt CZ Group SE'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.

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Colt CZ Group SE Cash-to-Debt Chart

Colt CZ Group SE Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.59

0.34

0.99

0.49

Colt CZ Group SE Quarterly Data
	Dec17	Dec18	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial														0.52	0.49	0.49	0.52	0.48

Competitive Comparison of Colt CZ Group SE's Cash-to-Debt

For the Aerospace & Defense subindustry, Colt CZ Group SE'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.

Colt CZ Group SE's Cash-to-Debt Distribution in the Aerospace & Defense Industry

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

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

Colt CZ Group SE 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.

Colt CZ Group SE's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	3582.615	/	(232.536	+	7019.694)
	=	0.49

Colt CZ Group SE's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	4457.8	/	(138.474	+	9143.22)
	=	0.48

Colt CZ Group SE (XPRA:CZG) 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.

Colt CZ Group SE Cash-to-Debt Related Terms

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Colt CZ Group SE (XPRA:CZG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Colt CZ Group SE (XPRA:CZG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CZGZF:USA 6QS:Germany

Address

Opletalova 1284/37, Praha 1, Nove Mesto, Prague, CZE, 110 00

Website

https://www.coltczgroup.com

Colt CZ Group SE is engaged in the defense sector. The company is a producer of firearms for military and law enforcement, personal defense, hunting, sport shooting, and other civilian use. The firm's operating segments are Production, purchase, and sale of firearms and accessories which contributes the majority of revenue and other segments.

Colt CZ Group SE (XPRA:CZG) Headlines

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