ZEAL Network SE (XTER:TIMA) Cash-to-Debt : 2.23 (As of Mar. 2024)

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What is ZEAL Network 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. ZEAL Network SE's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.23.

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, ZEAL Network SE could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

XTER:TIMA' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.95 Med: 18.15 Max: No Debt
Current: 2.23

During the past 13 years, ZEAL Network SE's highest Cash to Debt Ratio was No Debt. The lowest was 1.95. And the median was 18.15.

XTER:TIMA's Cash-to-Debt is ranked better than
69.24% of 816 companies
in the Travel & Leisure industry
Industry Median: 0.595 vs XTER:TIMA: 2.23

ZEAL Network SE Cash-to-Debt Historical Data

The historical data trend for ZEAL Network 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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ZEAL Network SE Cash-to-Debt Chart

ZEAL Network SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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15.11

10.55

5.97

1.95

2.20

ZEAL Network SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															4.31	2.17	2.59	2.20	2.23

Competitive Comparison of ZEAL Network SE's Cash-to-Debt

For the Gambling subindustry, ZEAL Network 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.

ZEAL Network SE's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ZEAL Network SE's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where ZEAL Network SE's Cash-to-Debt falls into.

ZEAL Network 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.

ZEAL Network SE'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)
	=	60.889	/	(9.549	+	18.151)
	=	2.20

ZEAL Network SE's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	97.709	/	(12.779	+	31.115)
	=	2.23

ZEAL Network SE (XTER:TIMA) 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.

ZEAL Network SE Cash-to-Debt Related Terms

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

ZEAL Network SE (XTER:TIMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ZEAL Network SE (XTER:TIMA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TIM:Germany TIMA:Germany TIMA:Germany

Address

Strassenbahnring 11, Hamburg, NI, DEU, 20251

Website

https://www.zealnetwork.de

ZEAL Network SE is a holding company specialized in the area of online lottery. The company offers consumer-facing lottery-based games as well as business-to-business solutions. The operating business segments are Germany and Other. The Germany operating segment comprises the results of the online lottery brokerage business and the Group's charity lotteries in Germany. The Other segment comprises the online lottery operation for the charitable org ONCE in Spain and investment in early-stage start-ups under Zeal ventures. The majority of revenue is derived from the Germany segment.

Executives

Sönke Martens	Board of Directors
Dr. Helmut Wilhelm Becker	Board of Directors
Jonas Mattsson	Board of Directors
Peter Steiner	Supervisory Board
Frank Strauß	Supervisory Board
Oliver Jaster	Supervisory Board

ZEAL Network SE (XTER:TIMA) Headlines

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