DT Cloud Acquisition (DT Cloud Acquisition) Cash-to-Debt : 0.32 (As of Dec. 2023)

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What is DT Cloud Acquisition 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. DT Cloud Acquisition's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.32.

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, DT Cloud Acquisition 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 DT Cloud Acquisition's Cash-to-Debt or its related term are showing as below:

DYCQ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.32 Med: 0.32 Max: 0.32
Current: 0.32

During the past 2 years, DT Cloud Acquisition's highest Cash to Debt Ratio was 0.32. The lowest was 0.32. And the median was 0.32.

DYCQ's Cash-to-Debt is ranked worse than
65.41% of 477 companies
in the Diversified Financial Services industry
Industry Median: 2.83 vs DYCQ: 0.32

DT Cloud Acquisition Cash-to-Debt Historical Data

The historical data trend for DT Cloud Acquisition'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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DT Cloud Acquisition Cash-to-Debt Chart

DT Cloud Acquisition Annual Data

Trend

Dec22

Dec23

Cash-to-Debt

0.32

DT Cloud Acquisition Quarterly Data
	Jul22	Dec22	Dec23
Cash-to-Debt	-	-	0.32

Competitive Comparison of DT Cloud Acquisition's Cash-to-Debt

For the Shell Companies subindustry, DT Cloud Acquisition'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.

DT Cloud Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, DT Cloud Acquisition's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where DT Cloud Acquisition's Cash-to-Debt falls into.

DT Cloud Acquisition 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.

DT Cloud Acquisition'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)
	=	0.07	/	(0.218	+	0)
	=	0.32

DT Cloud Acquisition'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)
	=	0.07	/	(0.218	+	0)
	=	0.32

DT Cloud Acquisition (NAS:DYCQ) 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.

DT Cloud Acquisition Cash-to-Debt Related Terms

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DT Cloud Acquisition (DT Cloud Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » DT Cloud Acquisition Corp (NAS:DYCQ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Orange Street, London, GBR, WC2H 7HF

Website

DT Cloud Acquisition Corp is a newly incorporated blank check company.

DT Cloud Acquisition (DT Cloud Acquisition) Headlines

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