Data Storage (Data Storage) Cash-to-Debt : 21.17 (As of Dec. 2023)

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What is Data Storage 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. Data Storage's cash to debt ratio for the quarter that ended in Dec. 2023 was 21.17.

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, Data Storage could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

DTST' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.19 Max: 21.17
Current: 21.17

During the past 13 years, Data Storage's highest Cash to Debt Ratio was 21.17. The lowest was 0.02. And the median was 0.19.

DTST's Cash-to-Debt is ranked better than
74.7% of 2787 companies
in the Software industry
Industry Median: 2.45 vs DTST: 21.17

Data Storage Cash-to-Debt Historical Data

The historical data trend for Data Storage'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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Data Storage Cash-to-Debt Chart

Data Storage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.10

0.27

6.04

6.85

21.17

Data Storage 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	Get a 7-Day Free Trial															6.85	8.62	10.66	14.02	21.17

Competitive Comparison of Data Storage's Cash-to-Debt

For the Information Technology Services subindustry, Data Storage'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.

Data Storage's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Data Storage's Cash-to-Debt distribution charts can be found below:

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

Data Storage 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.

Data Storage'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)
	=	12.747	/	(0.564	+	0.038)
	=	21.17

Data Storage'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)
	=	12.747	/	(0.564	+	0.038)
	=	21.17

Data Storage (NAS:DTST) 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.

Data Storage Cash-to-Debt Related Terms

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

Data Storage (Data Storage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Data Storage Corp (NAS:DTST) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

48 South Service Road, Suite 203, Melville, NY, USA, 11747

Website

https://www.dtst.com

Data Storage Corporation engages in providing cybersecurity, compliance and cloud computing solutions. The company's segment includes Nexxis Inc; Flagship Solutions, LLC and CloudFirst Technologies Corporation and Corporate. It generates maximum revenue from the CloudFirst Technologies Corporation segment. The company's solutions include infrastructure, disaster recovery, email archival, compliance, electronic vaulting, virtualized recovery, telecom recovery services, and continuous data protection.

Executives

Mark Alexander Wyllie	director	980 N. FEDERAL HWY, SUITE 302, BOCA RATON FL 33432
Christos Panagiotakos	officer: Chief Financial Officer	1013 PLANDOME ROAD, MANHASSET NY 11030
Wendy Schmittzeh	other: Secretary	C/O DATA STORAGE CORPORATION, 48 S. SERVICE ROAD, SUITE 203, MELVILLE NY 11747
Matthew Grover	director	C/O DATA STORAGE CORPORATION, 48 S. SERVICE ROAD, SUITE 203, MELVILLE NY 11747
Todd A. Correll	director	222 LAKEVIEW AVENUE, SUITE 1600, WEST PALM BEACH FL 33401
Thomas Kempster	director, 10 percent owner, officer: COO, Pres of Tech Ops & Secy	C/O DATA STORAGE CORPORATION, 68 SOUTH SERVICE ROAD, MELVILLE NY 11747
Harold Schwarts	director, 10 percent owner, officer: President and Treasurer	C/O DATA STORAGE CORPORATION, 68 SOUTH SERVICE ROAD, MELVILLE NY 11747
Charles M. Piluso	director, 10 percent owner, officer: Pres/CEO/CFO/Chairman	C/O DATA STORAGE CORPORATION, 48 S. SERVICE ROAD, SUITE 203, MELVILLE NY 11747
Piluso Family Associates, Llc	10 percent owner	495 MANHASSET WOODS ROAD, MANHASSET NY 11030
Jan Burman	director, 10 percent owner	875 MERRICK AVENUE, WESTBURY NY 11590
John F. Coghlan	director, 10 percent owner	36 VASSAR PLACE, ROCKVILLE CENTRE NY 11570
Clifford Stein	director	5345 PINE TREE DRIVE, MIAMI BEACH FL 33140
Joseph B. Hoffman	director	9204 REDWOOD AVE, BETHESDA MD 20817
Matthew P Grosso	officer: Secretary, Treasurer and, other: Vice President	19 HASTING DRIVE, STONY BROOK NY 11790
Peter W Briggs	officer: Vice President	152 CROMPTON AVENUE #4, EAST GREENWICH RI 02818