Digital Ally (Digital Ally) Cash-to-Debt

: 0.07 (As of Dec. 2023)

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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. Digital Ally's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.

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

DGLY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 1.47 Max: No Debt
Current: 0.07

During the past 13 years, Digital Ally's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 1.47.

DGLY's Cash-to-Debt is ranked worse than
94.55% of 587 companies
in the Interactive Media industry
Industry Median: 4.59 vs DGLY: 0.07

Digital Ally Cash-to-Debt Historical Data

The historical data trend for Digital Ally'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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Digital Ally Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.18

4.38

14.70

1.99

0.07

Digital Ally 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																1.99	1.09	1.04	0.38	0.07

Competitive Comparison

For the Internet Content & Information subindustry, Digital Ally'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.

Digital Ally Cash-to-Debt Distribution

For the Interactive Media industry and Communication Services sector, Digital Ally's Cash-to-Debt distribution charts can be found below:

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

Digital Ally 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.

Digital Ally'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)
	=	0.681	/	(4.24	+	5.681)
	=	0.07

Digital Ally'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)
	=	0.681	/	(4.24	+	5.681)
	=	0.07

Digital Ally (NAS:DGLY) 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.

Digital Ally Cash-to-Debt Related Terms

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

Digital Ally (Digital Ally) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Digital Ally Inc (NAS:DGLY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

14001 Marshall Drive, Lenexa, KS, USA, 66215

Website

https://www.digitalallyinc.com

Digital Ally Inc produces digital video imaging and storage products for use in law enforcement, security, and commercial applications. Its products are an in-car digital video/audio recorder contained in a rear-view mirror for use in law enforcement and commercial fleets. It can integrate electronic, radio, computer and multi-media technologies to create solutions to address needs in a variety of other industries and markets, including mass transit, school bus, taxicab and military. The company sells its products to law enforcement agencies and other security organizations and consumer and commercial fleet operators through direct sales domestically and third-party distributors internationally. It has three segments: Video Solutions Segment, Revenue Cycle Management and Ticketing Segment.

Executives

Daniel Duke Daughtery	director	C/O DIGITAL ALLY, INC., 14001 MARSHALL DRIVE, LENEXA KS 66215
Hoffmann Christian J. Iii	director	ONE RENAISSANCE SQUARE, TWO NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Peng Han	officer: Chief Operating Officer	9301 W 144TH TERRACE, OVERLAND PARK KS 66221
Stanton E Ross	director, officer: Chairman, President, and CEO	15612 COLLEGE BLVD., LENEXA KS 66219
Daniel F Hutchins	director	11900 COLLEGE BOULEVARD, SUITE 310, OVERLAND PARK KS 66210
Thomas J Heckman	officer: CFO, Treasurer & Secretary	15612 COLLEGE BLVD., LENEXA KS 66219
Michael Caufield	officer: VP of Strategic Development	15612 COLLEGE BLVD., LENEXA KS 66219
Leroy C Richie	director	15612 COLLEGE BLVD., LENEXA KS 66219
Elliot M Kaplan	director	9705 LOIRET BLVD., LENEXA KS 66219
Stephen Gans	director, 10 percent owner	14850 NW 44TH COURT, OPA LOCKA FL 33054
Steven Phillips	officer: Vice President of Engineering	9705 LOIRET BLVD., LENEXA KS 66219
Bernard A Bianchino	director	9601 W. 156TH STREET, OVERLAND PARK KS 66221
Edward Smith	officer: Vice President of Operations	7311 W 130TH STREET, SUITE 170, OVERLAND PARK KS 66213
Kenneth L Mccoy	officer: Vice President of Marketing	7311 W. 130TH, SUITE 170, OVERLAND PARK KS 66213
Robert D Haler	officer: Exec Vice Pres, of Product Dev	7311 WEST 130TH, SUITE 170, OVERLAND PARK KS 66213