Diversified Royalty (Diversified Royalty) Cash-to-Debt : 0.01 (As of Dec. 2023)

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What is Diversified Royalty 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. Diversified Royalty's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

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

BEVFF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.11 Max: 2.32
Current: 0.01

During the past 13 years, Diversified Royalty's highest Cash to Debt Ratio was 2.32. The lowest was 0.01. And the median was 0.11.

BEVFF's Cash-to-Debt is ranked worse than
99.23% of 522 companies
in the Conglomerates industry
Industry Median: 0.49 vs BEVFF: 0.01

Diversified Royalty Cash-to-Debt Historical Data

The historical data trend for Diversified Royalty'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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Diversified Royalty Cash-to-Debt Chart

Diversified Royalty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.02

0.06

0.05

0.04

0.01

Diversified Royalty 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															0.04	0.02	0.03	0.04	0.01

Competitive Comparison of Diversified Royalty's Cash-to-Debt

For the Conglomerates subindustry, Diversified Royalty'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.

Diversified Royalty's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Diversified Royalty's Cash-to-Debt distribution charts can be found below:

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

Diversified Royalty 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.

Diversified Royalty'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)
	=	3.005	/	(12.473	+	214.99)
	=	0.01

Diversified Royalty'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)
	=	3.005	/	(12.473	+	214.99)
	=	0.01

Diversified Royalty (OTCPK:BEVFF) 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.

Diversified Royalty Cash-to-Debt Related Terms

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Diversified Royalty (Diversified Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Diversified Royalty Corp (OTCPK:BEVFF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BEW:Germany DIV:Canada

Address

609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1

Website

https://www.diversifiedroyaltycorp.com

Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment strategy, the firm always purchases trademarks of the companies it is going to acquire. The company gives its partners the benefit of full operational control of their business, participation in the growth of their company, and tax deductibility on royal payments. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.