Doman Building Materials Group (Doman Building Materials Group) Cash-to-Debt : 0.06 (As of Dec. 2023)

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What is Doman Building Materials Group 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. Doman Building Materials Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.06.

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, Doman Building Materials Group 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 Doman Building Materials Group's Cash-to-Debt or its related term are showing as below:

CWXZF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.06
Current: 0.06

During the past 13 years, Doman Building Materials Group's highest Cash to Debt Ratio was 0.06. The lowest was 0.00. And the median was 0.01.

CWXZF's Cash-to-Debt is ranked worse than
88.73% of 142 companies
in the Industrial Distribution industry
Industry Median: 0.53 vs CWXZF: 0.06

Doman Building Materials Group Cash-to-Debt Historical Data

The historical data trend for Doman Building Materials Group'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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Doman Building Materials Group Cash-to-Debt Chart

Doman Building Materials Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.06

Doman Building Materials Group 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															-	-	-	-	0.06

Competitive Comparison of Doman Building Materials Group's Cash-to-Debt

For the Industrial Distribution subindustry, Doman Building Materials Group'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.

Doman Building Materials Group's Cash-to-Debt Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Doman Building Materials Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Doman Building Materials Group's Cash-to-Debt falls into.

Doman Building Materials Group 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.

Doman Building Materials Group'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)
	=	29.974	/	(179.543	+	331.41)
	=	0.06

Doman Building Materials Group'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)
	=	29.974	/	(179.543	+	331.41)
	=	0.06

Doman Building Materials Group (OTCPK:CWXZF) 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.

Doman Building Materials Group Cash-to-Debt Related Terms

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

Doman Building Materials Group (Doman Building Materials Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Doman Building Materials Group Ltd (OTCPK:CWXZF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

2CW:Germany DBM:Canada

Address

1100 Melville Street, Suite 1600, PO Box 39, Vancouver, BC, CAN, V6E 4A6

Website

https://www.domanbm.com

Doman Building Materials Group Ltd is a wholesale distributor of building materials and home renovation products. The company services the new home construction, home renovation and industrial markets by supplying the retail and wholesale lumber and building materials industry, hardware stores, industrial and furniture manufacturers and similar concerns. Its operations also include timber ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through CanWel Fibre Corp. Its operating segments are Building Materials and Other. Geographically the group has a business presence in Canada and the U.S.

Doman Building Materials Group (Doman Building Materials Group) Headlines

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