Duxton Water (ASX:D2O) Cash-to-Debt : 0.02 (As of Dec. 2023)

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What is Duxton Water 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. Duxton Water's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.

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

ASX:D2O' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 1.44
Current: 0.02

During the past 7 years, Duxton Water's highest Cash to Debt Ratio was 1.44. The lowest was 0.01. And the median was 0.03.

ASX:D2O's Cash-to-Debt is ranked worse than
90.41% of 490 companies
in the Utilities - Regulated industry
Industry Median: 0.26 vs ASX:D2O: 0.02

Duxton Water Cash-to-Debt Historical Data

The historical data trend for Duxton Water'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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Duxton Water Cash-to-Debt Chart

Duxton Water Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.01

0.03

0.06

0.01

0.02

Duxton Water Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial									0.06	0.03	0.01	-	0.02

Competitive Comparison of Duxton Water's Cash-to-Debt

For the Utilities - Regulated Water subindustry, Duxton Water'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.

Duxton Water's Cash-to-Debt Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Duxton Water's Cash-to-Debt distribution charts can be found below:

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

Duxton Water 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.

Duxton Water'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)
	=	1.832	/	(0	+	116.5)
	=	0.02

Duxton Water'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)
	=	1.832	/	(0	+	116.5)
	=	0.02

Duxton Water (ASX:D2O) 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.

Duxton Water Cash-to-Debt Related Terms

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Duxton Water (ASX:D2O) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Duxton Water Ltd (ASX:D2O) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

7 Pomona Road, Duxton House, Stirling, SA, AUS, 5152

Website

https://www.duxtonwater.com.au

Duxton Water Ltd invests in Australian Water Entitlements. It owns and manages a portfolio of water assets and provided irrigators a range of water supply solutions. The company is engaged in water supply licenses, leases, buying and selling, and other related services. Its operating segment includes Permanent Water; Temporary Water; and Unallocated, of which key revenue is derived from the Permanent Water segment.

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