Diversified United Investment (ASX:DUI) Cash-to-Debt : 0.10 (As of Dec. 2023)

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What is Diversified United Investment 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 United Investment's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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 United Investment 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 United Investment's Cash-to-Debt or its related term are showing as below:

ASX:DUI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 0.77
Current: 0.1

During the past 13 years, Diversified United Investment's highest Cash to Debt Ratio was 0.77. The lowest was 0.02. And the median was 0.11.

ASX:DUI's Cash-to-Debt is ranked worse than
83.47% of 1476 companies
in the Asset Management industry
Industry Median: 5.515 vs ASX:DUI: 0.10

Diversified United Investment Cash-to-Debt Historical Data

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

Diversified United Investment Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.77

0.46

0.04

0.07

0.11

Diversified United Investment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.07	0.02	0.11	0.10

Competitive Comparison of Diversified United Investment's Cash-to-Debt

For the Asset Management subindustry, Diversified United Investment'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 United Investment's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Diversified United Investment's Cash-to-Debt distribution charts can be found below:

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

Diversified United Investment Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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 United Investment's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	9.821	/	(0	+	90)
	=	0.11

Diversified United Investment's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	9.664	/	(16	+	77.5)
	=	0.10

Diversified United Investment (ASX:DUI) 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 United Investment Cash-to-Debt Related Terms

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

Diversified United Investment (ASX:DUI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Diversified United Investment Ltd (ASX:DUI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Collins Street, Level 20, Melbourne, VIC, AUS, 3000

Website

http://www.dui.com.au

Diversified United Investment Ltd is an investment company which invests mainly in Australian equities and international equities. The company's objective is to continue to provide shareholders with dividends and capital appreciation over the longer term within acceptable levels of risk. The company has its maximum allocation in Australian Equities.

Diversified United Investment (ASX:DUI) Headlines

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