Dimerix (ASX:DXB) Cash-to-Debt: 69.63 (As of Jun. 2026) — 50% Below Median

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ASX:DXB Dimerix Ltd ASX:DXB
19 GF Score
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What is Dimerix Cash-to-Debt?

Dimerix ASX:DXB 19 Cash-to-Debt is 69.63 as of Jun. 2026, which is 50% below its 10-year median of 139.76. GuruFocus rates ASX:DXB with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 1,397 Biotechnology companies, Dimerix ranks better than 73.8% on this metric.

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. Dimerix's cash to debt ratio for the quarter that ended in Jun. 2026 was 69.63.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Dimerix could pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.

The historical rank and industry rank for Dimerix's Cash-to-Debt or its related term are showing as below:

ASX:DXB' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.03   Med: 139.76   Max: No Debt
Current: 69.63

During the past 13 years, Dimerix's highest Cash to Debt Ratio was No Debt. The lowest was 1.03. And the median was 139.76.

ASX:DXB's Cash-to-Debt is ranked better than
73.8% of 1397 companies
in the Biotechnology industry
Industry Median: 6.64 vs ASX:DXB: 69.63

Dimerix  (ASX:DXB) 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.


Dimerix Cash-to-Debt Related Terms


Dimerix Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Dimerix'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.

Dimerix Cash-to-Debt Chart

Dimerix Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.92 1.34 147.61 703.96 69.63

Dimerix Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 147.61 135.35 703.96 1,166.24 69.63

ASX:DXB vs VRTX, REGN, MRNA: Cash-to-Debt Comparison

For the Biotechnology subindustry, Dimerix'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.


Dimerix Cash-to-Debt vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Dimerix's Cash-to-Debt distribution charts can be found below:

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


ASX:DXB
19GF Score
Dimerix Ltd ASX:DXB
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Dimerix 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.

Dimerix's Cash to Debt Ratio for the fiscal year that ended in Jun. 2026 is calculated as:

Dimerix's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 69.63 mean?
Dimerix (ASX:DXB) has a Cash-to-Debt of 69.63 as of Jun. 2026. This is 50% below median its historical median of 139.76. Over the past decade, Dimerix's Cash-to-Debt has ranged from 1.03 to 10,000.00. According to the industry distribution chart, Dimerix ranks #366 out of 1397 companies in the Biotechnology industry, placing it in the top 26.2%.
Is Dimerix's Cash-to-Debt too high?
Dimerix's current Cash-to-Debt of 69.63 is 50% below median its 10-year median of 139.76. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 10,000.00. The Biotechnology industry median Cash-to-Debt is 6.64. Dimerix's value of 69.63 is 948.6% above this industry median. Based on the distribution chart, Dimerix ranks #366 out of 1397 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Dimerix has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Dimerix's Cash-to-Debt compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Dimerix ranks #366 out of 1397 companies for Cash-to-Debt. This puts Dimerix in the upper half of its industry. The industry median Cash-to-Debt is 6.64. Dimerix's value of 69.63 is 948.6% above this benchmark. Historically, Dimerix's own Cash-to-Debt has ranged from 1.03 to 10,000.00 over the past decade. While the company's 10-year median is 139.76 vs. the industry median of 6.64, Dimerix has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Biotechnology company?
The median Cash-to-Debt among Biotechnology companies is 6.64, based on 1,397 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dimerix's current Cash-to-Debt of 69.63 is 948.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Biotechnology industry, the median Cash-to-Debt is 6.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dimerix's current Cash-to-Debt is 69.63, which is 50% below median its own 10-year median of 139.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dimerix stock overvalued right now?
Dimerix (ASX:DXB) has a current Cash-to-Debt of 69.63. The current Cash-to-Debt is 69.63, which is 50% below median its 10-year median of 139.76 and 948.6% above the Biotechnology industry median of 6.64. Dimerix's overall GF Score™ is 19/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Dimerix (ASX:DXB), the current Cash-to-Debt is 69.63 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Dimerix Business Description

Address 425 Smith Street, Fitzroy, VIC, AUS, 3065
Dimerix Ltd is a biopharmaceutical company developing new therapies in areas with unmet medical needs. The company is developing four product candidates: DMX-200 for FSGS; DMX-200 for diabetic kidney disease; DMX-200 for ARDS associated with COVID-19; and DMX-700 for COPD, as well as the proprietary ReceptorHIT assay technology. It pursues new product concepts and applies deep scientific knowledge to the discovery of products from early-stage development through to commercialisation. Dimerix products will target multiple territories. The Group has only operated in one Segment, being investment in research and development of biopharmaceutical drugs.
19GF Score

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