DCX System (BOM:543650) Cash-to-Debt : 2.89 (As of Mar. 2024)

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What is DCX System 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. DCX System's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.89.

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, DCX System could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BOM:543650' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 0.77 Max: 2.89
Current: 2.89

During the past 5 years, DCX System's highest Cash to Debt Ratio was 2.89. The lowest was 0.42. And the median was 0.77.

BOM:543650's Cash-to-Debt is ranked better than
71.01% of 307 companies
in the Aerospace & Defense industry
Industry Median: 0.72 vs BOM:543650: 2.89

DCX System Cash-to-Debt Historical Data

The historical data trend for DCX System'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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DCX System Cash-to-Debt Chart

DCX System Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

0.42

0.63

1.59

0.77

2.89

DCX System Quarterly Data
	Mar20	Mar21	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial							0.77	N/A	1.51	N/A	2.89

Competitive Comparison of DCX System's Cash-to-Debt

For the Aerospace & Defense subindustry, DCX System'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.

DCX System's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, DCX System's Cash-to-Debt distribution charts can be found below:

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

DCX System 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.

DCX System's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 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)
	=	8408.42	/	(2703.93	+	202.04)
	=	2.89

DCX System's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	8408.42	/	(2703.93	+	202.04)
	=	2.89

DCX System (BOM:543650) 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.

DCX System Cash-to-Debt Related Terms

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DCX System (BOM:543650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » DCX System Ltd (BOM:543650) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DCXINDIA:India

Address

Aerospace SEZ Sector, Plot Numbers 29,30 and 107, Hitech Defence and Aerospace Park, Kavadadasanahal Village, Devanahalli Taluk, Bengaluru Rural, KA, IND, 562110

Website

https://www.dcxindia.com

DCX System Ltd is an Indian Defence and aerospace company that manufactures electronic sub-systems and cable harnesses. The company provides a spectrum of services to Aerospace, Land and naval Defence systems, Satellites, and Civil Aviation.

DCX System (BOM:543650) Headlines

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