Digi Communications NV (BSE:DIGI) Cash-to-Debt : 0.07 (As of Jun. 2024)

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What is Digi Communications NV 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. Digi Communications NV's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.07.

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, Digi Communications NV couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

BSE:DIGI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.26
Current: 0.07

During the past 8 years, Digi Communications NV's highest Cash to Debt Ratio was 0.26. The lowest was 0.01. And the median was 0.03.

BSE:DIGI's Cash-to-Debt is ranked worse than
80.37% of 377 companies
in the Telecommunication Services industry
Industry Median: 0.32 vs BSE:DIGI: 0.07

Digi Communications NV Cash-to-Debt Historical Data

The historical data trend for Digi Communications NV'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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Digi Communications NV Cash-to-Debt Chart

Digi Communications NV Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.18

0.13

Digi Communications NV Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.12	0.13	0.09	0.07

Competitive Comparison of Digi Communications NV's Cash-to-Debt

For the Telecom Services subindustry, Digi Communications NV'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.

Digi Communications NV's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Digi Communications NV's Cash-to-Debt distribution charts can be found below:

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

Digi Communications NV 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.

Digi Communications NV'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)
	=	1072.459	/	(1341.424	+	7249.411)
	=	0.12

Digi Communications NV's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	611.02	/	(4137.661	+	5138.09)
	=	0.07

Digi Communications NV (BSE:DIGI) 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.

Digi Communications NV Cash-to-Debt Related Terms

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Digi Communications NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Digi Communications NV (BSE:DIGI) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

75 Dr. Staicovici Street, Forum 2000 Building, Phase I, Fourth Floor, 5th District, Bucharest, ROU

Website

https://www.digi-communications.ro

Digi Communications NV is a provider of telecommunication services. The company provides cable and DTH television services, fixed internet and data and fixed-line telephony. Its fixed telecommunication and entertainment services are offered through fiber optic network in Romania and Hungary. Its cable and satellite (DTH) television offers subscribers custom-made channels and pay TV services, which carry premium movies and sports content. Geographically, it derives a majority of its revenue from Romania.

Digi Communications NV Headlines

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