Drake & Scull International PJSC (DFM:DSI) Cash-to-Debt : 29.58 (As of Jun. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Drake & Scull International PJSC 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. Drake & Scull International PJSC's cash to debt ratio for the quarter that ended in Jun. 2024 was 29.58.

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, Drake & Scull International PJSC could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Drake & Scull International PJSC's Cash-to-Debt or its related term are showing as below:

DFM:DSI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 29.58
Current: 29.58

During the past 13 years, Drake & Scull International PJSC's highest Cash to Debt Ratio was 29.58. The lowest was 0.01. And the median was 0.04.

DFM:DSI's Cash-to-Debt is ranked better than
90.24% of 1691 companies
in the Construction industry
Industry Median: 0.62 vs DFM:DSI: 29.58

Drake & Scull International PJSC Cash-to-Debt Historical Data

The historical data trend for Drake & Scull International PJSC'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.

* Premium members only.

Drake & Scull International PJSC Cash-to-Debt Chart

Drake & Scull International PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.02

0.01

Drake & Scull International PJSC 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															0.04	0.04	0.01	0.04	29.58

Competitive Comparison of Drake & Scull International PJSC's Cash-to-Debt

For the Engineering & Construction subindustry, Drake & Scull International PJSC'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.

Drake & Scull International PJSC's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Drake & Scull International PJSC's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Drake & Scull International PJSC's Cash-to-Debt falls into.

Drake & Scull International PJSC 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.

Drake & Scull International PJSC'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)
	=	28.576	/	(2058.565	+	6.218)
	=	0.01

Drake & Scull International PJSC'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)
	=	422.584	/	(8.433	+	5.855)
	=	29.58

Drake & Scull International PJSC (DFM:DSI) 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.

Drake & Scull International PJSC Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Drake & Scull International PJSC's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Drake & Scull International PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Drake & Scull International PJSC (DFM:DSI) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

International Media Production Zone, P.O. Box 65794, Dubai, ARE

Website

https://www.drakescull.com

Drake & Scull International PJSC is engaged in carrying out contracting work relating to the construction industry, such as electrical, plumbing, oil and gas, air conditioning and sanitation work in the Middle East, Europe, Asia and North Africa region. The company is organized into business units based on its services and has three reportable business segments, namely, Engineering (Mechanical, Electrical and Plumbing) and Others. The company is geographically distributed in the UAE and Others. The company is presently engaged in carrying out contracting work relating to the construction industry in the United Arab Emirates, Kuwait, Egypt, Germany, Algeria, India, Iraq and Jordan.