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DHT HoldingsDHT +2.23%60 Cash-to-Debt is 0.37 as of Jun. 2026, which is 147% above its 10-year median of 0.15. GuruFocus rates DHT with a GF Score™ of 60/100 and a GF Value™ of $14.83 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 985 Oil & Gas companies, DHT Holdings ranks worse than 56.14% 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. DHT Holdings's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.37.
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, DHT Holdingscouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for DHT Holdings's Cash-to-Debt or its related term are showing as below:
DHT'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.15 Max: 0.37
Current: 0.37
During the past 13 years, DHT Holdings's highest Cash to Debt Ratio was 0.37. The lowest was 0.08. And the median was 0.15.
DHT's Cash-to-Debt is ranked worse than 56.14% of 985
companies
in the Oil & Gas industry
Industry Median: 0.51
vs DHT: 0.37
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.
DHT Holdings Cash-to-Debt Related Terms
DHT Holdings Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for DHT Holdings'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.
For the Oil & Gas Midstream subindustry, DHT Holdings'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.
DHT Holdings Cash-to-Debt vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DHT Holdings's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where DHT Holdings's Cash-to-Debt falls into.
* 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.
DHT Holdings (DHT) has a Cash-to-Debt of 0.37 as of Jun. 2026. This is 147% above median its historical median of 0.15. Over the past decade, DHT Holdings' Cash-to-Debt has ranged from 0.08 to 0.37. According to the industry distribution chart, DHT Holdings ranks #553 out of 985 companies in the Oil & Gas industry, placing it in the top 56.1%.
Is DHT Holdings' Cash-to-Debt too high?
DHT Holdings' current Cash-to-Debt of 0.37 is 147% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.37. The Oil & Gas industry median Cash-to-Debt is 0.51. DHT Holdings' value of 0.37 is 27.5% below this industry median. Based on the distribution chart, DHT Holdings ranks #553 out of 985 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, DHT Holdings has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHT Holdings' Cash-to-Debt compare to TNK and KNTK?
According to the Oil & Gas industry distribution chart, DHT Holdings ranks #553 out of 985 companies for Cash-to-Debt. This places DHT Holdings in the lower half of its industry. The industry median Cash-to-Debt is 0.51. DHT Holdings' value of 0.37 is 27.5% below this benchmark. Historically, DHT Holdings' own Cash-to-Debt has ranged from 0.08 to 0.37 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.51, DHT Holdings has consistently been below 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 an Oil & Gas company?
The median Cash-to-Debt among Oil & Gas companies is 0.51, based on 985 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. DHT Holdings's current Cash-to-Debt of 0.37 is 27.5% below 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 Oil & Gas industry, the median Cash-to-Debt is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHT Holdings's current Cash-to-Debt is 0.37, which is 147% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHT Holdings stock overvalued right now?
Based on GuruFocus' analysis, DHT Holdings (DHT) is currently considered Modestly Overvalued. The stock's GF Value™ is $14.83, compared to a current price of $18.76 — trading 26.5% above its estimated fair value. The current Cash-to-Debt is 0.37, which is 147% above median its 10-year median of 0.15 and 27.5% below the Oil & Gas industry median of 0.51. DHT Holdings' overall GF Score™ is 60/100 with 4 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 DHT Holdings (DHT), the current Cash-to-Debt is 0.37 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.
Is DHT Holdings (DHT) Overvalued in 2026?
Based on GuruFocus' analysis, DHT Holdings stock appears to be overvalued.
The current stock price of $18.76 is trading 26.5% above its estimated GF Value™ of $14.83.
GuruFocus considers DHT Holdings to be Modestly Overvalued.
Key valuation signals for DHT:
Cash-to-Debt: 0.37 (147% above median its 10-year median of 0.15)
GF Value™: $14.83 vs. price of $18.76 (26.5% above fair value)
Industry Position: 27.5% below the Oil & Gas median (#553 of 985)
No single metric tells the full story. See the DHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DHT Holdings Inc is a crude oil tanker company. The company's primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of VLCC crude oil tankers. The group generates revenues from time charter and spot market operations. It operates vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. The company generates the majority of its revenue from Voyage charter revenues.
60GF Score
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