DLT Resolution (DLT Resolution) Cash-to-Debt : 0.12 (As of Jun. 2023)

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What is DLT Resolution 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. DLT Resolution's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.12.

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, DLT Resolution couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

DLTI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.1 Max: 4.6
Current: 0.12

During the past 13 years, DLT Resolution's highest Cash to Debt Ratio was 4.60. The lowest was 0.00. And the median was 0.10.

DLTI's Cash-to-Debt is ranked worse than
90.41% of 2805 companies
in the Software industry
Industry Median: 2.57 vs DLTI: 0.12

DLT Resolution Cash-to-Debt Historical Data

The historical data trend for DLT Resolution'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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DLT Resolution Cash-to-Debt Chart

DLT Resolution Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.15

0.13

0.05

0.25

0.10

DLT Resolution Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.42	0.08	0.10	0.03	0.12

Competitive Comparison of DLT Resolution's Cash-to-Debt

For the Information Technology Services subindustry, DLT Resolution'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.

DLT Resolution's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, DLT Resolution's Cash-to-Debt distribution charts can be found below:

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

DLT Resolution 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.

DLT Resolution's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	0.012	/	(0.111	+	0.005)
	=	0.10

DLT Resolution's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	0.014	/	(0.112	+	0.005)
	=	0.12

DLT Resolution (OTCPK:DLTI) 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.

DLT Resolution Cash-to-Debt Related Terms

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DLT Resolution (DLT Resolution) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DLT Resolution Inc (OTCPK:DLTI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5940 South Rainbow Boulevard, Suite 400-32132, Las Vegas, NV, USA, 89118

Website

https://www.dltresolution.com

DLT Resolution Inc operates in three industry segments: Blockchain Applications; Telecommunications; and Data Services which includes Image Capture, Data Collection, Data Phone Center Services, and Payment Processing. It offers secure data management, Information Technology (IT) and other telecommunications services in Canada and the United States. The company helps organizations that have invoices, ledgers, statements, applications, surveys, employee and customer rewards programs and a wide range of other non-core functions benefit from data management. It also operates a Health Information Exchange providing the ability to request and retrieve medical information & records while meeting all of today's Security & Compliance demands for HIPAA, PIPEDA and PHIPA.