DTII (Defense Technologies International) Cash-to-Debt : 0.00 (As of Jul. 2024)

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

What is Defense Technologies International 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. Defense Technologies International's cash to debt ratio for the quarter that ended in Jul. 2024 was 0.00.

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, Defense Technologies International couldn't pay off its debt using the cash in hand for the quarter that ended in Jul. 2024.

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

During the past 13 years, Defense Technologies International's highest Cash to Debt Ratio was 0.10. The lowest was 0.00. And the median was 0.01.

DTII's Cash-to-Debt is not ranked ^*
in the Business Services industry.
Industry Median: 1.02
* Ranked among companies with meaningful Cash-to-Debt only.

Defense Technologies International Cash-to-Debt Historical Data

The historical data trend for Defense Technologies International'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.

Defense Technologies International Cash-to-Debt Chart

Defense Technologies International Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Cash-to-Debt

Get a 7-Day Free Trial

0.06

0.04

0.01

Defense Technologies International Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Cash-to-Debt	Get a 7-Day Free Trial															-	0.01	-	-	-

Competitive Comparison of Defense Technologies International's Cash-to-Debt

For the Security & Protection Services subindustry, Defense Technologies International'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.

Defense Technologies International's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Defense Technologies International's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Defense Technologies International's Cash-to-Debt falls into.

Defense Technologies International 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.

Defense Technologies International's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	0	/	(0.449	+	0)
	=	0.00

Defense Technologies International's Cash to Debt Ratio for the quarter that ended in Jul. 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)
	=	0.001	/	(0.499	+	0)
	=	0.00

Defense Technologies International (OTCPK:DTII) 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.

Defense Technologies International Cash-to-Debt Related Terms

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

Defense Technologies International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Defense Technologies International Corp (OTCPK:DTII) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2683 Via De La Valle, Suite G418, Del Mar, CA, USA, 92014

Website

https://www.defensetechnologiesintl.com

Defense Technologies International Corp is a United States-based company providing solutions for risks and threats. The company offers defense detection and protection products to improve security for military personnel, schools, and other public facilities. It offers DTC Offender Alert Passive Scan, a passive scanning system for detecting and identifying concealed threats. The company also offers services including single and multiple year warranty extension service and Passive Scan operator training course. It operates in one segment, the defense, detection and protection products industry.

Defense Technologies International Headlines

No Headlines