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DOWA Holdings CoDWMNF 69 Cash-to-Debt is 0.35 as of Mar. 2026, which is 59% above its 10-year median of 0.22. GuruFocus rates DWMNF with a GF Score™ of 69/100 and a GF Value™ of $35.54. The stock has 2 warning signs investors should review. Among 2,610 Metals & Mining companies, DOWA Holdings Co ranks worse than 85.33% 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. DOWA Holdings Co's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.35.
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, DOWA Holdings Cocouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for DOWA Holdings Co's Cash-to-Debt or its related term are showing as below:
DWMNF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.22 Max: 0.67
Current: 0.29
During the past 13 years, DOWA Holdings Co's highest Cash to Debt Ratio was 0.67. The lowest was 0.10. And the median was 0.22.
DWMNF's Cash-to-Debt is ranked worse than 85.33% of 2610
companies
in the Metals & Mining industry
Industry Median: 33.885
vs DWMNF: 0.29
DOWA Holdings Co (OTCPK:DWMNF) 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.
DOWA Holdings Co Cash-to-Debt Related Terms
DOWA Holdings Co Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for DOWA Holdings Co'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.
DOWA Holdings Co Cash-to-Debt Competitor Comparison
For the Other Industrial Metals & Mining subindustry, DOWA Holdings Co'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.
DOWA Holdings Co Cash-to-Debt vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, DOWA Holdings Co's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where DOWA Holdings Co'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.
DOWA Holdings Co (DWMNF) has a Cash-to-Debt of 0.35 as of Mar. 2026. This is 59% above median its historical median of 0.22. Over the past decade, DOWA Holdings Co's Cash-to-Debt has ranged from 0.10 to 0.67. According to the industry distribution chart, DOWA Holdings Co ranks #2227 out of 2610 companies in the Metals & Mining industry, placing it in the top 85.3%.
Is DOWA Holdings Co's Cash-to-Debt too high?
DOWA Holdings Co's current Cash-to-Debt of 0.35 is 59% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.67. The Metals & Mining industry median Cash-to-Debt is 33.89. DOWA Holdings Co's value of 0.35 is 99% below this industry median. Based on the distribution chart, DOWA Holdings Co ranks #2227 out of 2610 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, DOWA Holdings Co has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does DOWA Holdings Co's Cash-to-Debt compare to competitors?
According to the Metals & Mining industry distribution chart, DOWA Holdings Co ranks #2227 out of 2610 companies for Cash-to-Debt. This places DOWA Holdings Co in the lower half of its industry. The industry median Cash-to-Debt is 33.89. DOWA Holdings Co's value of 0.35 is 99% below this benchmark. Historically, DOWA Holdings Co's own Cash-to-Debt has ranged from 0.10 to 0.67 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 33.89, DOWA Holdings Co 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 a Metals & Mining company?
The median Cash-to-Debt among Metals & Mining companies is 33.89, based on 2,610 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. DOWA Holdings Co's current Cash-to-Debt of 0.35 is 99% 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 Metals & Mining industry, the median Cash-to-Debt is 33.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DOWA Holdings Co's current Cash-to-Debt is 0.35, which is 59% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DOWA Holdings Co stock overvalued right now?
DOWA Holdings Co (DWMNF) has a current Cash-to-Debt of 0.35. The stock's GF Value™ is $35.54, compared to a current price of $62.00 — trading 74.5% above its estimated fair value. The current Cash-to-Debt is 0.35, which is 59% above median its 10-year median of 0.22 and 99% below the Metals & Mining industry median of 33.89. DOWA Holdings Co's overall GF Score™ is 69/100 with 2 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 DOWA Holdings Co (DWMNF), the current Cash-to-Debt is 0.35 as of Mar. 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 DOWA Holdings Co (DWMNF) Overvalued in 2026?
Based on GuruFocus' analysis, DOWA Holdings Co stock appears to be overvalued.
The current stock price of $62.00 is trading 74.5% above its estimated GF Value™ of $35.54.
Key valuation signals for DWMNF:
Cash-to-Debt: 0.35 (59% above median its 10-year median of 0.22)
GF Value™: $35.54 vs. price of $62.00 (74.5% above fair value)
Industry Position: 99% below the Metals & Mining median (#2227 of 2610)
No single metric tells the full story. See the DWMNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DOWA Holdings Co Ltd is a Japanese conglomerate engaged in electronic materials, recycling, heat treatment, metal processing, and smelting businesses. The company operates five business segments. The Electronic Materials segment makes high-purity metals, semiconductor wafers, LEDs, batteries, and magnetic materials. The Environment/Recycling segment handles waste disposal, soil remediation, resource recovery, and logistics. The Heat Treatment segment provides metal surface treatment, processing equipment, and related services. The Metal Processing segment produces copper, brass, alloys, and circuit boards. The Smelting segment manufactures metals and chemicals, while Others covers real estate, construction, and technology. It generates the majority of its revenue from the Smelting segment.
69GF Score
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