Dowlais Group (STU:6O7) Cash-to-Debt : 0.23 (As of Jun. 2024)

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What is Dowlais Group 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. Dowlais Group's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.23.

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, Dowlais Group couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

STU:6O7' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.17 Max: 0.24
Current: 0.23

During the past 4 years, Dowlais Group's highest Cash to Debt Ratio was 0.24. The lowest was 0.05. And the median was 0.17.

STU:6O7's Cash-to-Debt is ranked worse than
70.58% of 1302 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs STU:6O7: 0.23

Dowlais Group Cash-to-Debt Historical Data

The historical data trend for Dowlais Group'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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Dowlais Group Cash-to-Debt Chart

Dowlais Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.05

0.10

0.12

0.24

Dowlais Group Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial			N/A	0.12	0.23	0.24	0.23

Competitive Comparison of Dowlais Group's Cash-to-Debt

For the Auto Manufacturers subindustry, Dowlais Group'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.

Dowlais Group's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dowlais Group's Cash-to-Debt distribution charts can be found below:

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

Dowlais Group 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.

Dowlais Group'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)
	=	363.318	/	(31.341	+	1490.415)
	=	0.24

Dowlais Group'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)
	=	374.673	/	(37.822	+	1563.698)
	=	0.23

Dowlais Group (STU:6O7) 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.

Dowlais Group Cash-to-Debt Related Terms

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Dowlais Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dowlais Group PLC (STU:6O7) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DWLAF:USA DWLl:UK DWL:UK 6O7:Germany

Address

11 Bressenden Place, 2nd Floor Nova North, London, GBR, SW1E 5BY

Website

https://www.dowlais.com

Dowlais Group PLC is a specialist engineering group focused on the automotive sector. It generates value and capital growth through a portfolio of transformative and innovative businesses.

Dowlais Group Headlines

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