Domain Holdings Australia (ASX:DHG) Cash-to-Debt

: 0.15 (As of Dec. 2023)

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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. Domain Holdings Australia's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.15.

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, Domain Holdings Australia couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:DHG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.27 Max: 0.43
Current: 0.15

During the past 6 years, Domain Holdings Australia's highest Cash to Debt Ratio was 0.43. The lowest was 0.07. And the median was 0.27.

ASX:DHG's Cash-to-Debt is ranked worse than
90.8% of 587 companies
in the Interactive Media industry
Industry Median: 4.59 vs ASX:DHG: 0.15

Domain Holdings Australia Cash-to-Debt Historical Data

The historical data trend for Domain Holdings Australia'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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Domain Holdings Australia Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.30

0.43

0.28

0.14

Domain Holdings Australia Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt									0.21	0.28	0.14	0.14	0.15

Competitive Comparison

For the Internet Content & Information subindustry, Domain Holdings Australia'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.

Domain Holdings Australia Cash-to-Debt Distribution

For the Interactive Media industry and Communication Services sector, Domain Holdings Australia's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Domain Holdings Australia's Cash-to-Debt falls into.

Domain Holdings Australia 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.

Domain Holdings Australia's Cash to Debt Ratio for the fiscal year 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)
	=	33.468	/	(4.878	+	234.628)
	=	0.14

Domain Holdings Australia's Cash to Debt Ratio for the quarter 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)
	=	33.617	/	(4.509	+	222.034)
	=	0.15

Domain Holdings Australia (ASX:DHG) 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.

Domain Holdings Australia Cash-to-Debt Related Terms

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Domain Holdings Australia (ASX:DHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Domain Holdings Australia Ltd (ASX:DHG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Harris Street, Level 5, Pyrmont, Sydney, NSW, AUS, 2009

Website

https://www.domain.com.au

Domain is a technology company operating in the Australian real estate sector. Domain's primary business is a digital listings platform for residential real estate, www.domain.com.au, which is the second-largest residential real estate listings platform in Australia, after www.realestate.com.au, which is owned by REA Group. Domain is majority-owned by media company Nine Entertainment, while REA is majority-owned by rival media company News Corp. Domain's other businesses include a digital listings platform for commercial real estate, solutions for developers and agents, and print advertising.

Domain Holdings Australia (ASX:DHG) Headlines

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