DHC Acquisition (DHC Acquisition) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is DHC Acquisition 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. DHC Acquisition's cash to debt ratio for the quarter that ended in Sep. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, DHC Acquisition could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) 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.

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

DHCAU' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 3 years, DHC Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

DHCAU's Cash-to-Debt is ranked better than
99.82% of 556 companies
in the Diversified Financial Services industry
Industry Median: 2.34 vs DHCAU: No Debt

DHC Acquisition Cash-to-Debt Historical Data

The historical data trend for DHC Acquisition'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.

DHC Acquisition Cash-to-Debt Chart

DHC Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

DHC Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial						No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of DHC Acquisition's Cash-to-Debt

For the Shell Companies subindustry, DHC Acquisition'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.

DHC Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, DHC Acquisition's Cash-to-Debt distribution charts can be found below:

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

DHC Acquisition 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.

DHC Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

DHC Acquisition had no debt ⁽¹⁾.

DHC Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

DHC Acquisition had no debt ⁽¹⁾.

DHC Acquisition (NAS:DHCAU) 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.

DHC Acquisition Cash-to-Debt Related Terms

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

DHC Acquisition (DHC Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » DHC Acquisition Corp (NAS:DHCAU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DHCA:USA

Address

535 Silicon Drive, Suite 100, Southlake, TX, USA, 76092

Website

DHC Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

Richard F Dauch	director	C/O SPARTAN MOTORS INC, 1541 REYNOLDS ROAD, CHARLOTTE MI 48813
Joseph Michael Depinto	director	C/O OFFICEMAX INCORPORATED, NAPERVILLE IL 60563
Christopher Gaertner	director, 10 percent owner, officer: Co-CEO and CFO	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Thomas Jr Morgan	officer: Co-CEO	C/O DHC ACQUISITION CORP., 535 SILICON DRIVE SUITE 100, SOUTHLAKE TX 76092
Kathleen Hildreth	director	C/O DHC ACQUISITION CORP., 535 SILICON DRIVE SUITE 100, SOUTHLAKE TX 76092
Dhc Sponsor, Llc	10 percent owner	C/O DHC ACQUISITION CORP., 535 SILICON DRIVE SUITE 100, SOUTHLAKE TX 76092