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Dover (DOV) Cash-to-Debt : 0.61 (As of Mar. 2025)


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What is Dover 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. Dover's cash to debt ratio for the quarter that ended in Mar. 2025 was 0.61.

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, Dover couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

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

DOV' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06   Med: 0.11   Max: 0.61
Current: 0.61

During the past 13 years, Dover's highest Cash to Debt Ratio was 0.61. The lowest was 0.06. And the median was 0.11.

DOV's Cash-to-Debt is ranked worse than
63.51% of 2998 companies
in the Industrial Products industry
Industry Median: 1.215 vs DOV: 0.61

Dover Cash-to-Debt Historical Data

The historical data trend for Dover'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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Dover Cash-to-Debt Chart

Dover Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.12 0.10 0.11 0.59

Dover Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.10 0.11 0.59 0.61

Competitive Comparison of Dover's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Dover'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.


Dover's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dover's Cash-to-Debt distribution charts can be found below:

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


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Dover 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.

Dover's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Dover's Cash to Debt Ratio for the quarter that ended in Mar. 2025 is calculated as:

* 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.


Dover  (NYSE:DOV) 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.


Dover Cash-to-Debt Related Terms

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


Dover Business Description

Traded in Other Exchanges
Address
3005 Highland Parkway, Downers Grove, IL, USA, 60515
Founded in 1955 by George Ohrstrom, Dover has become an industrial behemoth through the acquisition of dozens of esteemed brands. The company is organized into five segments through which it designs and manufactures highly engineered components, such as vehicle repair, factory automation, welding, aerospace, fuel dispensing, printing, liquid handling, refrigeration, and can-making equipment. It has operations around the globe but generates over half of its revenue in the United States.
Executives
Ivonne M Cabrera officer: SVP and General Counsel C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Girish Juneja officer: SVP, Chief Digital Officer 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Brad M Cerepak officer: Senior Vice President and CFO C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Richard J Tobin director, officer: CEO and President 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Stephen M. Todd director C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 606515
Anthony K Kosinski officer: Vice President, Tax 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Marc A Howze director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Danita K Ostling director 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Michael Mark Manley director 1000 CHRYSLER DRIVE, CIMS 485-09-96, AUBURN HILLS MI 48326
David J. Malinas officer: SVP, Operations 36411 SOUTH PARK DRIVE, AVON OH 44011
Kristiane C Graham director C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Kimberly Bors officer: SVP, Human Resources C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
James M Moran officer: Vice President, Treasurer C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Ryan Paulson officer: VP, Controller 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Deborah L Dehaas director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515