DO AG (WBO:DOC) Cash-to-Debt : 0.54 (As of Dec. 2023)

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What is DO AG 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. DO AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.54.

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, DO AG 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 DO AG's Cash-to-Debt or its related term are showing as below:

WBO:DOC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.4 Med: 0.52 Max: No Debt
Current: 0.54

During the past 13 years, DO AG's highest Cash to Debt Ratio was No Debt. The lowest was 0.40. And the median was 0.52.

WBO:DOC's Cash-to-Debt is ranked better than
52.75% of 965 companies
in the Transportation industry
Industry Median: 0.49 vs WBO:DOC: 0.54

DO AG Cash-to-Debt Historical Data

The historical data trend for DO AG'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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DO AG Cash-to-Debt Chart

DO AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.55

0.48

0.41

0.45

0.50

DO AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.48	0.50	0.52	0.53	0.54

Competitive Comparison of DO AG's Cash-to-Debt

For the Airports & Air Services subindustry, DO AG'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.

DO AG's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, DO AG's Cash-to-Debt distribution charts can be found below:

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

DO AG 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.

DO AG's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	251.46	/	(37.49	+	468.06)
	=	0.50

DO AG'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)
	=	280.23	/	(90.14	+	427.17)
	=	0.54

DO AG (WBO:DOC) 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.

DO AG Cash-to-Debt Related Terms

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DO AG (WBO:DOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DO & Co AG (WBO:DOC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DOCO:Turkey 0E64:UK DOQ:Germany

Address

Stephansplatz 12, Vienna, AUT, AT-1010

Website

https://www.doco.com

DO & Co AG is a gourmet entertainment company with its primary business in Austria. The company operates restaurants, bars, and hotels and provides international catering and airline catering services. The company is active in three main divisions: airline catering, international events catering, and restaurants, lounges and hotel. The airline division is the primary source of revenue. This segment consists of providing fresh meals for passengers across multiple airlines, such as Austrian Airlines, Turkish Airlines, African Airways, and Oman Air. The international event catering division consists of managing the menu and providing food for sporting events worldwide.

Executives

Attila Dogudan

Board of Directors