Trump Media & Technology Group (Trump Media & Technology Group) Cash-to-Debt : 0.06 (As of Dec. 2023)

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What is Trump Media & Technology 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. Trump Media & Technology Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.06.

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, Trump Media & Technology Group 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 Trump Media & Technology Group's Cash-to-Debt or its related term are showing as below:

DJT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 2.12 Max: 8.99
Current: 0.06

During the past 3 years, Trump Media & Technology Group's highest Cash to Debt Ratio was 8.99. The lowest was 0.06. And the median was 2.12.

DJT's Cash-to-Debt is ranked worse than
95.56% of 586 companies
in the Interactive Media industry
Industry Median: 4.69 vs DJT: 0.06

Trump Media & Technology Group Cash-to-Debt Historical Data

The historical data trend for Trump Media & Technology 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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Trump Media & Technology Group Cash-to-Debt Chart

Trump Media & Technology Group Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

8.99

2.12

0.06

Trump Media & Technology Group Semi-Annual Data
	Dec21	Dec22	Dec23
Cash-to-Debt	8.99	2.12	0.06

Competitive Comparison of Trump Media & Technology Group's Cash-to-Debt

For the Internet Content & Information subindustry, Trump Media & Technology 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.

Trump Media & Technology Group's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Trump Media & Technology Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Trump Media & Technology Group's Cash-to-Debt falls into.

Trump Media & Technology 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.

Trump Media & Technology 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)
	=	2.573	/	(42.576	+	3.133)
	=	0.06

Trump Media & Technology Group'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)
	=	2.573	/	(42.576	+	3.133)
	=	0.06

Trump Media & Technology Group (NAS:DJT) 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.

Trump Media & Technology Group Cash-to-Debt Related Terms

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Trump Media & Technology Group (Trump Media & Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Trump Media & Technology Group Corp (NAS:DJT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DJTWW:USA

Address

401 N. Cattlemen Road, Suite 200, Sarasota, FL, USA, 34232

Website

Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.

Trump Media & Technology Group (Trump Media & Technology Group) Headlines

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