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Digital Transformation Opportunities (Digital Transformation Opportunities) Cash-to-Debt : 0.01 (As of Jun. 2023)


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What is Digital Transformation Opportunities 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. Digital Transformation Opportunities's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.01.

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, Digital Transformation Opportunities couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 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 Digital Transformation Opportunities's Cash-to-Debt or its related term are showing as below:

DTOCU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: No Debt   Max: No Debt
Current: 0.01

During the past 3 years, Digital Transformation Opportunities's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was No Debt.

DTOCU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.24 vs DTOCU: 0.01

Digital Transformation Opportunities Cash-to-Debt Historical Data

The historical data trend for Digital Transformation Opportunities'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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Digital Transformation Opportunities Cash-to-Debt Chart

Digital Transformation Opportunities Annual Data
Trend Dec20 Dec21 Dec22
Cash-to-Debt
N/A No Debt No Debt

Digital Transformation Opportunities Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt 0.03 0.01

Competitive Comparison of Digital Transformation Opportunities's Cash-to-Debt

For the Shell Companies subindustry, Digital Transformation Opportunities'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.

Digital Transformation Opportunities's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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


Digital Transformation Opportunities 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.

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

Digital Transformation Opportunities had no debt (1).

Digital Transformation Opportunities's Cash to Debt Ratio for the quarter 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)
=0.002 / (0.2 + 0)
=0.01

* 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.

Digital Transformation Opportunities  (NAS:DTOCU) 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.

Digital Transformation Opportunities Cash-to-Debt Related Terms

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Digital Transformation Opportunities (Digital Transformation Opportunities) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Digital Transformation Opportunities Corp (NAS:DTOCU) » Definitions » Cash-to-Debt
Comparable Companies
SVFC BCSA VCXB CFVI BYTS LITT HCAR GATE GMBT TWND GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
10250 Constellation boulevard, Suite 23126, Los Angeles, CA, USA, 90067
Website
https://www.dtocorp.com
Digital Transformation Opportunities Corp is a blank check company.
Executives
Bradley M Fluegel director 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Kyle Francis officer: Chief Financial Officer 700 NORTH BRAND BLVD., SUITE 450, GLENDALE CA 91203
Heather Zynczak director C/O THRYV HOLDINGS, INC., 2200 WEST AIRFIELD DRIVE P.O. BOX 619810, DALLAS TX 75261
Jim Moffatt director 1423 GARFIELD AVE., SOUTH PASADENA CA 91030
Digital Transformation Sponsor Llc 10 percent owner 10207 CLEMATIS COURT, LOS ANGELES CA 90077
Kevin Nazemi director, officer: Chief Executive Officer 10485 NE 6TH ST, UNIT 3930, BELLEVUE WA 98004