Dorchester Minerals LP (Dorchester Minerals LP) Cash-to-Debt : 35.82 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Dorchester Minerals LP 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. Dorchester Minerals LP's cash to debt ratio for the quarter that ended in Dec. 2023 was 35.82.

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, Dorchester Minerals LP could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

DMLP' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.14 Med: 5017.91 Max: No Debt
Current: 35.82

During the past 13 years, Dorchester Minerals LP's highest Cash to Debt Ratio was No Debt. The lowest was 5.14. And the median was 5017.91.

DMLP's Cash-to-Debt is ranked better than
81.35% of 1024 companies
in the Oil & Gas industry
Industry Median: 0.5 vs DMLP: 35.82

Dorchester Minerals LP Cash-to-Debt Historical Data

The historical data trend for Dorchester Minerals LP'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.

Dorchester Minerals LP Cash-to-Debt Chart

Dorchester Minerals LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

6.15

5.14

15.02

25.57

35.82

Dorchester Minerals LP 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															25.57	29.55	24.33	31.45	35.82

Competitive Comparison of Dorchester Minerals LP's Cash-to-Debt

For the Oil & Gas E&P subindustry, Dorchester Minerals LP'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.

Dorchester Minerals LP's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dorchester Minerals LP's Cash-to-Debt distribution charts can be found below:

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

Dorchester Minerals LP 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.

Dorchester Minerals LP'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)
	=	47.025	/	(0.272	+	1.041)
	=	35.81

Dorchester Minerals LP'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)
	=	47.025	/	(0.272	+	1.041)
	=	35.81

Dorchester Minerals LP (NAS:DMLP) 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.

Dorchester Minerals LP Cash-to-Debt Related Terms

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

Dorchester Minerals LP (Dorchester Minerals LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dorchester Minerals LP (NAS:DMLP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3838 Oak Lawn Avenue, Suite 300, Dallas, TX, USA, 75219

Website

https://www.dmlp.net

Dorchester Minerals LP operates as the owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests. The company generates revenues from royalties, net profits interests, lease bonus, and others. It has leasehold interests in approximately 592 counties and parishes in around 28 states.

Executives

Dorchester Minerals Operating Lp	other: Entity Under Common Control	3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Bradley J Ehrman	officer: Chief Operating Officer	3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Leslie A Moriyama	officer: Chief Financial Officer	3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
William Casey Mcmanemin	director, 10 percent owner, officer: Chief Executive Officer	C/O DORCHESTER MINERALS, L.P., 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Martha Rochelle	director	3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Allen H C Jr	director, officer: Chief Financial Officer	3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Robert C Vaughn	director	3838 OAK LAWN AVENUE, SUITE 710, DALLAS TX 75219
Allen D Lassiter	director	25 HIGHLAND PARK VILLAGE, STE 100-780, DALLAS TX 75205
James E Raley	director, officer: CHIEF OPERATING OFFICER	9666 ATHERTON DRIVE, DALLAS TX 75243
Buford P Berry	director	1700 PACIFIC, SUITE 3300, DALLAS TX 75201
Charles William Russell	director	4695 N FM 2869, WINNSBORO TX 75494
Preston A Peak	director	3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Ronald Paul Trout	director	1241 MOHAWK TRAIL, RICHARDSON, RICHARDSON TX 75080
Lucent Technologies Inc. Master Pension Trust	10 percent owner	600 MOUNTAIN AVENUE, ROOM 7D-523, MURRAY HILL NJ 07974
Wolf Partners Red	10 percent owner	3738 OAK LAWN AVE STE 300, DALLAS TX 75201