Donegal Investment Group (DUB:DQ7A) Cash-to-Debt : 8.66 (As of Aug. 2023)

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What is Donegal Investment 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. Donegal Investment Group's cash to debt ratio for the quarter that ended in Aug. 2023 was 8.66.

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, Donegal Investment Group could pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

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

DUB:DQ7A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 2.77 Max: 9.71
Current: 8.66

During the past 13 years, Donegal Investment Group's highest Cash to Debt Ratio was 9.71. The lowest was 0.01. And the median was 2.77.

DUB:DQ7A's Cash-to-Debt is ranked better than
82.59% of 1849 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs DUB:DQ7A: 8.66

Donegal Investment Group Cash-to-Debt Historical Data

The historical data trend for Donegal Investment 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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Donegal Investment Group Cash-to-Debt Chart

Donegal Investment Group Annual Data

Trend

Dec13

Dec14

Dec15

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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5.76

9.71

3.27

1.59

8.66

Donegal Investment Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Cash-to-Debt	Get a 7-Day Free Trial															3.27	2.33	1.59	0.61	8.66

Competitive Comparison of Donegal Investment Group's Cash-to-Debt

For the Farm Products subindustry, Donegal Investment 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.

Donegal Investment Group's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Donegal Investment Group's Cash-to-Debt distribution charts can be found below:

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

Donegal Investment 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.

Donegal Investment Group's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	6.942	/	(0.254	+	0.548)
	=	8.66

Donegal Investment Group's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	6.942	/	(0.254	+	0.548)
	=	8.66

Donegal Investment Group (DUB:DQ7A) 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.

Donegal Investment Group Cash-to-Debt Related Terms

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Donegal Investment Group (DUB:DQ7A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Donegal Investment Group PLC (DUB:DQ7A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ballyraine, Co. Donegal, Letterkenny, IRL

Website

http://www.donegaligroup.com

Donegal Investment Group PLC is engaged in the development, purchase, and sale of seed potatoes and the rental and sale of property assets. Its only segment being Produce. The Group operates in three geographical segments: Ireland; Europe and the Rest of the World; generating a vast majority of its revenue within Ireland.

Donegal Investment Group (DUB:DQ7A) Headlines

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