Dana Gas PJSC (ADX:DANA) Cash-to-Debt : 0.56 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Dana Gas PJSC 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. Dana Gas PJSC's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.56.

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, Dana Gas PJSC couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Dana Gas PJSC's Cash-to-Debt or its related term are showing as below:

ADX:DANA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: 0.77 Max: 1.38
Current: 0.56

During the past 13 years, Dana Gas PJSC's highest Cash to Debt Ratio was 1.38. The lowest was 0.15. And the median was 0.77.

ADX:DANA's Cash-to-Debt is ranked better than
52.09% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.49 vs ADX:DANA: 0.56

Dana Gas PJSC Cash-to-Debt Historical Data

The historical data trend for Dana Gas PJSC'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.

Dana Gas PJSC Cash-to-Debt Chart

Dana Gas PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.05

0.98

1.20

0.65

0.48

Dana Gas PJSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.75	0.35	0.41	0.48	0.56

Competitive Comparison of Dana Gas PJSC's Cash-to-Debt

For the Oil & Gas E&P subindustry, Dana Gas PJSC'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.

Dana Gas PJSC's Cash-to-Debt Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dana Gas PJSC's Cash-to-Debt falls into.

Dana Gas PJSC 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.

Dana Gas PJSC'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)
	=	448.114	/	(521.575	+	404.037)
	=	0.48

Dana Gas PJSC's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	473.825	/	(525.248	+	326.903)
	=	0.56

Dana Gas PJSC (ADX:DANA) 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.

Dana Gas PJSC Cash-to-Debt Related Terms

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

Dana Gas PJSC (ADX:DANA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dana Gas PJSC (ADX:DANA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Buhaira Corniche, P.O. Box 2011, Crescent Tower, 11th Floor, Sharjah, ARE

Website

https://www.danagas.com

Dana Gas PJSC is a Middle Eastern natural gas exploration and production company. It operates several assets in Egypt, the Kurdistan Region of Iraq, and the United Arab Emirates. The company's possession of assets includes both onshore and offshore assets. Assets are held through government concessions. Dana Gas operations are divided into several subsidiaries that either engage in exploration and production, gas sweetening, gas transmission, or gas processing. Traditionally, gas and condensate have contributed the largest portion of revenue.

Dana Gas PJSC (ADX:DANA) Headlines

No Headlines