DevvStream Holdings (DevvStream Holdings) Cash-to-Debt : 0.03 (As of Jan. 2024)

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What is DevvStream Holdings 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. DevvStream Holdings's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.03.

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, DevvStream Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

(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 DevvStream Holdings's Cash-to-Debt or its related term are showing as below:

DSTRF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: No Debt Max: No Debt
Current: 0.03

During the past 2 years, DevvStream Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was No Debt.

DSTRF's Cash-to-Debt is ranked worse than
97.41% of 2900 companies
in the Industrial Products industry
Industry Median: 1.23 vs DSTRF: 0.03

DevvStream Holdings Cash-to-Debt Historical Data

The historical data trend for DevvStream Holdings'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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DevvStream Holdings Cash-to-Debt Chart

DevvStream Holdings Annual Data

Trend

Jul22

Jul23

Cash-to-Debt

No Debt

DevvStream Holdings Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	No Debt	No Debt	0.11	0.03

Competitive Comparison of DevvStream Holdings's Cash-to-Debt

For the Pollution & Treatment Controls subindustry, DevvStream Holdings'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.

DevvStream Holdings's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, DevvStream Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where DevvStream Holdings's Cash-to-Debt falls into.

DevvStream Holdings 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.

DevvStream Holdings's Cash to Debt Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

DevvStream Holdings had no debt ⁽¹⁾.

DevvStream Holdings's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	0.011	/	(0.438	+	0)
	=	0.03

DevvStream Holdings (OTCPK:DSTRF) 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.

DevvStream Holdings Cash-to-Debt Related Terms

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DevvStream Holdings (DevvStream Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DevvStream Holdings Inc (OTCPK:DSTRF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CQ0:Germany DESG:Canada

Address

2133-1177 W. Hastings Street, Vancouver, BC, CAN, V6E 2K3

Website

https://www.devvstream.com

DevvStream Holdings Inc is an Environmental Social and Governance (ESG) principled, high-tech, impact investing company focused on high quality and high return carbon credit generating projects. DES offers investors exposure to carbon credits, a key instrument used to reduce emissions of carbon dioxide and other greenhouse gases from industrial activities to reduce the effects of global warming.