DFS Furniture (LSE:DFS) Cash-to-Debt : 0.02 (As of Dec. 2023)

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What is DFS Furniture 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. DFS Furniture's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.

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, DFS Furniture couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LSE:DFS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.1 Max: 0.36
Current: 0.02

During the past 12 years, DFS Furniture's highest Cash to Debt Ratio was 0.36. The lowest was 0.02. And the median was 0.10.

LSE:DFS's Cash-to-Debt is ranked worse than
95.73% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.94 vs LSE:DFS: 0.02

DFS Furniture Cash-to-Debt Historical Data

The historical data trend for DFS Furniture'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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DFS Furniture Cash-to-Debt Chart

DFS Furniture Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.13

0.09

0.05

0.03

0.05

DFS Furniture Semi-Annual Data
	Jul13	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.04	0.03	0.07	0.05	0.02

Competitive Comparison of DFS Furniture's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, DFS Furniture'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.

DFS Furniture's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, DFS Furniture's Cash-to-Debt distribution charts can be found below:

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

DFS Furniture 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.

DFS Furniture's Cash to Debt Ratio for the fiscal year 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)
	=	26.7	/	(84.1	+	493.1)
	=	0.05

DFS Furniture'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)
	=	13.7	/	(91.9	+	467.5)
	=	0.02

DFS Furniture (LSE:DFS) 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.

DFS Furniture Cash-to-Debt Related Terms

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DFS Furniture (LSE:DFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » DFS Furniture PLC (LSE:DFS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DFSl:UK

Address

Adwick-le-Street, 1 Rockingham Way, Redhouse Interchange, Doncaster, South Yorkshire, GBR, DN6 7NA

Website

https://www.dfscorporate.co.uk

DFS Furniture PLC is an upholstery retailer in the United Kingdom. It is engaged in designing, manufacturing, selling, delivering and installing a range of sofas, and other upholstered and furniture products. The company's segment includes DFS; Sofology and others. It generates maximum revenue from the DFS segment. DFS segment includes the retailing of upholstered furniture and related products through DFS and Dwell branded stores and websites.