Data Storage Corp

NASDAQ DTST

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Data Storage Corp Cash to Debt Ratio 1 year YoY Change (%) for the quarter ending March 31, 2021: 127.60%

Data Storage Corp Cash to Debt Ratio 1 year YoY Change (%) is 127.60% for the quarter ending March 31, 2021, a 150.16% change year over year. The cash to debt ratio assesses a company's ability to cover its total debt obligations with its available cash. It is calculated by dividing cash by total debt. This ratio indicates the company's liquidity and its capacity to meet its debt obligations using its cash reserves. A higher cash to debt ratio suggests a stronger ability to cover debts with cash resources. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Data Storage Corp Cash to Debt Ratio for the quarter ending March 31, 2021 was 0.34.
NASDAQ: DTST

Data Storage Corp

CEO Mr. Charles M. Piluso
IPO Date Sept. 20, 2010
Location United States
Headquarters 48 South Service Road, Melville, NY, United States, 11747
Employees 51
Sector Technology
Industry Information technology services
Description

Data Storage Corporation provides data management and cloud solutions in the United States and internationally. It offers a suite of multi-cloud IT solutions, including cyber security solutions, which comprise ezSecurity, a security solution for endpoint security, system assessments, and risk analysis, as well as IBM system protection, including Ransomware defense. The company also provides data protection and recovery solutions, such as ezVault for offsite data protection; ezRecovery for fast data recovery; ezAvailability for real-time data replication with minimal recovery objectives; and ezMirror for data mirroring at the storage level. In addition, it offers cloud hosted production systems comprising ezHost, which delivers managed cloud services; and voice and data solutions, including Nexxis, which specializes in voice over internet protocol, internet access, and data transport solutions, which comprise dedicated internet services, SD-WAN options, and a cloud-based PBX solution. The company offers its solutions and services to businesses in healthcare, banking and finance, distribution services, manufacturing, construction, education, and government industries. Data Storage Corporation was founded in 2001 and is headquartered in Melville, New York.

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September 19, 2024

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