Daio Paper (FRA:DPR) Cash-to-Debt : 0.21 (As of Dec. 2023)

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What is Daio Paper 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. Daio Paper's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.21.

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, Daio Paper 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 Daio Paper's Cash-to-Debt or its related term are showing as below:

FRA:DPR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.24 Max: 0.31
Current: 0.21

During the past 13 years, Daio Paper's highest Cash to Debt Ratio was 0.31. The lowest was 0.14. And the median was 0.24.

FRA:DPR's Cash-to-Debt is ranked worse than
59.79% of 286 companies
in the Forest Products industry
Industry Median: 0.325 vs FRA:DPR: 0.21

Daio Paper Cash-to-Debt Historical Data

The historical data trend for Daio Paper'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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Daio Paper Cash-to-Debt Chart

Daio Paper Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.29

0.31

0.24

0.21

0.26

Daio Paper 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															0.21	0.20	0.25	0.21	0.26

Competitive Comparison of Daio Paper's Cash-to-Debt

For the Paper & Paper Products subindustry, Daio Paper'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.

Daio Paper's Cash-to-Debt Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Daio Paper's Cash-to-Debt distribution charts can be found below:

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

Daio Paper 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.

Daio Paper's Cash to Debt Ratio for the fiscal year 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)
	=	761.595	/	(807.074	+	2108.737)
	=	0.26

Daio Paper'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)
	=	666.694	/	(816.623	+	2299.456)
	=	0.21

Daio Paper (FRA:DPR) 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.

Daio Paper Cash-to-Debt Related Terms

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

Daio Paper (FRA:DPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Daio Paper Corp (FRA:DPR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

3880:Japan

Address

10-2, Fujimi 2 chome, Iidabashi Grand Bloom, Chiyoda-ku, Tokyo, JPN, 102-0071

Website

http://www.daio-paper.co.jp

Daio Paper Corp is a Japan-based paper, pulp and paperboard manufacturer. It produces general printing paper for magazines and catalogs, newsprint, office paper, corrugated materials, kraft liner, facial and toilet tissue, paper towels etc. The company's main products Newsprint, coated paper, wood free paper, publication paper, PPC paper, carbonless paper, adhesive printing paper, functional materials, wrapping paper, household paper products like facial tissue, toilet tissue, paper towels, sanitary napkins, disposable diapers, among others, kraft linerboard (containerboard), and various types of pulp.

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