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Japan Smaller Capitalization Fund (Japan Smaller Capitalization Fund) Cash-to-Debt : No Debt (1) (As of Aug. 2023)


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What is Japan Smaller Capitalization Fund 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. Japan Smaller Capitalization Fund's cash to debt ratio for the quarter that ended in Aug. 2023 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Japan Smaller Capitalization Fund could pay off its debt using the cash in hand for the quarter that ended in Aug. 2023.

(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 Japan Smaller Capitalization Fund's Cash-to-Debt or its related term are showing as below:

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

During the past 6 years, Japan Smaller Capitalization Fund's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

JOF's Cash-to-Debt is ranked better than
99.93% of 1473 companies
in the Asset Management industry
Industry Median: 5.79 vs JOF: No Debt

Japan Smaller Capitalization Fund Cash-to-Debt Historical Data

The historical data trend for Japan Smaller Capitalization Fund'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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Japan Smaller Capitalization Fund Cash-to-Debt Chart

Japan Smaller Capitalization Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cash-to-Debt
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Japan Smaller Capitalization Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Japan Smaller Capitalization Fund's Cash-to-Debt

For the Asset Management subindustry, Japan Smaller Capitalization Fund'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.


Japan Smaller Capitalization Fund's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Japan Smaller Capitalization Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Japan Smaller Capitalization Fund's Cash-to-Debt falls into.



Japan Smaller Capitalization Fund Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Japan Smaller Capitalization Fund's Cash to Debt Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Japan Smaller Capitalization Fund had no debt (1).

Japan Smaller Capitalization Fund's Cash to Debt Ratio for the quarter that ended in Aug. 2023 is calculated as:

Japan Smaller Capitalization Fund had no debt (1).

* 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.


Japan Smaller Capitalization Fund  (NYSE:JOF) 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.


Japan Smaller Capitalization Fund Cash-to-Debt Related Terms

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


Japan Smaller Capitalization Fund (Japan Smaller Capitalization Fund) Business Description

Traded in Other Exchanges
N/A
Address
309 West 49th Street, Worldwide Plaza, New York, NY, USA, 10019
Japan Smaller Capitalization Fund Inc is a United States-based non-diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investments in smaller capitalization Japanese equity securities. Its portfolio of investments consists of different sectors such as banks, chemicals, construction, electric appliances, financing business, food, Information and Communication, Utilities, Real Estate, and others.
Executives
She Yi officer: Assistant Treasurer WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Rodney A Buck director WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Atsushi Katayama other: Lead Portfolio Manager WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Shinichi Masuda officer: Vice President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Melanie Dana Malc officer: Assistant Treasurer WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Paige Ouimet director WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Michael Morronngiello officer: Vice President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Hiroyasu Koike other: CEO to the Adviser of JOF WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Junko Nakagawa other: CEO to the Adviser of JOF WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019-7316
Yuichi Nomoto director, officer: President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019-7316
Zheng Liu officer: Vice President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019-7316
Takeshi Toyoshima officer: Vice President NOMURA ASSET MANAGEMENT USA INC., 309 WEST 49TH STREET, NEW YORK NY 10019
Lee Kelly So Young officer: Assistant Treasurer NOMURA ASSET MANAGEMENT USA INC., 309 WEST 49TH STREET, NEW YORK NY 10019
Marcia L Macharg director 309 WEST 49TH STREET, NEW YORK NY 10019
Kunio Watanabe other: CEO of Adviser of JOF C/O NOMURA ASSET MANAGEMENT USA INC., 309 WEST 49TH STREET, NEW YORK NY 10019

Japan Smaller Capitalization Fund (Japan Smaller Capitalization Fund) Headlines

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