Sakata Seed (TSE:1377) Cash-to-Debt : 6.61 (As of Feb. 2024)

View and export this data going back to 1987. Start your Free Trial

What is Sakata Seed 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. Sakata Seed's cash to debt ratio for the quarter that ended in Feb. 2024 was 6.61.

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, Sakata Seed could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSE:1377' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.3 Med: 4.62 Max: 25.14
Current: 6.61

During the past 13 years, Sakata Seed's highest Cash to Debt Ratio was 25.14. The lowest was 3.30. And the median was 4.62.

TSE:1377's Cash-to-Debt is ranked better than
80.98% of 1866 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs TSE:1377: 6.61

Sakata Seed Cash-to-Debt Historical Data

The historical data trend for Sakata Seed'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.

* Premium members only.

Sakata Seed Cash-to-Debt Chart

Sakata Seed Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Cash-to-Debt

Get a 7-Day Free Trial

3.81

3.71

7.53

18.84

19.76

Sakata Seed Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															25.14	19.76	17.46	10.07	6.61

Competitive Comparison of Sakata Seed's Cash-to-Debt

For the Farm Products subindustry, Sakata Seed'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.

Sakata Seed's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sakata Seed's Cash-to-Debt distribution charts can be found below:

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

Sakata Seed 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.

Sakata Seed's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	28942	/	(929	+	536)
	=	19.76

Sakata Seed's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	28491	/	(2787	+	1521)
	=	6.61

Sakata Seed (TSE:1377) 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.

Sakata Seed Cash-to-Debt Related Terms

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

Sakata Seed (TSE:1377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sakata Seed Corp (TSE:1377) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-7-1 Nakamachidai, Tsuzuki-ku, Yokohama, Kanagawa, JPN, 224-0041

Website

http://www.sakataseed.co.jp

Sakata Seed Corporation produces and sells multiple flower and vegetable seeds and various gardening materials. The company has locations all over the globe and sells the seeds to distributors and other producers. Gardening materials may be sold through home improvement retailers, mail-order sales, and garden shops. Additionally, Sakata Seed provides miscellaneous activities, such as landscaping, temporary staffing, and other activities associated with cultivating land. It invests in research and development to monitor breeding and develop new seed varieties and has enhanced revenue by entering into contracts to construct greenhouse and agricultural facilities.

Sakata Seed (TSE:1377) Headlines

No Headlines