Ryoyo Ryosan Holdings (TSE:167A) Cash-to-Debt : 0.37 (As of Jan. 2024)

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What is Ryoyo Ryosan Holdings 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. Ryoyo Ryosan Holdings's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.37.

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, Ryoyo Ryosan Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

TSE:167A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.34 Med: No Debt Max: No Debt
Current: 0.37

During the past 13 years, Ryoyo Ryosan Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.34. And the median was No Debt.

TSE:167A's Cash-to-Debt is ranked worse than
79.77% of 2472 companies
in the Hardware industry
Industry Median: 1.36 vs TSE:167A: 0.37

Ryoyo Ryosan Holdings Cash-to-Debt Historical Data

The historical data trend for Ryoyo Ryosan Holdings'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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Ryoyo Ryosan Holdings Cash-to-Debt Chart

Ryoyo Ryosan Holdings Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Cash-to-Debt

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No Debt

1.29

0.83

0.74

Ryoyo Ryosan Holdings Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.74	0.34	0.42	0.52	0.37

Competitive Comparison of Ryoyo Ryosan Holdings's Cash-to-Debt

For the Electronics & Computer Distribution subindustry, Ryoyo Ryosan Holdings'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.

Ryoyo Ryosan Holdings's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ryoyo Ryosan Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Ryoyo Ryosan Holdings's Cash-to-Debt falls into.

Ryoyo Ryosan Holdings 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.

Ryoyo Ryosan Holdings's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	19031	/	(25817	+	0)
	=	0.74

Ryoyo Ryosan Holdings's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	10252	/	(27699	+	0)
	=	0.37

Ryoyo Ryosan Holdings (TSE:167A) 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.

Ryoyo Ryosan Holdings Cash-to-Debt Related Terms

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

Ryoyo Ryosan Holdings (TSE:167A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ryoyo Ryosan Holdings Inc (TSE:167A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Konwa Building, 1-12-22 Tsukij, Chuo-ku, Tokyo, JPN, 104-8408

Website

http://www.ryoyo.co.jp

Ryoyo Electro Corp engages in the sale of electronic equipment; semiconductors, computer systems and peripherals, electronic devices, and other electronic components. It sells integrated circuits (ICs), such as memory products, microcontrollers, application specific integrated circuit (ASIC), and system large scale integration (LSI); semiconductor elements such as power devices, photo couplers, light-emitting diode (LED) elements, laser diodes and transistors; system information equipment, such as servers, storages, workstation products, personal computers, software, display monitors, printers, plotters, projectors and local area network (LAN) systems; and electronic parts, such as liquid crystal display panels, liquid crystal display modules, contact image sensors and others.

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