PR TIMES (TSE:3922) Cash-to-Debt : No Debt ⁽¹⁾ (As of Nov. 2023)

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What is PR TIMES 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. PR TIMES's cash to debt ratio for the quarter that ended in Nov. 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, PR TIMES could pay off its debt using the cash in hand for the quarter that ended in Nov. 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 PR TIMES's Cash-to-Debt or its related term are showing as below:

TSE:3922' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.38 Med: No Debt Max: No Debt
Current: 3290.04

During the past 9 years, PR TIMES's highest Cash to Debt Ratio was No Debt. The lowest was 2.38. And the median was No Debt.

TSE:3922's Cash-to-Debt is ranked better than
83.3% of 587 companies
in the Interactive Media industry
Industry Median: 4.63 vs TSE:3922: 3290.04

PR TIMES Cash-to-Debt Historical Data

The historical data trend for PR TIMES'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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PR TIMES Cash-to-Debt Chart

PR TIMES Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

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421.94

227.31

370.28

810.14

2,873.67

PR TIMES Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	2,873.67	No Debt	No Debt	No Debt

Competitive Comparison of PR TIMES's Cash-to-Debt

For the Internet Content & Information subindustry, PR TIMES'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.

PR TIMES's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, PR TIMES's Cash-to-Debt distribution charts can be found below:

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

PR TIMES 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.

PR TIMES's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	3695.539	/	(1.208	+	0.078)
	=	2,873.67

PR TIMES's Cash to Debt Ratio for the quarter that ended in Nov. 2023 is calculated as:

PR TIMES had no debt ⁽¹⁾.

PR TIMES (TSE:3922) 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.

PR TIMES Cash-to-Debt Related Terms

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

PR TIMES (TSE:3922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » PR TIMES Corp (TSE:3922) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-11-44 Akasaka, Akasaka Intercity, 8th Floor, Minato-ku, Tokyo, JPN, 107-0052

Website

https://www.prtimes.jp

PR TIMES Corp provides news release distribution services in Japan and internationally. The company operates platform business, which connects companies and consumers with news. Its company users use PR TIMES in news spreading, such as publish of new products and services, notice of events and campaign, and performance trends release to get a high return on investment. It offers PR strategy/tactics planning, media/SNS planning design, and content creation promotion, as well as press release distribution services.

PR TIMES (TSE:3922) Headlines

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PR TIMES (TSE:3922) Cash-to-Debt : No Debt (1) (As of Nov. 2023)