Mediaseek (TSE:4824) Cash-to-Debt : 3.14 (As of Jul. 2023)

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What is Mediaseek 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. Mediaseek's cash to debt ratio for the quarter that ended in Jul. 2023 was 3.14.

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, Mediaseek could pay off its debt using the cash in hand for the quarter that ended in Jul. 2023.

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

TSE:4824' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.95 Med: 2.46 Max: 9.02
Current: 3.14

During the past 13 years, Mediaseek's highest Cash to Debt Ratio was 9.02. The lowest was 1.95. And the median was 2.46.

TSE:4824's Cash-to-Debt is ranked better than
53.72% of 2796 companies
in the Software industry
Industry Median: 2.42 vs TSE:4824: 3.14

Mediaseek Cash-to-Debt Historical Data

The historical data trend for Mediaseek'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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Mediaseek Cash-to-Debt Chart

Mediaseek Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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1.95

2.22

9.02

3.59

3.14

Mediaseek Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Cash-to-Debt	Get a 7-Day Free Trial															3.59	2.52	2.68	2.41	3.14

Competitive Comparison of Mediaseek's Cash-to-Debt

For the Information Technology Services subindustry, Mediaseek'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.

Mediaseek's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Mediaseek's Cash-to-Debt distribution charts can be found below:

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

Mediaseek 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.

Mediaseek's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	440.51	/	(69.572	+	70.909)
	=	3.14

Mediaseek's Cash to Debt Ratio for the quarter that ended in Jul. 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)
	=	440.51	/	(69.572	+	70.909)
	=	3.14

Mediaseek (TSE:4824) 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.

Mediaseek Cash-to-Debt Related Terms

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

Mediaseek (TSE:4824) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mediaseek Inc (TSE:4824) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

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Address

Minato Azabu 3 - chome, Daiwa Azabu Terrace, Minato - ku, Tokyo, JPN, 106-0047

Website

http://www.mediaseek.co.jp

Mediaseek Inc is a Japan-based company operating in the Information technology (IT) sector. The company operates in two business divisions System development consulting division offers customized system development solution including IT consulting, system construction/support, and specialized field package solutions. Consumer services division is engaged in collaborative business with content holders based and provides content development and management services and solution services for content distribution.

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