Angel Group (TSE:5534) Cash-to-Debt : 6.74 (As of Feb. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Angel Group 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. Angel Group's cash to debt ratio for the quarter that ended in Feb. 2023 was 6.74.

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, Angel Group could pay off its debt using the cash in hand for the quarter that ended in Feb. 2023.

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

TSE:5534's Cash-to-Debt is not ranked ^*
in the Real Estate industry.
Industry Median: 0.255
* Ranked among companies with meaningful Cash-to-Debt only.

Angel Group Cash-to-Debt Historical Data

The historical data trend for Angel Group'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.

Angel Group Cash-to-Debt Chart

Angel Group Annual Data

Trend

Aug21

Aug22

Cash-to-Debt

10.97

9.39

Angel Group Semi-Annual Data
	Aug21	Aug22	Feb23
Cash-to-Debt	10.97	9.39	6.74

Competitive Comparison of Angel Group's Cash-to-Debt

For the Real Estate Services subindustry, Angel Group'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.

Angel Group's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Angel Group's Cash-to-Debt distribution charts can be found below:

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

Angel Group 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.

Angel Group's Cash to Debt Ratio for the fiscal year that ended in Aug. 2022 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)
	=	12725.547	/	(436.389	+	918.712)
	=	9.39

Angel Group's Cash to Debt Ratio for the quarter 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)
	=	12196.39	/	(496.886	+	1313.636)
	=	6.74

Angel Group (TSE:5534) 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.

Angel Group Cash-to-Debt Related Terms

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

Angel Group (TSE:5534) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Angel Group Inc (TSE:5534) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-15 Yuzawa,, Minamiuonumagun Yuzawamachi, Niigata, JPN, 949-6101

Website

https://www.angel.co.jp

Angel Group Inc engages in offering comprehensive business services including resort hotel Accommodation business, resort condominium management business, villa area management business, resort real estate sales brokerage business and other ancillary businesses.

Angel Group (TSE:5534) Headlines

No Headlines