DesignOne Japan (TSE:6048) Cash-to-Debt : 13.58 (As of Feb. 2024)

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What is DesignOne Japan 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. DesignOne Japan's cash to debt ratio for the quarter that ended in Feb. 2024 was 13.58.

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, DesignOne Japan 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 DesignOne Japan's Cash-to-Debt or its related term are showing as below:

TSE:6048' s Cash-to-Debt Range Over the Past 10 Years
Min: 11.14 Med: No Debt Max: 16628.32
Current: 13.58

During the past 10 years, DesignOne Japan's highest Cash to Debt Ratio was 16628.32. The lowest was 11.14. And the median was No Debt.

TSE:6048's Cash-to-Debt is ranked better than
63.82% of 586 companies
in the Interactive Media industry
Industry Median: 4.69 vs TSE:6048: 13.58

DesignOne Japan Cash-to-Debt Historical Data

The historical data trend for DesignOne Japan'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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DesignOne Japan Cash-to-Debt Chart

DesignOne Japan Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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No Debt

377.59

15.43

11.14

12.30

DesignOne Japan 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															12.26	11.71	12.30	12.57	13.58

Competitive Comparison of DesignOne Japan's Cash-to-Debt

For the Internet Content & Information subindustry, DesignOne Japan'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.

DesignOne Japan's Cash-to-Debt Distribution in the Interactive Media Industry

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

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

DesignOne Japan 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.

DesignOne Japan's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	2760.692	/	(37.695	+	186.814)
	=	12.30

DesignOne Japan'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)
	=	2799.881	/	(37.51	+	168.629)
	=	13.58

DesignOne Japan (TSE:6048) 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.

DesignOne Japan Cash-to-Debt Related Terms

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

DesignOne Japan (TSE:6048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DesignOne Japan Inc (TSE:6048) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-5-25 Nishi Shinjuku, 8th Floor, Nishi Shinjuku Kimimaya Building, Shinjuku-ku, Tokyo, JPN, 160-0023

Website

http://www.designone.jp

DesignOne Japan Inc is a Japan-based Internet media company mainly engaged in the operation of Local information word-of-mouth site named Ekiten. It operates Ekiten, a regional information site that offers store reviews/ranking; Ekiten Pro, an information provision site that allows viewers to post/search various information on masters, such as tax accountants, contractors, administrative scrivener; and a shop job recruitment/part time job search site.

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