Enjin Co (TSE:7370) Cash-to-Debt : 126.18 (As of Feb. 2024)

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What is Enjin Co 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. Enjin Co's cash to debt ratio for the quarter that ended in Feb. 2024 was 126.18.

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

TSE:7370' s Cash-to-Debt Range Over the Past 10 Years
Min: 123.27 Med: No Debt Max: No Debt
Current: 126.18

During the past 5 years, Enjin Co's highest Cash to Debt Ratio was No Debt. The lowest was 123.27. And the median was No Debt.

TSE:7370's Cash-to-Debt is ranked better than
88.98% of 998 companies
in the Media - Diversified industry
Industry Median: 1.225 vs TSE:7370: 126.18

Enjin Co Cash-to-Debt Historical Data

The historical data trend for Enjin Co'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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Enjin Co Cash-to-Debt Chart

Enjin Co Annual Data

Trend

May19

May20

May21

May22

May23

Cash-to-Debt

No Debt

144.15

Enjin Co Quarterly Data
	May19	May20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial										No Debt	144.15	123.27	125.45	126.18

Competitive Comparison of Enjin Co's Cash-to-Debt

For the Advertising Agencies subindustry, Enjin Co'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.

Enjin Co's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Enjin Co's Cash-to-Debt distribution charts can be found below:

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

Enjin Co 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.

Enjin Co's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	4083.823	/	(3.384	+	24.946)
	=	144.15

Enjin Co'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)
	=	3263.888	/	(3.684	+	22.183)
	=	126.18

Enjin Co (TSE:7370) 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.

Enjin Co Cash-to-Debt Related Terms

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Enjin Co (TSE:7370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Enjin Co Ltd (TSE:7370) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-11-4 Umeda, 9th Floor, Osaka Ekimae Dai-Yon Building, Osaka-shi Kita-ku, Qsaka, JPN, 530-0001

Website

https://www.y-enjin.co.jp

Enjin Co Ltd is engaged in providing PR support service for enterprises, executives and medical institutions, doctors, and managing the matching platform.

Enjin Co (TSE:7370) Headlines

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