Colan Totte Co (TSE:7792) Cash-to-Debt : 252.00 (As of Mar. 2024)

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What is Colan Totte 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. Colan Totte Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 252.00.

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, Colan Totte Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

TSE:7792' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.38 Med: 4.79 Max: 1408.14
Current: 252

During the past 5 years, Colan Totte Co's highest Cash to Debt Ratio was 1408.14. The lowest was 0.38. And the median was 4.79.

TSE:7792's Cash-to-Debt is ranked better than
90.68% of 858 companies
in the Medical Devices & Instruments industry
Industry Median: 1.895 vs TSE:7792: 252.00

Colan Totte Co Cash-to-Debt Historical Data

The historical data trend for Colan Totte 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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Colan Totte Co Cash-to-Debt Chart

Colan Totte Co Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

0.38

0.56

3.51

4.96

1,408.14

Colan Totte Co Quarterly Data
	Sep19	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial										8.68	9.43	1,408.14	66.81	252.00

Competitive Comparison of Colan Totte Co's Cash-to-Debt

For the Medical Devices subindustry, Colan Totte 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.

Colan Totte Co's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Colan Totte Co's Cash-to-Debt distribution charts can be found below:

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

Colan Totte 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.

Colan Totte Co's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	1789.745	/	(0.803	+	0.468)
	=	1,408.14

Colan Totte Co's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	1846.393	/	(0	+	7.327)
	=	252.00

Colan Totte Co (TSE:7792) 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.

Colan Totte Co Cash-to-Debt Related Terms

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Colan Totte Co (TSE:7792) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Colan Totte Co Ltd (TSE:7792) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-10-26 Minamisenba, Chuo-ku, Osaka, JPN, 542?0081

Website

https://www.colantotte.co.jp

Colan Totte Co Ltd is engaged in the manufacturing and sales of medical devices and health product.

Colan Totte Co (TSE:7792) Headlines

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