W Tokyo (TSE:9159) Cash-to-Debt : 1.71 (As of Jun. 2023)

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What is W Tokyo 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. W Tokyo's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.71.

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, W Tokyo could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

TSE:9159' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.65 Med: 0.7 Max: 1.71
Current: 1.71

During the past 3 years, W Tokyo's highest Cash to Debt Ratio was 1.71. The lowest was 0.65. And the median was 0.70.

TSE:9159's Cash-to-Debt is ranked better than
54.76% of 1039 companies
in the Media - Diversified industry
Industry Median: 1.28 vs TSE:9159: 1.71

W Tokyo Cash-to-Debt Historical Data

The historical data trend for W Tokyo'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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W Tokyo Cash-to-Debt Chart

W Tokyo Annual Data

Trend

Jun21

Jun22

Jun23

Cash-to-Debt

0.65

0.70

1.71

W Tokyo Semi-Annual Data
	Jun21	Jun22	Jun23
Cash-to-Debt	0.65	0.70	1.71

Competitive Comparison of W Tokyo's Cash-to-Debt

For the Advertising Agencies subindustry, W Tokyo'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.

W Tokyo's Cash-to-Debt Distribution in the Media - Diversified Industry

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

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

W Tokyo 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.

W Tokyo's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	1971.202	/	(158.55	+	992.315)
	=	1.71

W Tokyo's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	1971.202	/	(158.55	+	992.315)
	=	1.71

W Tokyo (TSE:9159) 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.

W Tokyo Cash-to-Debt Related Terms

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W Tokyo (TSE:9159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » W Tokyo Inc (TSE:9159) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-28-5 Jingumae, Shibuya-ku, W Building, Tokyo, JPN, 150-0001

Website

https://www.w-tokyo.co.jp

W Tokyo Inc is a branding and content production company that continues to create added value by making use of its unique production know-how, which has grown the Tokyo Girls Collection into Japan's largest platform. The company's services include the TGC production area, Content production and branding area, and Digital advertising area. The company's brands include TOKYO GIRLS COLLECTION, girls walker, VIRTUAL TGC, TGC AUDITION, TGC SCHOOL, TGC Teen, TGC CAMPUS, and others.

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