AEON Co (AEON Co) Cash-to-Debt

: 0.49 (As of Nov. 2023)

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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. AEON Co's cash to debt ratio for the quarter that ended in Nov. 2023 was 0.49.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, AEON Co couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

AONNF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.43 Med: 0.5 Max: 0.6
Current: 0.49

During the past 13 years, AEON Co's highest Cash to Debt Ratio was 0.60. The lowest was 0.43. And the median was 0.50.

AONNF's Cash-to-Debt is ranked better than
50.91% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs AONNF: 0.49

AEON Co Cash-to-Debt Historical Data

The historical data trend for AEON 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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AEON Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

0.55

0.60

0.54

0.52

0.49

AEON Co 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																0.52	0.53	0.55	0.49	0.49

Competitive Comparison

For the Department Stores subindustry, AEON 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.

AEON Co Cash-to-Debt Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, AEON Co's Cash-to-Debt distribution charts can be found below:

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

AEON 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.

AEON Co's Cash to Debt Ratio for the fiscal year 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)
	=	12256.839	/	(8185.743	+	16918.571)
	=	0.49

AEON Co's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	11106.555	/	(8004.817	+	14594.693)
	=	0.49

AEON Co (OTCPK:AONNF) 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.

AEON Co Cash-to-Debt Related Terms

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AEON Co (AEON Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » AEON Co Ltd (OTCPK:AONNF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AONNY:USA 8267:Japan JUS1:Germany

Address

1-5-1 Nakase, Minami-ku, Chiba-shi, Chiba, JPN, 261-8515

Website

http://www.aeon.info

AEON Co Ltd is the holding company of Aeon Group, integrated Japanese retailer, and is active not only in Japan but also throughout countries in the Association of Southeast Asian Nations and China. The business is segmented in four main divisions: supermarket and discount store, drugstore and pharmacy, shopping-center development, and financial sevices. The company's core operations are general merchandise store, supermarket, and convenience-store operations. Aeon is also active in specialty store operations, shopping-center development and operations, and credit card business and services.