Broadcasting System Of Niigata (Broadcasting System Of Niigata) Cash-to-Debt : 7.54 (As of Dec. 2023)

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What is Broadcasting System Of Niigata 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. Broadcasting System Of Niigata's cash to debt ratio for the quarter that ended in Dec. 2023 was 7.54.

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, Broadcasting System Of Niigata could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Broadcasting System Of Niigata's Cash-to-Debt or its related term are showing as below:

BDCNF' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.01 Med: 3.21 Max: 7.58
Current: 7.54

During the past 13 years, Broadcasting System Of Niigata's highest Cash to Debt Ratio was 7.58. The lowest was 1.01. And the median was 3.21.

BDCNF's Cash-to-Debt is ranked better than
72.6% of 1033 companies
in the Media - Diversified industry
Industry Median: 1.27 vs BDCNF: 7.54

Broadcasting System Of Niigata Cash-to-Debt Historical Data

The historical data trend for Broadcasting System Of Niigata'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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Broadcasting System Of Niigata Cash-to-Debt Chart

Broadcasting System Of Niigata Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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2.98

3.71

4.57

5.95

6.43

Broadcasting System Of Niigata Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															5.64	6.43	7.58	7.37	7.54

Competitive Comparison of Broadcasting System Of Niigata's Cash-to-Debt

For the Entertainment subindustry, Broadcasting System Of Niigata'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.

Broadcasting System Of Niigata's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Broadcasting System Of Niigata's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Broadcasting System Of Niigata's Cash-to-Debt falls into.

Broadcasting System Of Niigata 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.

Broadcasting System Of Niigata's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	67.156	/	(5.411	+	5.037)
	=	6.43

Broadcasting System Of Niigata's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	59.913	/	(4.44	+	3.505)
	=	7.54

Broadcasting System Of Niigata (GREY:BDCNF) 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.

Broadcasting System Of Niigata Cash-to-Debt Related Terms

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Broadcasting System Of Niigata (Broadcasting System Of Niigata) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Broadcasting System Of Niigata Inc (GREY:BDCNF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

9408:Japan

Address

3-18 Kawagishi-cho, Niigata, JPN, 951-8655

Website

https://www.ohbsn.com

BSN Media Holdings Inc is engaged in basic broadcasting and general broadcasting business. The business activities of the company include planning, production, and sale of broadcast programs, entertainment of various kinds of events like art, music, and sports, and publications.

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