Sankei Chemical Co (FSE:4995) Cash-to-Debt : 0.85 (As of Nov. 2024)

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What is Sankei Chemical 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. Sankei Chemical Co's cash to debt ratio for the quarter that ended in Nov. 2024 was 0.85.

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, Sankei Chemical Co couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2024.

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

FSE:4995' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.59 Med: 0.78 Max: 1.07
Current: 0.85

During the past 13 years, Sankei Chemical Co's highest Cash to Debt Ratio was 1.07. The lowest was 0.59. And the median was 0.78.

FSE:4995's Cash-to-Debt is ranked better than
52.94% of 255 companies
in the Agriculture industry
Industry Median: 0.72 vs FSE:4995: 0.85

Sankei Chemical Co Cash-to-Debt Historical Data

The historical data trend for Sankei Chemical 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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Sankei Chemical Co Cash-to-Debt Chart

Sankei Chemical Co Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Cash-to-Debt

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0.83

1.07

0.92

0.71

0.85

Sankei Chemical Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Nov24
Cash-to-Debt	Get a 7-Day Free Trial															0.61	0.71	0.63	0.67	0.85

Competitive Comparison of Sankei Chemical Co's Cash-to-Debt

For the Agricultural Inputs subindustry, Sankei Chemical 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.

Sankei Chemical Co's Cash-to-Debt Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sankei Chemical Co's Cash-to-Debt distribution charts can be found below:

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

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Sankei Chemical 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.

Sankei Chemical Co's Cash to Debt Ratio for the fiscal year that ended in Nov. 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)
	=	1903.074	/	(716.688	+	1522.735)
	=	0.85

Sankei Chemical Co's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	1903.074	/	(716.688	+	1522.735)
	=	0.85

Sankei Chemical Co (FSE:4995) 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.

Sankei Chemical Co Cash-to-Debt Related Terms

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Sankei Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Sankei Chemical Co Ltd (FSE:4995) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Nanei 2-Chome, Kagoshima, JPN, 891-0122

Website

http://www.sankei-chem.com

Sankei Chemical Co Ltd engages in the manufacture and sale of agrochemicals and pesticides. It offers pest and weed control agents; pesticides for rice, fruit orchards, and horticultural fields; wood insecticides and fungicides; and other agricultural materials. The firm's products include insecticides, fungicides, insecticidal fungicides, pheromone drug herbicides, herbicides, spreading agents, soil fumigants, agricultural materials, pest control agents, and others.

Sankei Chemical Co Headlines

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