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Nichiban CoNHBAF 72 Cash-to-Debt is 6.51 as of Mar. 2026, which is 19% above its 10-year median of 5.48. GuruFocus rates NHBAF with a GF Score™ of 72/100 and a GF Value™ of $13.36. The stock has 6 warning signs investors should review. Among 3,054 Industrial Products companies, Nichiban Co ranks better than 74.46% on this metric.
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. Nichiban Co's cash to debt ratio for the quarter that ended in Mar. 2026 was 6.51.
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, Nichiban Cocould pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Nichiban Co's Cash-to-Debt or its related term are showing as below:
NHBAF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 3.38 Med: 5.48 Max: 6.96
Current: 6.51
During the past 13 years, Nichiban Co's highest Cash to Debt Ratio was 6.96. The lowest was 3.38. And the median was 5.48.
NHBAF's Cash-to-Debt is ranked better than 74.46% of 3054
companies
in the Industrial Products industry
Industry Median: 1.14
vs NHBAF: 6.51
Nichiban Co (OTCPK:NHBAF) 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.
Nichiban Co Cash-to-Debt Related Terms
Nichiban Co Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Nichiban 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.
For the Business Equipment & Supplies subindustry, Nichiban 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.
Nichiban Co Cash-to-Debt vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nichiban Co's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Nichiban Co's Cash-to-Debt falls into.
* 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.
Nichiban Co (NHBAF) has a Cash-to-Debt of 6.51 as of Mar. 2026. This is 19% above median its historical median of 5.48. Over the past decade, Nichiban Co's Cash-to-Debt has ranged from 3.38 to 6.96. According to the industry distribution chart, Nichiban Co ranks #780 out of 3054 companies in the Industrial Products industry, placing it in the top 25.5%.
Is Nichiban Co's Cash-to-Debt too high?
Nichiban Co's current Cash-to-Debt of 6.51 is 19% above median its 10-year median of 5.48. Over the past 10 years, this metric has ranged from a low of 3.38 to a high of 6.96. The Industrial Products industry median Cash-to-Debt is 1.14. Nichiban Co's value of 6.51 is 471.1% above this industry median. Based on the distribution chart, Nichiban Co ranks #780 out of 3054 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nichiban Co has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Nichiban Co's Cash-to-Debt compare to competitors?
According to the Industrial Products industry distribution chart, Nichiban Co ranks #780 out of 3054 companies for Cash-to-Debt. This puts Nichiban Co in the upper half of its industry. The industry median Cash-to-Debt is 1.14. Nichiban Co's value of 6.51 is 471.1% above this benchmark. Historically, Nichiban Co's own Cash-to-Debt has ranged from 3.38 to 6.96 over the past decade. While the company's 10-year median is 5.48 vs. the industry median of 1.14, Nichiban Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Industrial Products company?
The median Cash-to-Debt among Industrial Products companies is 1.14, based on 3,054 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nichiban Co's current Cash-to-Debt of 6.51 is 471.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Cash-to-Debt is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichiban Co's current Cash-to-Debt is 6.51, which is 19% above median its own 10-year median of 5.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichiban Co stock overvalued right now?
Nichiban Co (NHBAF) has a current Cash-to-Debt of 6.51. The stock's GF Value™ is $13.36, compared to a current price of $12.70 — trading 4.9% below its estimated fair value. The current Cash-to-Debt is 6.51, which is 19% above median its 10-year median of 5.48 and 471.1% above the Industrial Products industry median of 1.14. Nichiban Co's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Nichiban Co (NHBAF), the current Cash-to-Debt is 6.51 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nichiban Co (NHBAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nichiban Co stock appears to be undervalued.
The current stock price of $12.70 is trading 4.9% below its estimated GF Value™ of $13.36.
Key valuation signals for NHBAF:
Cash-to-Debt: 6.51 (19% above median its 10-year median of 5.48)
GF Value™: $13.36 vs. price of $12.70 (4.9% below fair value)
Industry Position: 471.1% above the Industrial Products median (#780 of 3054)
No single metric tells the full story. See the NHBAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nichiban Co Ltd is a Japan based company engaged in the business of manufacturing and selling products in the field of medical supplies, healthcare, industrial products and industrial products. It offers hemostatic solutions, wound care dressing and surgical tapes, industrial products for manufacturing and distribution and automotive industry, stationery products, TDS pharmaceutical pain relief plaster and foot care products, sports medical battlewin taping tape and first aid bandage.
72GF Score
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