NHMAF (Nihon M&A Center Holdings) Cash-to-Debt : 6.33 (As of Sep. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Nihon M&A Center Holdings 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. Nihon M&A Center Holdings's cash to debt ratio for the quarter that ended in Sep. 2024 was 6.33.

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, Nihon M&A Center Holdings could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Nihon M&A Center Holdings's Cash-to-Debt or its related term are showing as below:

NHMAF' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.61 Med: 16.87 Max: No Debt
Current: 6.33

During the past 13 years, Nihon M&A Center Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 2.61. And the median was 16.87.

NHMAF's Cash-to-Debt is ranked better than
59.75% of 785 companies
in the Capital Markets industry
Industry Median: 2.39 vs NHMAF: 6.33

Nihon M&A Center Holdings Cash-to-Debt Historical Data

The historical data trend for Nihon M&A Center Holdings'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.

* Premium members only.

Nihon M&A Center Holdings Cash-to-Debt Chart

Nihon M&A Center Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

15.32

85.73

No Debt

5.94

Nihon M&A Center Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															6.16	6.69	5.94	N/A	6.33

Competitive Comparison of Nihon M&A Center Holdings's Cash-to-Debt

For the Capital Markets subindustry, Nihon M&A Center Holdings'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.

Nihon M&A Center Holdings's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nihon M&A Center Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Nihon M&A Center Holdings's Cash-to-Debt falls into.

Nihon M&A Center Holdings 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.

Nihon M&A Center Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	249.901	/	(9.345	+	32.706)
	=	5.94

Nihon M&A Center Holdings's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	248.001	/	(9.793	+	29.38)
	=	6.33

Nihon M&A Center Holdings (OTCPK:NHMAF) 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.

Nihon M&A Center Holdings Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Nihon M&A Center Holdings's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Nihon M&A Center Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nihon M&A Center Holdings Inc (OTCPK:NHMAF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

2127:Japan

Address

1-8-2, Marunouchi, 24th Floor, Tekko Building, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

https://www.nihon-ma.co.jp

Nihon M&A Center Holdings Inc is a Japan-based company involved in the merger and acquisition brokerage business. It offers M & A intermediary, corporate assessment, management buyout support, restructuring aid, corporate advisory, capital planning policy and management, and consulting services. The company is also involved in the corporate assessment business, calculating the reference price of enterprise value.

Nihon M&A Center Holdings Headlines

From GuruFocus

Roger Edgley Comments on Nihon M&A Center

By Holly LaFon Holly LaFon • 12-07-2017

3 Overseas Picks that Meet Warren Buffett's Dream Business Criteria

By Steven Chen Steven Chen • 08-12-2020

Roger Edgley's 3rd Quarter Commentary: Fund Continued to Build on First Half Momentum

By Holly LaFon Holly LaFon • 12-07-2017

Urbem's 'Wonderful Business' Series: Nihon M&A Center

By Steven Chen Steven Chen • 12-11-2019