PXDT (Pixie Dust Technologies) Cash-to-Debt : 1.06 (As of Apr. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Pixie Dust Technologies 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. Pixie Dust Technologies's cash to debt ratio for the quarter that ended in Apr. 2024 was 1.06.

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, Pixie Dust Technologies could pay off its debt using the cash in hand for the quarter that ended in Apr. 2024.

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

PXDT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.95 Med: 1.48 Max: 1.95
Current: 1.06

During the past 4 years, Pixie Dust Technologies's highest Cash to Debt Ratio was 1.95. The lowest was 0.95. And the median was 1.48.

PXDT's Cash-to-Debt is not ranked
in the Hardware industry.
Industry Median: 1.42 vs PXDT: 1.06

Pixie Dust Technologies Cash-to-Debt Historical Data

The historical data trend for Pixie Dust Technologies'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.

Pixie Dust Technologies Cash-to-Debt Chart

Pixie Dust Technologies Annual Data

Trend

Apr21

Apr22

Apr23

Apr24

Cash-to-Debt

1.90

0.95

1.95

1.06

Pixie Dust Technologies Semi-Annual Data
	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Cash-to-Debt	Get a 7-Day Free Trial			0.95	1.57	1.95	1.63	1.06

Competitive Comparison of Pixie Dust Technologies's Cash-to-Debt

For the Consumer Electronics subindustry, Pixie Dust Technologies'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.

Pixie Dust Technologies's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pixie Dust Technologies's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Pixie Dust Technologies's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Pixie Dust Technologies 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.

Pixie Dust Technologies's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	10.447	/	(0.77	+	9.123)
	=	1.06

Pixie Dust Technologies's Cash to Debt Ratio for the quarter that ended in Apr. 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)
	=	10.447	/	(0.77	+	9.123)
	=	1.06

Pixie Dust Technologies (NAS:PXDT) 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.

Pixie Dust Technologies Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Pixie Dust Technologies's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Pixie Dust Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pixie Dust Technologies Inc (NAS:PXDT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-1 Yaesu, 8th Floor, Yaesu Central Tower, Chuo-ku, Tokyo, JPN, 104-0028

Website

https://www.pixiedusttech.com

Pixie Dust Technologies Inc is the serial incubator that provides solutions for social trust and faith. The company develops computer technology that blends into the world by using interface technology that utilizes sound and light. Its products include Sound Hug: A device that allows one to enjoy music with light and vibration by hugging it, Sonorepro; a hair care device equipped with non-contact oscillating pressure stimulation technology born from ultrasonic research, Vuevo; A service that visualizes conversations between multiple people and connects differences in hearing, and kikippa; gamma wave sound care device.