Casio Computer Co (STU:CAC1) Cash-to-Debt : 2.91 (As of Sep. 2024)

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What is Casio Computer 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. Casio Computer Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 2.91.

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, Casio Computer Co 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 Casio Computer Co's Cash-to-Debt or its related term are showing as below:

STU:CAC1' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.29 Med: 1.8 Max: 2.91
Current: 2.91

During the past 13 years, Casio Computer Co's highest Cash to Debt Ratio was 2.91. The lowest was 1.29. And the median was 1.80.

STU:CAC1's Cash-to-Debt is ranked better than
64.34% of 2459 companies
in the Hardware industry
Industry Median: 1.29 vs STU:CAC1: 2.91

Casio Computer Co Cash-to-Debt Historical Data

The historical data trend for Casio Computer 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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Casio Computer Co Cash-to-Debt Chart

Casio Computer Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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1.90

2.64

2.72

2.51

2.66

Casio Computer Co 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															2.77	2.62	2.66	N/A	2.91

Competitive Comparison of Casio Computer Co's Cash-to-Debt

For the Consumer Electronics subindustry, Casio Computer 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.

Casio Computer Co's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Casio Computer Co's Cash-to-Debt distribution charts can be found below:

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

Casio Computer 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.

Casio Computer Co'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)
	=	888.322	/	(93.751	+	240.478)
	=	2.66

Casio Computer Co'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)
	=	914.885	/	(96.608	+	218.251)
	=	2.91

Casio Computer Co (STU:CAC1) 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.

Casio Computer Co Cash-to-Debt Related Terms

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Casio Computer Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Casio Computer Co Ltd (STU:CAC1) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CSIOY:USA CSIOF:USA 6952:Japan CAC1:Germany

Address

6-2, Hon-machi 1-chome, Shibuya-ku, Tokyo, JPN, 151-8543

Website

http://www.casio.jp

Casio Computer is well-known as a watch and calculator manufacturer. Casio, founded in 1957, has cultivated the consumer electronics market by inventing distinctive products. Milestones in its history include the Casio Mini (1972), the world's first personal electronic calculator; G-Shock (1983), a shock-resistant wristwatch; and QV-10 (1995), the world's first digital camera with an LCD display. More than 60% of its revenue and most of its profits are from the timepieces segment.

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