Trend Micro (STU:TMI) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Trend Micro 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. Trend Micro's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt ⁽¹⁾.

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, Trend Micro could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

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

STU:TMI' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Trend Micro's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

STU:TMI's Cash-to-Debt is ranked better than
99.85% of 2718 companies
in the Software industry
Industry Median: 2.43 vs STU:TMI: No Debt

Trend Micro Cash-to-Debt Historical Data

The historical data trend for Trend Micro'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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Trend Micro Cash-to-Debt Chart

Trend Micro Annual Data

Trend

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Dec20

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Dec23

Cash-to-Debt

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No Debt

Trend Micro Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Trend Micro's Cash-to-Debt

For the Software - Infrastructure subindustry, Trend Micro'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.

Trend Micro's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Trend Micro's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Trend Micro's Cash-to-Debt falls into.

Trend Micro 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.

Trend Micro's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Trend Micro had no debt ⁽¹⁾.

Trend Micro's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Trend Micro had no debt ⁽¹⁾.

Trend Micro (STU:TMI) 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.

Trend Micro Cash-to-Debt Related Terms

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

Trend Micro (STU:TMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trend Micro Inc (STU:TMI) » Definitions » Cash-to-Debt

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TMICY:USA 4704:Japan

Address

Shibuya-ku, 2-1-1 Shinjuku Maynds Tower, Yoyogi, Tokyo, JPN, 151-0053

Website

http://www.trendmicro.co.jp

Trend Micro provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. Sales have averaged 75% annual growth over the past decade. Customers include British Airways, Merrill Lynch, Microsoft, Pacific Bell, and governmental agencies in the United States and Japan.

Trend Micro (STU:TMI) Headlines

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Trend Micro (STU:TMI) Cash-to-Debt : No Debt (1) (As of Mar. 2024)