Tokyu (TOKUY) Cash-to-Debt : 0.05 (As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Tokyu 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. Tokyu's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.05.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Tokyu couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

TOKUY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.05
Current: 0.05

During the past 13 years, Tokyu's highest Cash to Debt Ratio was 0.05. The lowest was 0.03. And the median was 0.04.

TOKUY's Cash-to-Debt is ranked worse than
89.55% of 1110 companies
in the Retail - Cyclical industry
Industry Median: 0.43 vs TOKUY: 0.05

Tokyu Cash-to-Debt Historical Data

The historical data trend for Tokyu'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.

Tokyu Cash-to-Debt Chart

Tokyu Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.05

0.04

0.05

0.04

Tokyu 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															0.03	0.03	0.04	N/A	0.05

Competitive Comparison of Tokyu's Cash-to-Debt

For the Department Stores subindustry, Tokyu'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.

Tokyu's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tokyu's Cash-to-Debt distribution charts can be found below:

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

Tokyu 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.

Tokyu'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)
	=	289.357	/	(2790.455	+	5589.853)
	=	0.03

Tokyu'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)
	=	437.546	/	(2726.227	+	5861.466)
	=	0.05

Tokyu (OTCPK:TOKUY) 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.

Tokyu Cash-to-Debt Related Terms

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

Tokyu Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tokyu Corp (OTCPK:TOKUY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

9005:Japan 01T:Germany

Address

5-6 Nanpeidai-cho Shibuya-ku, Tokyo, JPN, 150-8511

Website

http://www.tokyu.co.jp

Tokyu Corp provides passenger rail transportation, bus transportation, truckload services, and air transportation serving the Tokyo and its surrounding areas. The segments in which the group operates includes Transportation, Real Estate, Life service, Hotel and Resort and Business support. The company operates department stores, real estate leasing, and hotel businesses. Through its subsidiaries, Tokyu offers leisure-related services such as travel agents, theaters, golf, and rent car agents. Geographically, it operates through Japan and derives the majority of revenue from Transportation segment.

Tokyu Headlines

No Headlines