Fudo Tetra (TSE:1813) Cash-to-Debt : 1.57 (As of Dec. 2023)

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What is Fudo Tetra 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. Fudo Tetra's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.57.

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, Fudo Tetra could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSE:1813' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.3 Med: 15.79 Max: No Debt
Current: 1.57

During the past 13 years, Fudo Tetra's highest Cash to Debt Ratio was No Debt. The lowest was 1.30. And the median was 15.79.

TSE:1813's Cash-to-Debt is ranked better than
66.55% of 1653 companies
in the Construction industry
Industry Median: 0.62 vs TSE:1813: 1.57

Fudo Tetra Cash-to-Debt Historical Data

The historical data trend for Fudo Tetra'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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Fudo Tetra Cash-to-Debt Chart

Fudo Tetra Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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10.85

2.61

7.86

2.35

1.54

Fudo Tetra Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															2.40	1.54	2.31	1.30	1.57

Competitive Comparison of Fudo Tetra's Cash-to-Debt

For the Engineering & Construction subindustry, Fudo Tetra'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.

Fudo Tetra's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fudo Tetra's Cash-to-Debt distribution charts can be found below:

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

Fudo Tetra 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.

Fudo Tetra's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	9799	/	(5741	+	643)
	=	1.53

Fudo Tetra's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	8694	/	(4886	+	650)
	=	1.57

Fudo Tetra (TSE:1813) 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.

Fudo Tetra Cash-to-Debt Related Terms

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

Fudo Tetra (TSE:1813) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fudo Tetra Corp (TSE:1813) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-2, Nihonbashi-koami-cho, 11th Floor, Pentel Building, Chuo-ku, Tokyo, JPN, 103-0016

Website

https://www.fudotetra.co.jp

Fudo Tetra Corp is engaged in the business of construction work. It operates through three businesses. Its Civil Engineering business is involved in the construction of civil engineering sectors such as roads, railways, dams and rivers, water and sewage, and energy facilities, as well as ports and airports, fishing harbors, coasts, and artificial islands. The Ground Improvement business specializes in ground development work. Its Block and Environment business consist of leasing products for wave-dissipating block and foot protection use.

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