Tsuchiya Holdings Co (TSE:1840) Cash-to-Debt : 0.55 (As of Jan. 2024)

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What is Tsuchiya Holdings 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. Tsuchiya Holdings Co's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.55.

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, Tsuchiya Holdings Co couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

TSE:1840' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.55 Med: 3.88 Max: 116.34
Current: 0.55

During the past 13 years, Tsuchiya Holdings Co's highest Cash to Debt Ratio was 116.34. The lowest was 0.55. And the median was 3.88.

TSE:1840's Cash-to-Debt is ranked better than
51.46% of 103 companies
in the Homebuilding & Construction industry
Industry Median: 0.54 vs TSE:1840: 0.55

Tsuchiya Holdings Co Cash-to-Debt Historical Data

The historical data trend for Tsuchiya Holdings 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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Tsuchiya Holdings Co Cash-to-Debt Chart

Tsuchiya Holdings Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

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72.69

60.37

116.34

57.78

1.11

Tsuchiya Holdings Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.73	1.05	0.76	1.11	0.55

Competitive Comparison of Tsuchiya Holdings Co's Cash-to-Debt

For the Residential Construction subindustry, Tsuchiya Holdings 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.

Tsuchiya Holdings Co's Cash-to-Debt Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Tsuchiya Holdings Co's Cash-to-Debt distribution charts can be found below:

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

Tsuchiya Holdings 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.

Tsuchiya Holdings Co's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	3317.507	/	(27.507	+	2959.715)
	=	1.11

Tsuchiya Holdings Co's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	3269.713	/	(3025.891	+	2954.177)
	=	0.55

Tsuchiya Holdings Co (TSE:1840) 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.

Tsuchiya Holdings Co Cash-to-Debt Related Terms

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Tsuchiya Holdings Co (TSE:1840) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Tsuchiya Holdings Co Ltd (TSE:1840) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-7 Nishi Kita-kujo, Kita-ku, Sapporo, JPN, 060-0809

Website

http://www.tsuchiya.co.jp

Tsuchiya Holdings Co Ltd is a Japan-based construction company. The company is mainly engaged in the design and construction of custom homes, expansion remodeling business, real estate sales business and renovation business. Other services offered by the company include property management for owners, support for building elderly facilities, vacant house and land management services.

Tsuchiya Holdings Co (TSE:1840) Headlines

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