Mamezo Digital Holdings Co (TSE:202A) Cash-to-Debt : 375.02 (As of Sep. 2024)

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What is Mamezo Digital 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. Mamezo Digital Holdings Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 375.02.

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, Mamezo Digital Holdings Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Mamezo Digital Holdings Co's Cash-to-Debt or its related term are showing as below:

TSE:202A' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.58 Med: 375.02 Max: No Debt
Current: 375.02

During the past 3 years, Mamezo Digital Holdings Co's highest Cash to Debt Ratio was No Debt. The lowest was 2.58. And the median was 375.02.

TSE:202A's Cash-to-Debt is ranked better than
88.4% of 2802 companies
in the Software industry
Industry Median: 2.665 vs TSE:202A: 375.02

Mamezo Digital Holdings Co Cash-to-Debt Historical Data

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

Mamezo Digital Holdings Co Annual Data

Trend

Mar22

Mar23

Mar24

Cash-to-Debt

45.46

No Debt

Mamezo Digital Holdings Co Quarterly Data
	Mar22	Mar23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	2.58	No Debt	N/A	375.02

Competitive Comparison of Mamezo Digital Holdings Co's Cash-to-Debt

For the Information Technology Services subindustry, Mamezo Digital 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.

Mamezo Digital Holdings Co's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Mamezo Digital Holdings Co's Cash-to-Debt distribution charts can be found below:

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

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Mamezo Digital 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.

Mamezo Digital Holdings Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Mamezo Digital Holdings Co had no debt ⁽¹⁾.

Mamezo Digital Holdings 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)
	=	1207.949	/	(0.666	+	2.555)
	=	375.02

Mamezo Digital Holdings Co (TSE:202A) 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.

Mamezo Digital Holdings Co Cash-to-Debt Related Terms

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Mamezo Digital Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Mamezo Digital Holdings Co Ltd (TSE:202A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1-1 Nishishinjuku, Shinjuku-ku, Tokyo, JPN, 163-0434

Website

https://www.mamezo-dhd.com/en

Mamezo Digital Holdings Co Ltd provides cloud consulting services, AI consulting services, AI robotics engineering services, mobility and automation services for and with our clients to enable their enterprise digital shift and increase their digital competitiveness.

Mamezo Digital Holdings Co Headlines

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