Yomeishu Seizo Co (TSE:2540) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Yomeishu Seizo 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. Yomeishu Seizo Co's cash to debt ratio for the quarter that ended in Sep. 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, Yomeishu Seizo 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 Yomeishu Seizo Co's Cash-to-Debt or its related term are showing as below:

TSE:2540' 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, Yomeishu Seizo Co's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSE:2540's Cash-to-Debt is ranked better than
99.51% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 0.4 vs TSE:2540: No Debt

Yomeishu Seizo Co Cash-to-Debt Historical Data

The historical data trend for Yomeishu Seizo 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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Yomeishu Seizo Co Cash-to-Debt Chart

Yomeishu Seizo Co Annual Data

Trend

Mar15

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Mar18

Mar19

Mar20

Mar21

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Mar24

Cash-to-Debt

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No Debt

Yomeishu Seizo Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Yomeishu Seizo Co's Cash-to-Debt

For the Beverages - Wineries & Distilleries subindustry, Yomeishu Seizo 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.

Yomeishu Seizo Co's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Yomeishu Seizo Co's Cash-to-Debt distribution charts can be found below:

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

Yomeishu Seizo 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.

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

Yomeishu Seizo Co had no debt ⁽¹⁾.

Yomeishu Seizo Co's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Yomeishu Seizo Co had no debt ⁽¹⁾.

Yomeishu Seizo Co (TSE:2540) 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.

Yomeishu Seizo Co Cash-to-Debt Related Terms

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Yomeishu Seizo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Yomeishu Seizo Co Ltd (TSE:2540) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-25 Nanpeidai-cho, Tokyo, JPN

Website

http://www.yomeishu.co.jp

Yomeishu Seizo Co Ltd is a Japan-based company operates in Beverage business. It is primarily engaged in the manufacture and sale of liquor under the name Yomeishu. Its products include Herb-no-Megumi series, Kohaku Ginger Liqueur, fruit and herb liqueur series, and HER herbs series. Geographically, the business activities of the group are functioned through the region of Japan and sale of products.

Yomeishu Seizo Co Headlines

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Yomeishu Seizo Co (TSE:2540) Cash-to-Debt : No Debt (1) (As of Sep. 2024)