Yamami Co (TSE:2820) Cash-to-Debt : 0.38 (As of Jun. 2024)

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What is Yamami 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. Yamami Co's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.38.

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

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

TSE:2820' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: 0.38
Current: 0.38

During the past 10 years, Yamami Co's highest Cash to Debt Ratio was 0.38. The lowest was 0.04. And the median was 0.11.

TSE:2820's Cash-to-Debt is ranked worse than
55.3% of 1877 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs TSE:2820: 0.38

Yamami Co Cash-to-Debt Historical Data

The historical data trend for Yamami 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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Yamami Co Cash-to-Debt Chart

Yamami Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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0.04

0.07

0.05

0.15

0.38

Yamami Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.15	0.05	0.22	0.24	0.38

Competitive Comparison of Yamami Co's Cash-to-Debt

For the Packaged Foods subindustry, Yamami 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.

Yamami Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yamami Co's Cash-to-Debt distribution charts can be found below:

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

Yamami 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.

Yamami Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	840.983	/	(467.236	+	1761.454)
	=	0.38

Yamami Co's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	840.983	/	(467.236	+	1761.454)
	=	0.38

Yamami Co (TSE:2820) 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.

Yamami Co Cash-to-Debt Related Terms

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

Yamami Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yamami Co (TSE:2820) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

73-5, Mihara Nishimachi Kohara Shouli, Hiroshima, JPN, 990-0473

Website

http://www.yamami.co.jp

Yamami Co is engaged in the manufacture and sale of soy products, including tofu, atsuage and aburaage in Japan. Its product includes deep-fried tofu, silk tofu, filled tofu, ottoro tofu and cotton tofu, as well as processed marine food, such as fried fish balls.

Yamami Co Headlines

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