AOHATA (TSE:2830) Cash-to-Debt : 1.58 (As of Feb. 2024)

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What is AOHATA 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. AOHATA's cash to debt ratio for the quarter that ended in Feb. 2024 was 1.58.

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, AOHATA could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSE:2830' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.32 Max: 1.58
Current: 1.58

During the past 13 years, AOHATA's highest Cash to Debt Ratio was 1.58. The lowest was 0.13. And the median was 0.32.

TSE:2830's Cash-to-Debt is ranked better than
68.03% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs TSE:2830: 1.58

AOHATA Cash-to-Debt Historical Data

The historical data trend for AOHATA'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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AOHATA Cash-to-Debt Chart

AOHATA Annual Data

Trend

Oct14

Oct15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

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0.21

0.33

0.57

0.40

1.23

AOHATA Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.44	0.28	0.42	1.23	1.58

Competitive Comparison of AOHATA's Cash-to-Debt

For the Packaged Foods subindustry, AOHATA'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.

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

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

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

AOHATA 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.

AOHATA's Cash to Debt Ratio for the fiscal year that ended in Nov. 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)
	=	1315.675	/	(285.852	+	784.888)
	=	1.23

AOHATA's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	1580.789	/	(285.984	+	713.425)
	=	1.58

AOHATA (TSE:2830) 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.

AOHATA Cash-to-Debt Related Terms

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AOHATA (TSE:2830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AOHATA Corp (TSE:2830) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-25 Tadanouminaka-machi, Takehara-shi, Hiroshima, JPN, 729-2392

Website

http://www.aohata.co.jp

AOHATA Corp operates in the packaged food industry. The company specializes in producing low-sugar jams. The company in collaboration with Kewpie Corporation also offers pasta sauces, cooking sauces, and other food products. The product range includes orange marmalade, strawberry jam, blueberry jam and portion-pack jams of various kinds. The company primarily serves dairy products, confectionery, and bakery industries.

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