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Nagatanien Holdings Co (TSE:2899) Cash-to-Debt : 0.33 (As of Mar. 2024)


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What is Nagatanien 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. Nagatanien Holdings Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.33.

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

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

TSE:2899' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21   Med: 0.26   Max: 0.4
Current: 0.33

During the past 13 years, Nagatanien Holdings Co's highest Cash to Debt Ratio was 0.40. The lowest was 0.21. And the median was 0.26.

TSE:2899's Cash-to-Debt is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 0.52 vs TSE:2899: 0.33

Nagatanien Holdings Co Cash-to-Debt Historical Data

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

Nagatanien Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.25 0.28 0.27 0.33

Nagatanien Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.34 0.34 0.32 0.33

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

For the Packaged Foods subindustry, Nagatanien 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.


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

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

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



Nagatanien 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.

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

Nagatanien Holdings Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

* 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.


Nagatanien Holdings Co  (TSE:2899) 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.


Nagatanien Holdings Co Cash-to-Debt Related Terms

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Nagatanien Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
2-36-1, Nishi-Shimbashi, Minato-ku, Tokyo, JPN
Nagatanien Holdings Co Ltd is a food processing company in Japan that produces and sells ochazuke (rice with green tea), furikake (Japanese rice seasonings), soup, prepared food, flavorings, and noodles. It also provides packaging services for semi-processed products. The company is also engaged in the grocery mail order business.

Nagatanien Holdings Co Headlines

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