Rock Field Co (TSE:2910) Cash-to-Debt : 12.30 (As of Jan. 2024)

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What is Rock Field 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. Rock Field Co's cash to debt ratio for the quarter that ended in Jan. 2024 was 12.30.

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, Rock Field Co could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

TSE:2910' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.54 Med: 15.21 Max: 131.84
Current: 12.3

During the past 13 years, Rock Field Co's highest Cash to Debt Ratio was 131.84. The lowest was 4.54. And the median was 15.21.

TSE:2910's Cash-to-Debt is ranked better than
84.47% of 1861 companies
in the Consumer Packaged Goods industry
Industry Median: 0.52 vs TSE:2910: 12.30

Rock Field Co Cash-to-Debt Historical Data

The historical data trend for Rock Field 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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Rock Field Co Cash-to-Debt Chart

Rock Field Co Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

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16.19

5.84

5.19

7.01

8.18

Rock Field Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															11.00	8.18	14.82	18.03	12.30

Competitive Comparison of Rock Field Co's Cash-to-Debt

For the Packaged Foods subindustry, Rock Field 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.

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

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

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

Rock Field 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.

Rock Field Co's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	13823	/	(1090	+	600)
	=	8.18

Rock Field Co's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	13960	/	(685	+	450)
	=	12.30

Rock Field Co (TSE:2910) 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.

Rock Field Co Cash-to-Debt Related Terms

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Rock Field Co (TSE:2910) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rock Field Co Ltd (TSE:2910) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

15-2 Uozakihama-machi, Higashinada-ku,, Kobe, JPN

Website

http://www.rockfield.co.jp

Rock Field Co Ltd is engaged in the production and sale of prepared dishes. It provides prepared dishes through the operation of various stores, including RF1, Kobe Croquettes, Mikka-Bozu and Itohan, Yugo and RF1 Asia, Vegeteria and be Organic. In addition, it is also involved in the sale of delicatessen. Geographically, the activities of the firm are functioned through the region of Japan.

Rock Field Co (TSE:2910) Headlines

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