A D Works Group Co (TSE:2982) Cash-to-Debt : 0.24 (As of Jun. 2024)

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What is A D Works Group 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. A D Works Group Co's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.24.

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, A D Works Group 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 A D Works Group Co's Cash-to-Debt or its related term are showing as below:

TSE:2982' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21 Med: 0.3 Max: 0.48
Current: 0.24

During the past 3 years, A D Works Group Co's highest Cash to Debt Ratio was 0.48. The lowest was 0.21. And the median was 0.30.

TSE:2982's Cash-to-Debt is ranked worse than
50.85% of 1772 companies
in the Real Estate industry
Industry Median: 0.25 vs TSE:2982: 0.24

A D Works Group Co Cash-to-Debt Historical Data

The historical data trend for A D Works Group 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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A D Works Group Co Cash-to-Debt Chart

A D Works Group Co Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.41

0.23

0.28

A D Works Group Co Quarterly Data
	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												0.28	0.29	0.28	0.21	0.24

Competitive Comparison of A D Works Group Co's Cash-to-Debt

For the Real Estate Services subindustry, A D Works Group 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.

A D Works Group Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, A D Works Group Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where A D Works Group Co's Cash-to-Debt falls into.

A D Works Group 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.

A D Works Group Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	9810.667	/	(8183.601	+	26627.216)
	=	0.28

A D Works Group 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)
	=	9611.881	/	(6454.427	+	34111.549)
	=	0.24

A D Works Group Co (TSE:2982) 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.

A D Works Group Co Cash-to-Debt Related Terms

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A D Works Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » A D Works Group Co Ltd (TSE:2982) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-3, Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

https://www.re-adworks.com

A D Works Group Co Ltd specializes in providing real estate investment and management solutions to high net-worth individuals. The company provides long-term investment support through not only the renovation and sales of income properties, but also through a variety of one-stop consultation services, including post-sale property management and repair, real estate appraisal, and inheritance tax measures. Its services include real estate leasing and sales, property management, real estate consulting, renovation and repairs, and real estate tech.

A D Works Group Co Headlines

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