SecuAvail (TSE:3042) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is SecuAvail 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. SecuAvail's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt ⁽¹⁾.

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

(1) 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.

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

TSE:3042' s Cash-to-Debt Range Over the Past 10 Years
Min: 10.29 Med: No Debt Max: No Debt
Current: 240.06

During the past 13 years, SecuAvail's highest Cash to Debt Ratio was No Debt. The lowest was 10.29. And the median was No Debt.

TSE:3042's Cash-to-Debt is ranked better than
88.13% of 2796 companies
in the Software industry
Industry Median: 2.33 vs TSE:3042: 240.06

SecuAvail Cash-to-Debt Historical Data

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

SecuAvail Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

23.76

No Debt

122.39

278.21

SecuAvail Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	278.21	No Debt

Competitive Comparison of SecuAvail's Cash-to-Debt

For the Software - Infrastructure subindustry, SecuAvail'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.

SecuAvail's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, SecuAvail's Cash-to-Debt distribution charts can be found below:

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

SecuAvail 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.

SecuAvail's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	1200.74	/	(2.008	+	2.308)
	=	278.21

SecuAvail's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

SecuAvail had no debt ⁽¹⁾.

SecuAvail (TSE:3042) 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.

SecuAvail Cash-to-Debt Related Terms

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

SecuAvail Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SecuAvail Inc (TSE:3042) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-19, Higashi-Temma, Osaka, JPN

Website

http://www.secuavail.com

SecuAvail Inc operates as the provider of managed security support and log analysis in Japan. It is engaged in the design, construction, operation monitoring, log analysis of computer network security system, sales of related products. Its network security systems include NetStare, Logstare. Its services include application security, integrated log management, and security diagnosis.

SecuAvail Headlines

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SecuAvail (TSE:3042) Cash-to-Debt : No Debt (1) (As of Sep. 2024)