Life Foods Co (TSE:3065) Cash-to-Debt : 3.16 (As of Aug. 2024)

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What is Life Foods 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. Life Foods Co's cash to debt ratio for the quarter that ended in Aug. 2024 was 3.16.

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, Life Foods Co could pay off its debt using the cash in hand for the quarter that ended in Aug. 2024.

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

TSE:3065' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.38 Med: 8.1 Max: 26.22
Current: 3.16

During the past 13 years, Life Foods Co's highest Cash to Debt Ratio was 26.22. The lowest was 1.38. And the median was 8.10.

TSE:3065's Cash-to-Debt is ranked better than
89.86% of 345 companies
in the Restaurants industry
Industry Median: 0.42 vs TSE:3065: 3.16

Life Foods Co Cash-to-Debt Historical Data

The historical data trend for Life Foods 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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Life Foods Co Cash-to-Debt Chart

Life Foods Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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26.22

1.64

1.56

1.64

2.09

Life Foods Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Cash-to-Debt	Get a 7-Day Free Trial															1.78	1.93	2.09	2.35	3.16

Competitive Comparison of Life Foods Co's Cash-to-Debt

For the Restaurants subindustry, Life Foods 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.

Life Foods Co's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Life Foods Co's Cash-to-Debt distribution charts can be found below:

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

Life Foods 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.

Life Foods Co's Cash to Debt Ratio for the fiscal year 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)
	=	2793.297	/	(783.357	+	556.41)
	=	2.08

Life Foods Co's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	3000.621	/	(678.626	+	270.277)
	=	3.16

Life Foods Co (TSE:3065) 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.

Life Foods Co Cash-to-Debt Related Terms

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Life Foods Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Life Foods Co Ltd (TSE:3065) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Esaka-cho 1-chome, 13-41, 3-41 SR building Esaka second floor, Osaka, JPN, 564-0063

Website

http://www.meshiya.co.jp

Life Foods Co Ltd is a restaurant operator in Japan. The business of the company includes management of Japanese-style restaurants like Zamome and Street Shop, meishi and Diner, and Sanuki Noodles.

Life Foods Co Headlines

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