Fujibo Holdings (TSE:3104) Cash-to-Debt : 4.55 (As of Dec. 2023)

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What is Fujibo Holdings 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. Fujibo Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.55.

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, Fujibo Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSE:3104' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 3.02 Max: 13.29
Current: 4.55

During the past 13 years, Fujibo Holdings's highest Cash to Debt Ratio was 13.29. The lowest was 0.29. And the median was 3.02.

TSE:3104's Cash-to-Debt is ranked better than
80.59% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.48 vs TSE:3104: 4.55

Fujibo Holdings Cash-to-Debt Historical Data

The historical data trend for Fujibo Holdings'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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Fujibo Holdings Cash-to-Debt Chart

Fujibo Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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1.98

3.14

3.15

5.37

5.49

Fujibo Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															4.48	5.49	5.79	4.96	4.55

Competitive Comparison of Fujibo Holdings's Cash-to-Debt

For the Textile Manufacturing subindustry, Fujibo Holdings'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.

Fujibo Holdings's Cash-to-Debt Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fujibo Holdings's Cash-to-Debt distribution charts can be found below:

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

Fujibo Holdings 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.

Fujibo Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	8105	/	(1346	+	131)
	=	5.49

Fujibo Holdings's Cash to Debt Ratio for the quarter 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)
	=	6559	/	(1232	+	210)
	=	4.55

Fujibo Holdings (TSE:3104) 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.

Fujibo Holdings Cash-to-Debt Related Terms

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

Fujibo Holdings (TSE:3104) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Fujibo Holdings Inc (TSE:3104) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-18-12, Ningyo-cho Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0013

Website

http://www.fujibo.co.jp

Fujibo Holdings Inc is a Japan-based abrasive product manufacturing company. It operates in four business divisions. Polishing pad business offers precision polishing of silicon wafers and all types of semiconductor materials, metal, and glass. Chemical industrial business is engaged in the production of raw materials for medicines, agricultural chemicals, electronic materials, and functional chemicals. The textile business manufactures special and functional synthetic fibers, including fibers with strong adhesive properties, luminous fibers, thermochromic yarn, and photochromic Yarn. Other businesses include the export of vehicles and automotive components, manufacturing, and sale of chemical products, and refining of used solvents.

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