Happiness and D Co (TSE:3174) Cash-to-Debt : 0.40 (As of Feb. 2024)

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What is Happiness and D 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. Happiness and D Co's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.40.

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, Happiness and D Co couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSE:3174' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 0.44 Max: 0.62
Current: 0.4

During the past 13 years, Happiness and D Co's highest Cash to Debt Ratio was 0.62. The lowest was 0.30. And the median was 0.44.

TSE:3174's Cash-to-Debt is ranked worse than
53.09% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs TSE:3174: 0.40

Happiness and D Co Cash-to-Debt Historical Data

The historical data trend for Happiness and D 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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Happiness and D Co Cash-to-Debt Chart

Happiness and D Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

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0.48

0.56

0.41

0.39

0.36

Happiness and D Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.30	0.31	0.36	0.32	0.40

Competitive Comparison of Happiness and D Co's Cash-to-Debt

For the Specialty Retail subindustry, Happiness and D 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.

Happiness and D Co's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Happiness and D Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Happiness and D Co's Cash-to-Debt falls into.

Happiness and D 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.

Happiness and D Co's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	1937.234	/	(1872.103	+	3569.741)
	=	0.36

Happiness and D Co's Cash to Debt Ratio for the quarter 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)
	=	1954.493	/	(1839.463	+	3013.28)
	=	0.40

Happiness and D Co (TSE:3174) 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.

Happiness and D Co Cash-to-Debt Related Terms

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

Happiness and D Co (TSE:3174) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Happiness and D Co Ltd (TSE:3174) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Toka Building. 4th Floor, 1-16-1 Ginza, Chuo-ku, Tokyo, JPN, 104-0061

Website

http://www.happiness-d.co.jp

Happiness and D Co Ltd manages branded gift stores in Japan. It is engaged in sales of imported brand products, including jewelry, such as imported brand jewelry and diamond jewelry consisting of rings, necklaces, earrings, and bracelets; as well as watches, handbags, and accessories. The company has stores located in Hokkaido, Tohoku, Kanto, Chubu and Chugoku among other locations.

Happiness and D Co (TSE:3174) Headlines

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