Y.S.Food Co (TSE:3358) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Y.S.Food 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. Y.S.Food Co's cash to debt ratio for the quarter that ended in Dec. 2023 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, Y.S.Food Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Y.S.Food Co's Cash-to-Debt or its related term are showing as below:

TSE:3358' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.47 Max: No Debt
Current: 0.39

During the past 13 years, Y.S.Food Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.11. And the median was 0.47.

TSE:3358's Cash-to-Debt is ranked worse than
52.05% of 342 companies
in the Restaurants industry
Industry Median: 0.42 vs TSE:3358: 0.39

Y.S.Food Co Cash-to-Debt Historical Data

The historical data trend for Y.S.Food 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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Y.S.Food Co Cash-to-Debt Chart

Y.S.Food Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.22

0.11

0.56

1.20

Y.S.Food Co 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															1.16	1.20	1.27	No Debt	No Debt

Competitive Comparison of Y.S.Food Co's Cash-to-Debt

For the Restaurants subindustry, Y.S.Food 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.

Y.S.Food Co's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Y.S.Food Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Y.S.Food Co's Cash-to-Debt falls into.

Y.S.Food 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.

Y.S.Food Co'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)
	=	709.492	/	(465.502	+	125.796)
	=	1.20

Y.S.Food Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Y.S.Food Co had no debt ⁽¹⁾.

Y.S.Food Co (TSE:3358) 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.

Y.S.Food Co Cash-to-Debt Related Terms

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Y.S.Food Co (TSE:3358) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Y.S.Food Co Ltd (TSE:3358) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

552-8 Kagamiyama, Kawaramachi Tagawa-gun, Fukuoka, JPN, 822 1402

Website

http://www.ys-food.jp

Y.S.Food Co Ltd is engaged in management of retail stores like Chikuho ramen franchise chain, merchant guidance services of food, noodles, and sale of real estate leasing business. The company also focuses on store planning and store design.

Y.S.Food Co (TSE:3358) Headlines

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Y.S.Food Co (TSE:3358) Cash-to-Debt : No Debt (1) (As of Dec. 2023)