Dualtap Co (TSE:3469) Cash-to-Debt : 0.41 (As of Dec. 2024)

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What is Dualtap 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. Dualtap Co's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.41.

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, Dualtap Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

TSE:3469' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.33 Max: 1.01
Current: 0.41

During the past 10 years, Dualtap Co's highest Cash to Debt Ratio was 1.01. The lowest was 0.07. And the median was 0.33.

TSE:3469's Cash-to-Debt is ranked better than
61.62% of 1756 companies
in the Real Estate industry
Industry Median: 0.25 vs TSE:3469: 0.41

Dualtap Co Cash-to-Debt Historical Data

The historical data trend for Dualtap 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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Dualtap Co Cash-to-Debt Chart

Dualtap Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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1.01

0.11

0.33

0.77

0.28

Dualtap Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.37	0.20	0.16	0.28	0.41

Competitive Comparison of Dualtap Co's Cash-to-Debt

For the Real Estate - Diversified subindustry, Dualtap 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.

Dualtap Co's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dualtap Co's Cash-to-Debt distribution charts can be found below:

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

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Dualtap 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.

Dualtap Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	1030.845	/	(1848.445	+	1869.036)
	=	0.28

Dualtap Co's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	1106.92	/	(801.434	+	1910.08)
	=	0.41

Dualtap Co (TSE:3469) 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.

Dualtap Co Cash-to-Debt Related Terms

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Dualtap Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dualtap Co Ltd (TSE:3469) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-7 Hisamatsucho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0005

Website

https://www.dualtap.co.jp

Dualtap Co Ltd is a real estate company. Along with its subsidiaries, the company operates across various business segments such as the Real estate sales business, Real estate management business, Overseas real estate business, and the Sales support business. A majority of its revenue is generated from the Real estate sales business which plans and develops asset management condominiums, called XEBEC across various wards of Tokyo. The properties developed are sold to individual investors, REITs, real estate funds, corporate corporations, etc.

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