Advanced Media (TSE:3773) Cash-to-Debt : 3.28 (As of Sep. 2024)

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What is Advanced Media 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. Advanced Media's cash to debt ratio for the quarter that ended in Sep. 2024 was 3.28.

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, Advanced Media could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

TSE:3773' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.25 Med: 5.41 Max: No Debt
Current: 3.28

During the past 13 years, Advanced Media's highest Cash to Debt Ratio was No Debt. The lowest was 2.25. And the median was 5.41.

TSE:3773's Cash-to-Debt is ranked better than
66.08% of 2459 companies
in the Hardware industry
Industry Median: 1.29 vs TSE:3773: 3.28

Advanced Media Cash-to-Debt Historical Data

The historical data trend for Advanced Media'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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Advanced Media Cash-to-Debt Chart

Advanced Media Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

25.94

No Debt

2.25

2.71

Advanced Media Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															2.51	2.57	2.63	2.71	3.28

Competitive Comparison of Advanced Media's Cash-to-Debt

For the Communication Equipment subindustry, Advanced Media'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.

Advanced Media's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Advanced Media's Cash-to-Debt distribution charts can be found below:

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

Advanced Media 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.

Advanced Media's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	7254.038	/	(768.48	+	1911.68)
	=	2.71

Advanced Media's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	6978.341	/	(710.48	+	1415.94)
	=	3.28

Advanced Media (TSE:3773) 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.

Advanced Media Cash-to-Debt Related Terms

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Advanced Media Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advanced Media Inc (TSE:3773) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-1-4 Higashi Ikebukuro,Toshima-ku, Tokyo, JPN

Website

http://www.advanced-media.co.jp

Advanced Media Inc is a Japanese company engaged to design and develop speech recognition solutions incorporating AmiVoice. It operates in two business areas including product business and service business. Product business offers application licenses incorporating AmiVoice. And service business offers services incorporating AmiVoice for enterprise users and general consumers. It offers AmiVoice solutions for medical, call center, logistics, mobile, conference proceedings, and language education.

Advanced Media Headlines

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