Sasatoku Printing Co (TSE:3958) Cash-to-Debt : 1.38 (As of Jun. 2023)

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What is Sasatoku Printing 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. Sasatoku Printing Co's cash to debt ratio for the quarter that ended in Jun. 2023 was 1.38.

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, Sasatoku Printing Co could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

TSE:3958' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.5 Med: 1 Max: 1.38
Current: 1.38

During the past 3 years, Sasatoku Printing Co's highest Cash to Debt Ratio was 1.38. The lowest was 0.50. And the median was 1.00.

TSE:3958's Cash-to-Debt is ranked better than
54.54% of 1069 companies
in the Business Services industry
Industry Median: 0.99 vs TSE:3958: 1.38

Sasatoku Printing Co Cash-to-Debt Historical Data

The historical data trend for Sasatoku Printing 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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Sasatoku Printing Co Cash-to-Debt Chart

Sasatoku Printing Co Annual Data

Trend

Jun21

Jun22

Jun23

Cash-to-Debt

0.50

1.00

1.38

Sasatoku Printing Co Semi-Annual Data
	Jun21	Jun22	Jun23
Cash-to-Debt	0.50	1.00	1.38

Competitive Comparison of Sasatoku Printing Co's Cash-to-Debt

For the Specialty Business Services subindustry, Sasatoku Printing 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.

Sasatoku Printing Co's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sasatoku Printing Co's Cash-to-Debt distribution charts can be found below:

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

Sasatoku Printing 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.

Sasatoku Printing Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	1910.586	/	(709.912	+	674.32)
	=	1.38

Sasatoku Printing Co's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	1910.586	/	(709.912	+	674.32)
	=	1.38

Sasatoku Printing Co (TSE:3958) 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.

Sasatoku Printing Co Cash-to-Debt Related Terms

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Sasatoku Printing Co (TSE:3958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sasatoku Printing Co Ltd (TSE:3958) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Owaki, Sakae-cho, Toyoake-shi, Aichi, JPN, 470?1196

Website

https://www.sasatoku.co.jp

Sasatoku Printing Co Ltd is engaged in Plate making, printing, processing and sales of paper and packaging materials. Planning, editing, production and sales of publications and advertising media.

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