Nifty Lifestyle Co (TSE:4262) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Nifty Lifestyle 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. Nifty Lifestyle Co's cash to debt ratio for the quarter that ended in Sep. 2024 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, Nifty Lifestyle Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(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 Nifty Lifestyle Co's Cash-to-Debt or its related term are showing as below:

TSE:4262' s Cash-to-Debt Range Over the Past 10 Years
Min: 44.33 Med: No Debt Max: No Debt
Current: 44.33

During the past 5 years, Nifty Lifestyle Co's highest Cash to Debt Ratio was No Debt. The lowest was 44.33. And the median was No Debt.

TSE:4262's Cash-to-Debt is ranked better than
89.42% of 1768 companies
in the Real Estate industry
Industry Median: 0.25 vs TSE:4262: 44.33

Nifty Lifestyle Co Cash-to-Debt Historical Data

The historical data trend for Nifty Lifestyle 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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Nifty Lifestyle Co Cash-to-Debt Chart

Nifty Lifestyle Co Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

No Debt

60.28

Nifty Lifestyle Co Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial									No Debt	48.55	52.08	60.28	No Debt

Competitive Comparison of Nifty Lifestyle Co's Cash-to-Debt

For the Real Estate Services subindustry, Nifty Lifestyle 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.

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

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

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

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Nifty Lifestyle 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.

Nifty Lifestyle Co'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)
	=	4945.451	/	(82.038	+	0)
	=	60.28

Nifty Lifestyle Co's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Nifty Lifestyle Co had no debt ⁽¹⁾.

Nifty Lifestyle Co (TSE:4262) 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.

Nifty Lifestyle Co Cash-to-Debt Related Terms

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Nifty Lifestyle Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nifty Lifestyle Co Ltd (TSE:4262) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-21-1 Kita-Shinjuku, Shinjuku Front Tower, Shinjuku-ku, Tokyo, JPN, 169-0074

Website

https://www.niftylifestyle.co.jp

Nifty Lifestyle Co Ltd is involved in the Behavior support web business that uses IT technology to make life more convenient and enriching.

Nifty Lifestyle Co Headlines

No Headlines

Nifty Lifestyle Co (TSE:4262) Cash-to-Debt : No Debt (1) (As of Sep. 2024)