Flect Co (TSE:4414) Cash-to-Debt : 2.29 (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Flect 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. Flect Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 2.29.

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, Flect Co 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 Flect Co's Cash-to-Debt or its related term are showing as below:

TSE:4414' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.17 Med: 2.05 Max: 3.56
Current: 2.29

During the past 5 years, Flect Co's highest Cash to Debt Ratio was 3.56. The lowest was 1.17. And the median was 2.05.

TSE:4414's Cash-to-Debt is ranked worse than
51.77% of 2803 companies
in the Software industry
Industry Median: 2.61 vs TSE:4414: 2.29

Flect Co Cash-to-Debt Historical Data

The historical data trend for Flect 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.

* Premium members only.

Flect Co Cash-to-Debt Chart

Flect Co Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

3.56

1.17

2.37

1.82

2.69

Flect 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									1.70	2.26	2.41	2.69	2.29

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

For the Software - Infrastructure subindustry, Flect 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.

Flect Co's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Flect Co's Cash-to-Debt distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Flect 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.

Flect 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)
	=	1575.067	/	(67.14	+	518.15)
	=	2.69

Flect Co'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)
	=	1262.179	/	(64.38	+	485.96)
	=	2.29

Flect Co (TSE:4414) 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.

Flect Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Flect Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Flect Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flect Co Ltd (TSE:4414) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-6 Uchisaiwai-cho, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

https://www.flect.co.jp

Flect Co Ltd is engaged in the Cloud integration service for digital transformation, and mobility business optimization SaaS Cariot servicres.

Flect Co Headlines

No Headlines