Vario Secure (TSE:4494) Cash-to-Debt : 0.62 (As of Feb. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Vario Secure 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. Vario Secure's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.62.

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, Vario Secure couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSE:4494' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.24 Max: 0.69
Current: 0.62

During the past 7 years, Vario Secure's highest Cash to Debt Ratio was 0.69. The lowest was 0.10. And the median was 0.24.

TSE:4494's Cash-to-Debt is ranked worse than
72.71% of 2800 companies
in the Software industry
Industry Median: 2.55 vs TSE:4494: 0.62

Vario Secure Cash-to-Debt Historical Data

The historical data trend for Vario Secure'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.

Vario Secure Cash-to-Debt Chart

Vario Secure Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

Get a 7-Day Free Trial

0.24

0.26

0.22

0.69

0.62

Vario Secure Quarterly Data
	Feb18	Feb19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.69	0.55	0.54	0.53	0.62

Competitive Comparison of Vario Secure's Cash-to-Debt

For the Software - Infrastructure subindustry, Vario Secure'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.

Vario Secure's Cash-to-Debt Distribution in the Software Industry

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

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

Vario Secure 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.

Vario Secure's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	822.301	/	(200	+	1128.841)
	=	0.62

Vario Secure's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	822.301	/	(200	+	1128.841)
	=	0.62

Vario Secure (TSE:4494) 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.

Vario Secure Cash-to-Debt Related Terms

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

Vario Secure (TSE:4494) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vario Secure Inc (TSE:4494) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sumitomo Shoji Nishikicho, Building 1-6 Kandanishikicho Chiyoda-ku, Tokyo, JPN, 101-0054

Website

https://www.variosecure.net

Vario Secure Inc is engaged in providing internet security services which protect network environment of enterprises from various threats arising from internet usage, by utilizing its in-house developed security instruments and unique operation system. The company provides one-stop security services from installation and implementation to operation, monitoring and support to small and medium-sized enterprises which have difficulties in sparing dedicated personnel to IT issues which have been and are becoming sophisticated and complicated day to day.

Vario Secure (TSE:4494) Headlines

No Headlines