Nippon Pallet Pool Co (TSE:4690) Cash-to-Debt : 0.63 (As of Sep. 2024)

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What is Nippon Pallet Pool 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. Nippon Pallet Pool Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.63.

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, Nippon Pallet Pool Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

TSE:4690' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.17 Max: 0.63
Current: 0.63

During the past 13 years, Nippon Pallet Pool Co's highest Cash to Debt Ratio was 0.63. The lowest was 0.12. And the median was 0.17.

TSE:4690's Cash-to-Debt is ranked better than
58.93% of 392 companies
in the Packaging & Containers industry
Industry Median: 0.405 vs TSE:4690: 0.63

Nippon Pallet Pool Co Cash-to-Debt Historical Data

The historical data trend for Nippon Pallet Pool 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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Nippon Pallet Pool Co Cash-to-Debt Chart

Nippon Pallet Pool Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.19

0.30

0.29

0.25

0.55

Nippon Pallet Pool Co 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															0.25	0.31	0.39	0.55	0.63

Competitive Comparison of Nippon Pallet Pool Co's Cash-to-Debt

For the Packaging & Containers subindustry, Nippon Pallet Pool 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.

Nippon Pallet Pool Co's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Nippon Pallet Pool Co's Cash-to-Debt distribution charts can be found below:

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

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Nippon Pallet Pool 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.

Nippon Pallet Pool 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)
	=	1611.678	/	(1693.364	+	1228.37)
	=	0.55

Nippon Pallet Pool 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)
	=	1620.365	/	(1603.368	+	954.998)
	=	0.63

Nippon Pallet Pool Co (TSE:4690) 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.

Nippon Pallet Pool Co Cash-to-Debt Related Terms

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

Nippon Pallet Pool Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Nippon Pallet Pool Co Ltd (TSE:4690) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-8-11 Shibata, Kyoei Building, Kita-ku, Osaka, JPN, 530 0012

Website

http://www.npp-web.co.jp

Nippon Pallet Pool Co Ltd is a Japan based company engaged in the business of providing a pallet pool system that enables corporate activities and supports physical distribution.

Nippon Pallet Pool Co Headlines

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