Access Co (TSE:4813) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jul. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Access 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. Access Co's cash to debt ratio for the quarter that ended in Jul. 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, Access Co could pay off its debt using the cash in hand for the quarter that ended in Jul. 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 Access Co's Cash-to-Debt or its related term are showing as below:

TSE:4813' s Cash-to-Debt Range Over the Past 10 Years
Min: 936.04 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Access Co's highest Cash to Debt Ratio was No Debt. The lowest was 936.04. And the median was No Debt.

TSE:4813's Cash-to-Debt is ranked better than
99.86% of 2802 companies
in the Software industry
Industry Median: 2.67 vs TSE:4813: No Debt

Access Co Cash-to-Debt Historical Data

The historical data trend for Access 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.

Access Co Cash-to-Debt Chart

Access Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Access Co Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

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

For the Information Technology Services subindustry, Access 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.

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

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

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

Save Embed

;

Save Embed

;

Access 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.

Access Co's Cash to Debt Ratio for the fiscal year that ended in Jan. 2024 is calculated as:

Access Co had no debt ⁽¹⁾.

Access Co's Cash to Debt Ratio for the quarter that ended in Jul. 2024 is calculated as:

Access Co had no debt ⁽¹⁾.

Access Co (TSE:4813) 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.

Access Co Cash-to-Debt Related Terms

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

Access Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Access Co Ltd (TSE:4813) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-10-2 Nakase, Mihama, Chiba, JPN, 261-0023

Website

http://www.access-company.com

Access Co Ltd is a Japan-based company. It is a provider of software technologies to the mobile and beyond-personal computer markets. The company provides products that are browser solutions, solutions for internet appliances, digital publishing solutions, smartphone solutions, cloud solutions, and network solutions. The company offers its services to Europe, Asia, and North America market regions.

Access Co Headlines

No Headlines

Access Co (TSE:4813) Cash-to-Debt : No Debt (1) (As of Jul. 2024)