EM Systems Co (TSE:4820) Cash-to-Debt : 3.68 (As of Dec. 2023)

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What is EM Systems 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. EM Systems Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.68.

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, EM Systems Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSE:4820' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.62 Med: 13.03 Max: 1657.8
Current: 3.68

During the past 13 years, EM Systems Co's highest Cash to Debt Ratio was 1657.80. The lowest was 0.62. And the median was 13.03.

TSE:4820's Cash-to-Debt is ranked better than
72.82% of 655 companies
in the Healthcare Providers & Services industry
Industry Median: 0.74 vs TSE:4820: 3.68

EM Systems Co Cash-to-Debt Historical Data

The historical data trend for EM Systems 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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EM Systems Co Cash-to-Debt Chart

EM Systems Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Cash-to-Debt

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11.02

33.28

100.81

1,657.80

81.48

EM Systems Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															81.48	17.11	15.49	3.26	3.68

Competitive Comparison of EM Systems Co's Cash-to-Debt

For the Health Information Services subindustry, EM Systems 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.

EM Systems Co's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EM Systems Co's Cash-to-Debt distribution charts can be found below:

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

EM Systems 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.

EM Systems Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	8881	/	(35	+	74)
	=	81.48

EM Systems Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	9441	/	(1002	+	1564)
	=	3.68

EM Systems Co (TSE:4820) 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.

EM Systems Co Cash-to-Debt Related Terms

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EM Systems Co (TSE:4820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » EM Systems Co Ltd (TSE:4820) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

EMO:Germany

Address

Osaka Miyahara 1-chome, sixth No. 1 Shin-Osaka brick building, Yodogawa-ku, Osaka, JPN, 532-0003

Website

http://www.emsystems.co.jp

EM Systems Co Ltd is a Japan-based company. Along with its subsidiaries, the firm is engaged in the development, sales, and maintenance of computer software for medical business. It operates its business in three divisions Dispensing system business develops and sells systems for pharmacies. Medical system business develops and sells medical office processing computer system for medical institutions, mainly clinics, and provides supplementary supply and maintenance service. Other business division develops, sell and maintain maintenance service for medical care nursing collaboration solutions and systems for nursing care service providers.

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