T Hasegawa Co (TSE:4958) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is T Hasegawa 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. T Hasegawa Co's cash to debt ratio for the quarter that ended in Mar. 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, T Hasegawa Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 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 T Hasegawa Co's Cash-to-Debt or its related term are showing as below:

TSE:4958' s Cash-to-Debt Range Over the Past 10 Years
Min: 43.27 Med: No Debt Max: 19120
Current: No Debt

During the past 13 years, T Hasegawa Co's highest Cash to Debt Ratio was 19120.00. The lowest was 43.27. And the median was No Debt.

TSE:4958's Cash-to-Debt is ranked better than
99.74% of 1547 companies
in the Chemicals industry
Industry Median: 0.74 vs TSE:4958: No Debt

T Hasegawa Co Cash-to-Debt Historical Data

The historical data trend for T Hasegawa 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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T Hasegawa Co Cash-to-Debt Chart

T Hasegawa Co Annual Data

Trend

Sep14

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Sep23

Cash-to-Debt

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No Debt

T Hasegawa Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of T Hasegawa Co's Cash-to-Debt

For the Specialty Chemicals subindustry, T Hasegawa 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.

T Hasegawa Co's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, T Hasegawa Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where T Hasegawa Co's Cash-to-Debt falls into.

T Hasegawa 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.

T Hasegawa Co's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

T Hasegawa Co had no debt ⁽¹⁾.

T Hasegawa Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

T Hasegawa Co had no debt ⁽¹⁾.

T Hasegawa Co (TSE:4958) 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.

T Hasegawa Co Cash-to-Debt Related Terms

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T Hasegawa Co (TSE:4958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » T Hasegawa Co Ltd (TSE:4958) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-4-14, Nihonbashi-honcho, Chuo-ku, Tokyo, JPN, 103-8431

Website

https://www.t-hasegawa.co.jp

T Hasegawa Co Ltd manufactures and sells flavors and fragrances in two segments based on product type. The flavors segment, which generates the majority of revenue, sells flavors used in beverages, desserts, confectioneries, chewing gum, dental cleaning products, and animal feed. The fragrances segment sells fragrances used in perfumes, skin-care and hair-care products, bath additives, detergents, fabric softeners, and air fresheners. The majority of revenue comes from Japan.

T Hasegawa Co (TSE:4958) Headlines

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T Hasegawa Co (TSE:4958) Cash-to-Debt : No Debt (1) (As of Mar. 2024)