Fusic Co (TSE:5256) Cash-to-Debt : 17.91 (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Fusic 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. Fusic Co's cash to debt ratio for the quarter that ended in Jun. 2024 was 17.91.

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, Fusic Co could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

TSE:5256' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.36 Med: 9.26 Max: 13.5
Current: 13.5

During the past 4 years, Fusic Co's highest Cash to Debt Ratio was 13.50. The lowest was 2.36. And the median was 9.26.

TSE:5256's Cash-to-Debt is ranked better than
71.55% of 2812 companies
in the Software industry
Industry Median: 2.345 vs TSE:5256: 13.50

Fusic Co Cash-to-Debt Historical Data

The historical data trend for Fusic 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.

Fusic Co Cash-to-Debt Chart

Fusic Co Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

2.56

2.36

10.60

17.91

Fusic Co Quarterly Data
	Jun21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash-to-Debt	Get a 7-Day Free Trial				10.60	10.58	12.71	13.50	17.91

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

For the Software - Application subindustry, Fusic 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.

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

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

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

Fusic 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.

Fusic Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	776.362	/	(43.349	+	0)
	=	17.91

Fusic Co's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	776.362	/	(43.349	+	0)
	=	17.91

Fusic Co (TSE:5256) 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.

Fusic Co Cash-to-Debt Related Terms

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

Fusic Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fusic Co Ltd (TSE:5256) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-1-7 Tenjin, Fukuoka Prefecture 3rd Myojo Building, 6th Floor, Chuo-ku, Fukuoka, JPN, 810-0001

Website

https://www.fusic.co.jp

Fusic Co Ltd is engaged in the Digital transformation business which supports system development using cloud infrastructure and data utilization by combining IoT, cloud and AI technologies.

Fusic Co Headlines

No Headlines