Nippon Hume (TSE:5262) Cash-to-Debt : 16.10 (As of Sep. 2024)

View and export this data going back to 1949. Start your Free Trial

What is Nippon Hume 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 Hume's cash to debt ratio for the quarter that ended in Sep. 2024 was 16.10.

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, Nippon Hume could 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 Hume's Cash-to-Debt or its related term are showing as below:

TSE:5262' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.65 Med: 9.55 Max: 16.1
Current: 16.1

During the past 13 years, Nippon Hume's highest Cash to Debt Ratio was 16.10. The lowest was 4.65. And the median was 9.55.

TSE:5262's Cash-to-Debt is ranked better than
87.72% of 1718 companies
in the Construction industry
Industry Median: 0.61 vs TSE:5262: 16.10

Nippon Hume Cash-to-Debt Historical Data

The historical data trend for Nippon Hume'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.

Nippon Hume Cash-to-Debt Chart

Nippon Hume Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

10.99

13.28

13.30

11.64

9.55

Nippon Hume 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															11.86	11.36	12.13	9.55	16.10

Competitive Comparison of Nippon Hume's Cash-to-Debt

For the Building Products & Equipment subindustry, Nippon Hume'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 Hume's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nippon Hume's Cash-to-Debt distribution charts can be found below:

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

Nippon Hume 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 Hume'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)
	=	14391.378	/	(1482.142	+	25.03)
	=	9.55

Nippon Hume'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)
	=	14962.39	/	(920.82	+	8.37)
	=	16.10

Nippon Hume (TSE:5262) 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 Hume Cash-to-Debt Related Terms

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

Nippon Hume Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nippon Hume Corp (TSE:5262) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, No. 33 5-chome, Minato-ku, Tokyo, JPN, 105-0004

Website

http://www.nipponhume.co.jp

Nippon Hume Corp provides one-stop service in the design, manufacture and installation of precast concrete products. The company manufactures and sales of concrete products, chemical products, steel materials, engineering materials, equipment for the disposal of general and industrial waste, equipment for water and air purification, and telecommunication installation work. The product line includes - Precast products, Foundation-related products, and Concrete pipes.

Nippon Hume Headlines

No Headlines