Migalo Holdings (TSE:5535) Cash-to-Debt : 0.25 (As of Sep. 2024)

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What is Migalo Holdings 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. Migalo Holdings's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.25.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Migalo Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

TSE:5535' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.27 Max: 0.4
Current: 0.25

During the past 10 years, Migalo Holdings's highest Cash to Debt Ratio was 0.40. The lowest was 0.11. And the median was 0.27.

TSE:5535's Cash-to-Debt is ranked better than
50.48% of 1771 companies
in the Real Estate industry
Industry Median: 0.25 vs TSE:5535: 0.25

Migalo Holdings Cash-to-Debt Historical Data

The historical data trend for Migalo Holdings'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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Migalo Holdings Cash-to-Debt Chart

Migalo Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.30

0.31

0.39

0.24

0.28

Migalo Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.24	0.27	0.28	0.28	0.25

Competitive Comparison of Migalo Holdings's Cash-to-Debt

For the Real Estate Services subindustry, Migalo Holdings'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.

Migalo Holdings's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Migalo Holdings's Cash-to-Debt distribution charts can be found below:

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

Migalo Holdings 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.

Migalo Holdings'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)
	=	8898.146	/	(17879.567	+	14522.234)
	=	0.27

Migalo Holdings'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)
	=	9367.202	/	(19079.828	+	18464.35)
	=	0.25

Migalo Holdings (TSE:5535) 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.

Migalo Holdings Cash-to-Debt Related Terms

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Migalo Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Migalo Holdings Inc (TSE:5535) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

41st floor, Shinjuku Island Tower, 6-5-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1341

Website

https://www.migalo.co.jp

Migalo Holdings Inc is engaged in real estate development, sales, leasing, renting, etc., and related operations. It is also engaged in the Management and administration of group companies engaged in face recognition platform services, cloud integration services, contracted system development, etc.

Migalo Holdings Headlines

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