AR Advanced Technology (TSE:5578) Cash-to-Debt : 2.48 (As of Feb. 2024)

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What is AR Advanced Technology 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. AR Advanced Technology's cash to debt ratio for the quarter that ended in Feb. 2024 was 2.48.

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, AR Advanced Technology could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSE:5578' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.78 Med: 2.48 Max: 2.96
Current: 2.48

During the past 3 years, AR Advanced Technology's highest Cash to Debt Ratio was 2.96. The lowest was 1.78. And the median was 2.48.

TSE:5578's Cash-to-Debt is ranked worse than
50.46% of 2798 companies
in the Software industry
Industry Median: 2.55 vs TSE:5578: 2.48

AR Advanced Technology Cash-to-Debt Historical Data

The historical data trend for AR Advanced Technology'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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AR Advanced Technology Cash-to-Debt Chart

AR Advanced Technology Annual Data

Trend

Aug21

Aug22

Aug23

Cash-to-Debt

1.96

2.96

2.71

AR Advanced Technology Quarterly Data
	Aug21	Aug22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial			1.78	1.85	2.71	2.49	2.48

Competitive Comparison of AR Advanced Technology's Cash-to-Debt

For the Information Technology Services subindustry, AR Advanced Technology'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.

AR Advanced Technology's Cash-to-Debt Distribution in the Software Industry

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

* The bar in red indicates where AR Advanced Technology's Cash-to-Debt falls into.

AR Advanced Technology 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.

AR Advanced Technology's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	2385.242	/	(880	+	0)
	=	2.71

AR Advanced Technology's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	2180.886	/	(880	+	0)
	=	2.48

AR Advanced Technology (TSE:5578) 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.

AR Advanced Technology Cash-to-Debt Related Terms

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AR Advanced Technology (TSE:5578) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AR Advanced Technology Inc (TSE:5578) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-14-16 Shibuya, Shibuya Nomura Securities Building 8th floor, Shibuya-ku, Tokyo, JPN, 150-0002

Website

https://www.ari-jp.com

AR Advanced Technology Inc is engaged in the DX solution business utilizing cloud technology, data analysis, and AI. It provides a comprehensive service that goes beyond simple system introduction. Its products and services include Loogue faq, an AI chatbot that is specialized in employee inquiries; Zidoma data which may be useful to reduce fileserver operating costs; and Mieta a cloud contact center analysis management service.

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