Life Intelligent Enterprise Holdings Co (TSE:5856) Cash-to-Debt : 0.49 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Life Intelligent Enterprise Holdings 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. Life Intelligent Enterprise Holdings Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.49.

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, Life Intelligent Enterprise Holdings Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSE:5856' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.49 Med: 2 Max: 3.23
Current: 0.49

During the past 13 years, Life Intelligent Enterprise Holdings Co's highest Cash to Debt Ratio was 3.23. The lowest was 0.49. And the median was 2.00.

TSE:5856's Cash-to-Debt is ranked better than
50.68% of 511 companies
in the Conglomerates industry
Industry Median: 0.48 vs TSE:5856: 0.49

Life Intelligent Enterprise Holdings Co Cash-to-Debt Historical Data

The historical data trend for Life Intelligent Enterprise Holdings 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.

Life Intelligent Enterprise Holdings Co Cash-to-Debt Chart

Life Intelligent Enterprise Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

2.15

2.01

2.96

1.99

1.10

Life Intelligent Enterprise Holdings Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.91	1.10	1.10	0.76	0.49

Competitive Comparison of Life Intelligent Enterprise Holdings Co's Cash-to-Debt

For the Conglomerates subindustry, Life Intelligent Enterprise Holdings 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.

Life Intelligent Enterprise Holdings Co's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Life Intelligent Enterprise Holdings Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Life Intelligent Enterprise Holdings Co's Cash-to-Debt falls into.

Life Intelligent Enterprise Holdings 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.

Life Intelligent Enterprise Holdings Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	978.733	/	(447.675	+	444.833)
	=	1.10

Life Intelligent Enterprise Holdings Co's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	931.505	/	(1202.431	+	701.67)
	=	0.49

Life Intelligent Enterprise Holdings Co (TSE:5856) 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.

Life Intelligent Enterprise Holdings Co Cash-to-Debt Related Terms

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

Life Intelligent Enterprise Holdings Co (TSE:5856) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Life Intelligent Enterprise Holdings Co Ltd (TSE:5856) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

36-11 Minamisuna 2-chome, Primm Tower Toyocho 4th Floor, Koto-ku, Tokyo, JPN, 63-0076

Website

http://lieh.co.jp

Life Intelligent Enterprise Holdings Co Ltd is a holding company engaged in diversified businesses. It is engaged in the retail and commercial wholesale of alcoholic beverages and food, manufacture and sale of liquor, educational books, production and sales of teaching materials, infant development software, production and sales of teaching materials, construction and sale of e-learning (Internet learning) system.

Life Intelligent Enterprise Holdings Co (TSE:5856) Headlines

No Headlines