Kuradashi Co (TSE:5884) Cash-to-Debt : 16.41 (As of Jun. 2023)

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What is Kuradashi 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. Kuradashi Co's cash to debt ratio for the quarter that ended in Jun. 2023 was 16.41.

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, Kuradashi Co could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

TSE:5884' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.4 Med: 5.97 Max: 16.41
Current: 16.41

During the past 3 years, Kuradashi Co's highest Cash to Debt Ratio was 16.41. The lowest was 1.40. And the median was 5.97.

TSE:5884's Cash-to-Debt is ranked better than
89.84% of 305 companies
in the Retail - Defensive industry
Industry Median: 0.43 vs TSE:5884: 16.41

Kuradashi Co Cash-to-Debt Historical Data

The historical data trend for Kuradashi 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.

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Kuradashi Co Cash-to-Debt Chart

Kuradashi Co Annual Data

Trend

Jun21

Jun22

Jun23

Cash-to-Debt

1.40

5.97

16.41

Kuradashi Co Semi-Annual Data
	Jun21	Jun22	Jun23
Cash-to-Debt	1.40	5.97	16.41

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

For the Food Distribution subindustry, Kuradashi 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.

Kuradashi Co's Cash-to-Debt Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kuradashi Co's Cash-to-Debt distribution charts can be found below:

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

Kuradashi 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.

Kuradashi Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	1048.856	/	(25.808	+	38.117)
	=	16.41

Kuradashi Co's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	1048.856	/	(25.808	+	38.117)
	=	16.41

Kuradashi Co (TSE:5884) 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.

Kuradashi Co Cash-to-Debt Related Terms

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Kuradashi Co (TSE:5884) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kuradashi Co Ltd (TSE:5884) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-2-1 Kamiosaki, 5th floor, Meguro Center Building, Shinagawa-ku, Tokyo, JPN, 141-0021

Website

https://corp.kuradashi.jp

Kuradashi Co Ltd is a shopping site that aims to reduce food loss. By selling products that are still edible but likely to be thrown away at a reasonable price and donating a portion of the sales to various organizations working on environmental protection and disaster relief. Its mission is to continue to be a social good company.

Kuradashi Co (TSE:5884) Headlines

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