Molitec Steel Co (TSE:5986) Cash-to-Debt : 0.91 (As of Sep. 2024)

View and export this data going back to 1963. Start your Free Trial

What is Molitec Steel 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. Molitec Steel Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.91.

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, Molitec Steel Co 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 Molitec Steel Co's Cash-to-Debt or its related term are showing as below:

TSE:5986' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.79 Med: 2.11 Max: 5.36
Current: 0.91

During the past 13 years, Molitec Steel Co's highest Cash to Debt Ratio was 5.36. The lowest was 0.79. And the median was 2.11.

TSE:5986's Cash-to-Debt is ranked better than
68.53% of 626 companies
in the Steel industry
Industry Median: 0.4 vs TSE:5986: 0.91

Molitec Steel Co Cash-to-Debt Historical Data

The historical data trend for Molitec Steel 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.

Molitec Steel Co Cash-to-Debt Chart

Molitec Steel Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

2.37

2.35

1.87

0.85

1.04

Molitec Steel Co 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															0.79	0.93	0.92	1.04	0.91

Competitive Comparison of Molitec Steel Co's Cash-to-Debt

For the Steel subindustry, Molitec Steel 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.

Molitec Steel Co's Cash-to-Debt Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Molitec Steel Co's Cash-to-Debt distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Molitec Steel 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.

Molitec Steel Co'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)
	=	5705.152	/	(3703.327	+	1807.075)
	=	1.04

Molitec Steel Co'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)
	=	5547.709	/	(4617.937	+	1495.581)
	=	0.91

Molitec Steel Co (TSE:5986) 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.

Molitec Steel Co Cash-to-Debt Related Terms

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

Molitec Steel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Molitec Steel Co Ltd (TSE:5986) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

18-31 Tanimachi 6-chome, Chuo-ku, Osaka, JPN, 542-0012

Website

http://www.molitec.co.jp

Molitec Steel Co Ltd operates in the steel industry. The company is engaged in the business of processing and selling Cold Rolled Special Steel Strips, Stainless Steel Strips, and Various Steel Strips. The company is also involved in the manufacture and sale of various machinery tools, steel parts, plastic products and parts, and the import and export of merchandise.

Molitec Steel Co Headlines

No Headlines