Tokyo Kikai Seisakusho (TSE:6335) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Tokyo Kikai Seisakusho 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. Tokyo Kikai Seisakusho's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt ⁽¹⁾.

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, Tokyo Kikai Seisakusho could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(1) 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.

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

TSE:6335' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.27 Med: No Debt Max: No Debt
Current: 128.3

During the past 13 years, Tokyo Kikai Seisakusho's highest Cash to Debt Ratio was No Debt. The lowest was 1.27. And the median was No Debt.

TSE:6335's Cash-to-Debt is ranked better than
90.11% of 2993 companies
in the Industrial Products industry
Industry Median: 1.23 vs TSE:6335: 128.30

Tokyo Kikai Seisakusho Cash-to-Debt Historical Data

The historical data trend for Tokyo Kikai Seisakusho'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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Tokyo Kikai Seisakusho Cash-to-Debt Chart

Tokyo Kikai Seisakusho Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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118.43

6.32

1.55

108.37

158.27

Tokyo Kikai Seisakusho 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															No Debt	No Debt	No Debt	158.27	No Debt

Competitive Comparison of Tokyo Kikai Seisakusho's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Tokyo Kikai Seisakusho'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.

Tokyo Kikai Seisakusho's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tokyo Kikai Seisakusho's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Tokyo Kikai Seisakusho's Cash-to-Debt falls into.

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Tokyo Kikai Seisakusho 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.

Tokyo Kikai Seisakusho'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)
	=	8508.938	/	(24.692	+	29.072)
	=	158.26

Tokyo Kikai Seisakusho's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Tokyo Kikai Seisakusho had no debt ⁽¹⁾.

Tokyo Kikai Seisakusho (TSE:6335) 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.

Tokyo Kikai Seisakusho Cash-to-Debt Related Terms

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

Tokyo Kikai Seisakusho Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tokyo Kikai Seisakusho Ltd (TSE:6335) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-11-36 Mita, 6th floor, Mita Nitto Daibiru, Minato-ku, Tokyo, JPN, 108-8375

Website

http://www.tks-net.co.jp

Tokyo Kikai Seisakusho Ltd is a Japan-based company operating in the printing manufacturing industry. It is principally engaged in manufacturing and sale of printing and press equipment. The products offered by the company are newspaper printing machine, color top web offset press, commercial web offset press, digital printing press, jetleader, automation and manpower saving systems, related peripheral equipment, other machinery and equipment, and business-related power generation and storage.

Tokyo Kikai Seisakusho Headlines

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Tokyo Kikai Seisakusho (TSE:6335) Cash-to-Debt : No Debt (1) (As of Sep. 2024)