Suido Kiko Kaisha (TSE:6403) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2024)

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What is Suido Kiko Kaisha 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. Suido Kiko Kaisha'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, Suido Kiko Kaisha 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 Suido Kiko Kaisha's Cash-to-Debt or its related term are showing as below:

TSE:6403' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.32 Med: 25.23 Max: No Debt
Current: 3.62

During the past 13 years, Suido Kiko Kaisha's highest Cash to Debt Ratio was No Debt. The lowest was 1.32. And the median was 25.23.

TSE:6403's Cash-to-Debt is ranked better than
85.02% of 247 companies
in the Waste Management industry
Industry Median: 0.39 vs TSE:6403: 3.62

Suido Kiko Kaisha Cash-to-Debt Historical Data

The historical data trend for Suido Kiko Kaisha'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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Suido Kiko Kaisha Cash-to-Debt Chart

Suido Kiko Kaisha Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

5.19

9.89

No Debt

1.32

Suido Kiko Kaisha 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	1.69	1.32	No Debt

Competitive Comparison of Suido Kiko Kaisha's Cash-to-Debt

For the Waste Management subindustry, Suido Kiko Kaisha'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.

Suido Kiko Kaisha's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Suido Kiko Kaisha's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Suido Kiko Kaisha's Cash-to-Debt falls into.

Suido Kiko Kaisha 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.

Suido Kiko Kaisha'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)
	=	1971	/	(1499	+	0)
	=	1.31

Suido Kiko Kaisha's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Suido Kiko Kaisha had no debt ⁽¹⁾.

Suido Kiko Kaisha (TSE:6403) 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.

Suido Kiko Kaisha Cash-to-Debt Related Terms

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Suido Kiko Kaisha Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Suido Kiko Kaisha Ltd (TSE:6403) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-48-16, Sakuragaoka, Setagaya-ku, Tokyo, JPN, 156 0054

Website

http://www.suiki.co.jp

Suido Kiko Kaisha Ltd is a Japan-based engineering and construction company. Its business activities include designing, construction and supervision of environmental protection and sanitation facilities and water supply and sewage facilities. In addition, the organization also installs and sells water treatment equipment and measuring instruments. The other businesses of the company are working dispatching business, and manufacturing and selling of industrial chemicals.

Suido Kiko Kaisha Headlines

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Suido Kiko Kaisha (TSE:6403) Cash-to-Debt : No Debt (1) (As of Sep. 2024)