New Constructor's Network Co (TSE:7057) Cash-to-Debt : 8.92 (As of Dec. 2023)

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What is New Constructor's Network 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. New Constructor's Network Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 8.92.

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, New Constructor's Network Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSE:7057' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.99 Med: No Debt Max: No Debt
Current: 8.92

During the past 7 years, New Constructor's Network Co's highest Cash to Debt Ratio was No Debt. The lowest was 7.99. And the median was No Debt.

TSE:7057's Cash-to-Debt is ranked better than
85.26% of 1682 companies
in the Construction industry
Industry Median: 0.625 vs TSE:7057: 8.92

New Constructor's Network Co Cash-to-Debt Historical Data

The historical data trend for New Constructor's Network 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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New Constructor's Network Co Cash-to-Debt Chart

New Constructor's Network Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

371.24

8.60

New Constructor's Network 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															9.66	8.60	8.22	7.99	8.92

Competitive Comparison of New Constructor's Network Co's Cash-to-Debt

For the Engineering & Construction subindustry, New Constructor's Network 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.

New Constructor's Network Co's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, New Constructor's Network Co's Cash-to-Debt distribution charts can be found below:

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

New Constructor's Network 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.

New Constructor's Network 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)
	=	2951.889	/	(96.85	+	246.244)
	=	8.60

New Constructor's Network 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)
	=	2694.821	/	(101.715	+	200.532)
	=	8.92

New Constructor's Network Co (TSE:7057) 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.

New Constructor's Network Co Cash-to-Debt Related Terms

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New Constructor's Network Co (TSE:7057) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » New Constructor's Network Co Ltd (TSE:7057) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-PLACE Shinagawa Higashi, 1-7-18 Minato-ku, Tokyo, JPN, 108-0075

Website

https://www.ncn-se.co.jp

New Constructor's Network Co Ltd is engaged in wooden earthquake-resistant design project. The company is also engaged in construction company network, housing brand, design office network, and Construction related support such as Registration contractor support, Support for long-term superior housing certification application, Insurance financial support.

New Constructor's Network Co (TSE:7057) Headlines

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