Japan Craft Holdings Co (TSE:7135) Cash-to-Debt : 0.55 (As of Dec. 2023)

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What is Japan Craft Holdings 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. Japan Craft Holdings Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.55.

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, Japan Craft Holdings Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSE:7135' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.55 Med: 1.18 Max: No Debt
Current: 0.55

During the past 1 years, Japan Craft Holdings Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.55. And the median was 1.18.

TSE:7135's Cash-to-Debt is ranked better than
54.11% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs TSE:7135: 0.55

Japan Craft Holdings Co Cash-to-Debt Historical Data

The historical data trend for Japan Craft Holdings 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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Japan Craft Holdings Co Cash-to-Debt Chart

Japan Craft Holdings Co Annual Data

Trend

Jun22

Cash-to-Debt

43.43

Japan Craft Holdings Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			1.32	1.25	1.10	0.66	0.55

Competitive Comparison of Japan Craft Holdings Co's Cash-to-Debt

For the Apparel Retail subindustry, Japan Craft Holdings 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.

Japan Craft Holdings Co's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Japan Craft Holdings Co's Cash-to-Debt distribution charts can be found below:

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

Japan Craft Holdings 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.

Japan Craft Holdings Co's Cash to Debt Ratio for the fiscal year that ended in Jun. 2022 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)
	=	1330.095	/	(18.993	+	11.633)
	=	43.43

Japan Craft Holdings 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)
	=	1708.001	/	(2167.421	+	966.233)
	=	0.55

Japan Craft Holdings Co (TSE:7135) 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.

Japan Craft Holdings Co Cash-to-Debt Related Terms

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Japan Craft Holdings Co (TSE:7135) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Japan Craft Holdings Co Ltd (TSE:7135) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

7135:Japan

Address

1-210, Takayashiro, Nagoya Meito-ku, Aichi, JPN, 465-0095

Website

https://www.jcraft-hd.co.jp

Japan Craft Holdings Co Ltd formerly Fujikyu Holdings Co Ltd is engaged in the retail business centered on yarn, handicraft supplies, fabrics, dressmaking goods, clothing and other life miscellaneous goods.

Japan Craft Holdings Co (TSE:7135) Headlines

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