Hirose Tusyo (TSE:7185) Cash-to-Debt : 2.00 (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Hirose Tusyo 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. Hirose Tusyo's cash to debt ratio for the quarter that ended in Sep. 2024 was 2.00.

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, Hirose Tusyo could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

TSE:7185' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.84 Med: 1.54 Max: 2.07
Current: 2

During the past 10 years, Hirose Tusyo's highest Cash to Debt Ratio was 2.07. The lowest was 0.84. And the median was 1.54.

TSE:7185's Cash-to-Debt is ranked worse than
53.25% of 785 companies
in the Capital Markets industry
Industry Median: 2.38 vs TSE:7185: 2.00

Hirose Tusyo Cash-to-Debt Historical Data

The historical data trend for Hirose Tusyo'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.

Hirose Tusyo Cash-to-Debt Chart

Hirose Tusyo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

1.34

1.91

2.07

1.86

1.57

Hirose Tusyo 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															1.73	1.90	1.39	1.57	2.00

Competitive Comparison of Hirose Tusyo's Cash-to-Debt

For the Capital Markets subindustry, Hirose Tusyo'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.

Hirose Tusyo's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hirose Tusyo's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Hirose Tusyo's Cash-to-Debt falls into.

Hirose Tusyo 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.

Hirose Tusyo'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)
	=	11959.71	/	(7600	+	0)
	=	1.57

Hirose Tusyo'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)
	=	13778.828	/	(6900	+	0)
	=	2.00

Hirose Tusyo (TSE:7185) 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.

Hirose Tusyo Cash-to-Debt Related Terms

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

Hirose Tusyo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hirose Tusyo Inc (TSE:7185) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nishi-ku, Osaka Shinmachi 1-chome, No. 3, No. 19 MG building, Yubinbango, Osaka, JPN

Website

http://www.hirose-fx.co.jp

Hirose Tusyo Inc provides foreign exchange margin transactions services. The company mainly provides the services through the internet. Hirose Tsusyo also provides foreign exchange related information or systems to the customers. The company is mainly engaged in foreign exchange margin trading business, which provides investors with foreign exchange margin trading and binary options trading through the Internet; provision of trading systems for group companies; provision of white label services for financial instruments traders, over-the-counter derivative transactions or the intermediary, brokerage business, foreign exchange market derivative transactions, currency trading, commodity futures trading, and foreign exchange transactions.

Hirose Tusyo Headlines

No Headlines