Kyokuto Kaihatsu Kogyo Co (TSE:7226) Cash-to-Debt : 1.31 (As of Sep. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Kyokuto Kaihatsu Kogyo 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. Kyokuto Kaihatsu Kogyo Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.31.

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, Kyokuto Kaihatsu Kogyo Co 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 Kyokuto Kaihatsu Kogyo Co's Cash-to-Debt or its related term are showing as below:

TSE:7226' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.64 Med: 3.19 Max: 30.6
Current: 0.64

During the past 13 years, Kyokuto Kaihatsu Kogyo Co's highest Cash to Debt Ratio was 30.60. The lowest was 0.64. And the median was 3.19.

TSE:7226's Cash-to-Debt is ranked worse than
52.94% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.725 vs TSE:7226: 0.64

Kyokuto Kaihatsu Kogyo Co Cash-to-Debt Historical Data

The historical data trend for Kyokuto Kaihatsu Kogyo 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.

* Premium members only.

Kyokuto Kaihatsu Kogyo Co Cash-to-Debt Chart

Kyokuto Kaihatsu Kogyo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

9.39

21.00

30.26

3.04

1.64

Kyokuto Kaihatsu Kogyo Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															1.67	1.64	N/A	1.31	0.64

Competitive Comparison of Kyokuto Kaihatsu Kogyo Co's Cash-to-Debt

For the Farm & Heavy Construction Machinery subindustry, Kyokuto Kaihatsu Kogyo 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.

Kyokuto Kaihatsu Kogyo Co's Cash-to-Debt Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kyokuto Kaihatsu Kogyo Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Kyokuto Kaihatsu Kogyo Co's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Kyokuto Kaihatsu Kogyo 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.

Kyokuto Kaihatsu Kogyo Co'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)
	=	19440	/	(1692	+	10136)
	=	1.64

Kyokuto Kaihatsu Kogyo Co'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)
	=	24174	/	(8389	+	10132)
	=	1.31

Kyokuto Kaihatsu Kogyo Co (TSE:7226) 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.

Kyokuto Kaihatsu Kogyo Co Cash-to-Debt Related Terms

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

Kyokuto Kaihatsu Kogyo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Kyokuto Kaihatsu Kogyo Co Ltd (TSE:7226) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-1-45 Koshienguchi, Nishinomiya, JPN, 663-8545

Website

http://www.kyokuto.com

Kyokuto Kaihatsu Kogyo Co Ltd Is a Japan-based company which is various lines of business including specialty truck business, environmental equipment and systems and real estate rental business. It operates is business in three reportable segments namely Specialty truck business, Environmental equipment and systems business and Real estate rental business. Specialty truck business manufactures and distributes specialty trucks such as dump trucks, tailgate lifters, tank trucks, refuse trucks and trailers. Environmental equipment and systems business manufactures and distributes recycle facilities, including maintenance and consignment business. Real estate rental business manufactures multistory parking equipment and offers operating services and real estate rental services.

Kyokuto Kaihatsu Kogyo Co Headlines

No Headlines