Tomen Electronics (TSE:7558) Cash-to-Debt : 0.13 (As of Sep. 2014)

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What is Tomen Electronics 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. Tomen Electronics's cash to debt ratio for the quarter that ended in Sep. 2014 was 0.13.

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, Tomen Electronics couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2014.

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

TSE:7558' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.19 Max: No Debt
Current: 0.13

During the past 7 years, Tomen Electronics's highest Cash to Debt Ratio was No Debt. The lowest was 0.09. And the median was 0.19.

TSE:7558's Cash-to-Debt is not ranked
in the Hardware industry.
Industry Median: 1.34 vs TSE:7558: 0.13

Tomen Electronics Cash-to-Debt Historical Data

The historical data trend for Tomen Electronics'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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Tomen Electronics Cash-to-Debt Chart

Tomen Electronics Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Cash-to-Debt

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0.18

0.24

0.16

0.13

0.22

Tomen Electronics Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Cash-to-Debt	Get a 7-Day Free Trial															0.33	0.14	0.22	0.18	0.13

Competitive Comparison of Tomen Electronics's Cash-to-Debt

For the Electronics & Computer Distribution subindustry, Tomen Electronics'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.

Tomen Electronics's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tomen Electronics's Cash-to-Debt distribution charts can be found below:

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

Tomen Electronics 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.

Tomen Electronics's Cash to Debt Ratio for the fiscal year that ended in Mar. 2014 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)
	=	3203	/	(13224	+	1500)
	=	0.22

Tomen Electronics's Cash to Debt Ratio for the quarter that ended in Sep. 2014 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)
	=	2233	/	(14119	+	3000)
	=	0.13

Tomen Electronics (TSE:7558) 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.

Tomen Electronics Cash-to-Debt Related Terms

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Tomen Electronics (TSE:7558) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tomen Electronics Corporation (TSE:7558) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.tomen-ele.co.jp

Tomen Electronics Corporation is an importer, exporter, and distributor of electronic devices which includes semiconductor, storage and communication unit components, software and others. The company is segmented into Automotive; Consumer; Imaging; Information and communications; Industrial Equipment; Power Electronics and Amusement.

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