Nozaki Insatsu Shigyo Co (TSE:7919) Cash-to-Debt : 0.59 (As of Sep. 2024)

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What is Nozaki Insatsu Shigyo 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. Nozaki Insatsu Shigyo Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.59.

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, Nozaki Insatsu Shigyo Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Nozaki Insatsu Shigyo Co's Cash-to-Debt or its related term are showing as below:

TSE:7919' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 0.42 Max: 0.81
Current: 0.59

During the past 13 years, Nozaki Insatsu Shigyo Co's highest Cash to Debt Ratio was 0.81. The lowest was 0.27. And the median was 0.42.

TSE:7919's Cash-to-Debt is ranked worse than
59.6% of 1052 companies
in the Business Services industry
Industry Median: 1.06 vs TSE:7919: 0.59

Nozaki Insatsu Shigyo Co Cash-to-Debt Historical Data

The historical data trend for Nozaki Insatsu Shigyo 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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Nozaki Insatsu Shigyo Co Cash-to-Debt Chart

Nozaki Insatsu Shigyo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.36

0.38

0.50

0.64

0.81

Nozaki Insatsu Shigyo Co 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															0.52	0.48	0.62	0.81	0.59

Competitive Comparison of Nozaki Insatsu Shigyo Co's Cash-to-Debt

For the Specialty Business Services subindustry, Nozaki Insatsu Shigyo 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.

Nozaki Insatsu Shigyo Co's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Nozaki Insatsu Shigyo Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Nozaki Insatsu Shigyo Co's Cash-to-Debt falls into.

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Nozaki Insatsu Shigyo 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.

Nozaki Insatsu Shigyo 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)
	=	1634.641	/	(997.666	+	1017.957)
	=	0.81

Nozaki Insatsu Shigyo 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)
	=	1565.019	/	(1195	+	1446)
	=	0.59

Nozaki Insatsu Shigyo Co (TSE:7919) 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.

Nozaki Insatsu Shigyo Co Cash-to-Debt Related Terms

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Nozaki Insatsu Shigyo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nozaki Insatsu Shigyo Co Ltd (TSE:7919) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

54-5 Shimofusacho, Kyoto, JPN

Website

http://www.nozakiinsatu.co.jp

Nozaki Insatsu Shigyo Co Ltd is a comprehensive printing company. The company operates through its four business divisions. The Commercial Printing division is involved in the manufacture and sale of calendars, catalogues, pamphlets, direct mail, posters and fine art print. The Packaging Materials and Paper Products division is engaged in the manufacture and sale of packaging paper, paper containers, paper bags and business forms. The Information Equipment and Supplies division is engaged in the manufacture of barcode printers, full-colour card printers, tags, labels and seals. The Others division is engaged in the manufacture and sale of plastic bags and carry bags, among others.

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