Takara (TSE:7921) Cash-to-Debt : 136.74 (As of May. 2024)

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What is Takara 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. Takara's cash to debt ratio for the quarter that ended in May. 2024 was 136.74.

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, Takara could pay off its debt using the cash in hand for the quarter that ended in May. 2024.

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

TSE:7921' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.62 Med: 55.62 Max: 505.71
Current: 136.74

During the past 13 years, Takara's highest Cash to Debt Ratio was 505.71. The lowest was 2.62. And the median was 55.62.

TSE:7921's Cash-to-Debt is ranked better than
89.76% of 1055 companies
in the Business Services industry
Industry Median: 1.02 vs TSE:7921: 136.74

Takara Cash-to-Debt Historical Data

The historical data trend for Takara'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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Takara Cash-to-Debt Chart

Takara Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Cash-to-Debt

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2.62

13.88

23.37

45.01

136.74

Takara Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Cash-to-Debt	Get a 7-Day Free Trial															56.34	83.22	100.91	136.74	N/A

Competitive Comparison of Takara's Cash-to-Debt

For the Specialty Business Services subindustry, Takara'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.

Takara's Cash-to-Debt Distribution in the Business Services Industry

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

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

Takara 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.

Takara's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	14640.894	/	(78.884	+	28.188)
	=	136.74

Takara's Cash to Debt Ratio for the quarter that ended in May. 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)
	=	14640.894	/	(78.884	+	28.188)
	=	136.74

Takara (TSE:7921) 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.

Takara Cash-to-Debt Related Terms

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Takara Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Takara & Co Ltd (TSE:7921) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

28-8, Takada 3-chome, Toshima-ku, Tokyo, JPN, 171-0033

Website

https://www.takara-company.co.jp

Takara & Co Ltd engages in the production and sale of printed material related to the financial instruments & exchange act, the company law, and investor relations related information. It also operates in the production and handling of legal and IR-related advertisements. It offers printed matter concerning securities reports, quarterly securities reports, semiannual securities reports, Takara Kessan Xpress, IFRS consulting, prospectuses, reports, listing application document-related, and X-smart basic that are related to financial instruments and exchange act.

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