Starzen Co (TSE:8043) Cash-to-Debt : 0.32 (As of Sep. 2024)

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What is Starzen 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. Starzen Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.32.

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

TSE:8043' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.28 Max: 0.53
Current: 0.32

During the past 13 years, Starzen Co's highest Cash to Debt Ratio was 0.53. The lowest was 0.16. And the median was 0.28.

TSE:8043's Cash-to-Debt is ranked worse than
60.54% of 1865 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs TSE:8043: 0.32

Starzen Co Cash-to-Debt Historical Data

The historical data trend for Starzen 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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Starzen Co Cash-to-Debt Chart

Starzen Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.22

0.35

0.27

0.28

0.43

Starzen 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															0.33	0.33	0.34	0.43	0.32

Competitive Comparison of Starzen Co's Cash-to-Debt

For the Packaged Foods subindustry, Starzen 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.

Starzen Co's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Starzen Co's Cash-to-Debt distribution charts can be found below:

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

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Starzen 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.

Starzen 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)
	=	17023	/	(16033	+	23958)
	=	0.43

Starzen 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)
	=	15840	/	(23405	+	26099)
	=	0.32

Starzen Co (TSE:8043) 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.

Starzen Co Cash-to-Debt Related Terms

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Starzen Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Starzen Co Ltd (TSE:8043) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-6-41 Konan, Minato-ku, Tokyo, JPN, 108-0075

Website

http://www.starzen.co.jp

Starzen Co Ltd is a food processing company based in Japan that offers meat and meat products. It is also involved in pig and cattle farming and fattening. The company offers ham bacon, sausages, and processed meat which are sold to supermarkets, meat specialty stores, department stores, family restaurants, fast food chains, convenience stores, co-ops, food processing companies, meat wholesale traders, and others.

Starzen Co Headlines

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