Japan Publications Trading Co (TSE:8072) Cash-to-Debt : 1.14 (As of Dec. 2023)

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What is Japan Publications Trading 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. Japan Publications Trading Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.14.

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, Japan Publications Trading Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSE:8072' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 0.64 Max: 1.23
Current: 1.14

During the past 13 years, Japan Publications Trading Co's highest Cash to Debt Ratio was 1.23. The lowest was 0.26. And the median was 0.64.

TSE:8072's Cash-to-Debt is ranked worse than
51.84% of 1032 companies
in the Media - Diversified industry
Industry Median: 1.25 vs TSE:8072: 1.14

Japan Publications Trading Co Cash-to-Debt Historical Data

The historical data trend for Japan Publications Trading 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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Japan Publications Trading Co Cash-to-Debt Chart

Japan Publications Trading Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

0.60

0.71

0.63

0.87

0.70

Japan Publications Trading Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.64	0.70	0.67	1.23	1.14

Competitive Comparison of Japan Publications Trading Co's Cash-to-Debt

For the Publishing subindustry, Japan Publications Trading 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.

Japan Publications Trading Co's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Japan Publications Trading Co's Cash-to-Debt distribution charts can be found below:

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

Japan Publications Trading 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.

Japan Publications Trading Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	933.056	/	(909.923	+	420.578)
	=	0.70

Japan Publications Trading Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	1474.407	/	(855.713	+	442.762)
	=	1.14

Japan Publications Trading Co (TSE:8072) 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.

Japan Publications Trading Co Cash-to-Debt Related Terms

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Japan Publications Trading Co (TSE:8072) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Japan Publications Trading Co Ltd (TSE:8072) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-1 Sarugaku-cho, Chiyoda-ku, Tokyo, JPN, 101-0064

Website

http://www.jptco.co.jp

Japan Publications Trading Co., Ltd. is a Japan based company involved in publication business. It imports, exports and sells general and academic books and periodicals, language learning textbooks and materials, audio and visual discs, and other general merchandise. The company ships its products around the globe. In addition, the company is also involved in the manufacturing, importing, and selling of office supplies to stationery shops, bookstores and universities.

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