Takachiho Co (TSE:8225) Cash-to-Debt : 0.68 (As of Sep. 2024)

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What is Takachiho 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. Takachiho Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.68.

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

TSE:8225' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.37 Max: 0.68
Current: 0.68

During the past 13 years, Takachiho Co's highest Cash to Debt Ratio was 0.68. The lowest was 0.14. And the median was 0.37.

TSE:8225's Cash-to-Debt is ranked better than
57.94% of 1115 companies
in the Retail - Cyclical industry
Industry Median: 0.43 vs TSE:8225: 0.68

Takachiho Co Cash-to-Debt Historical Data

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

Takachiho Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.39

0.38

0.40

0.55

0.64

Takachiho 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															0.53	0.55	0.54	0.64	0.68

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

For the Specialty Retail subindustry, Takachiho 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.

Takachiho Co's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Takachiho Co's Cash-to-Debt distribution charts can be found below:

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

Takachiho 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.

Takachiho 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)
	=	834.674	/	(327.116	+	976.912)
	=	0.64

Takachiho 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)
	=	1119.813	/	(792.1	+	845.547)
	=	0.68

Takachiho Co (TSE:8225) 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.

Takachiho Co Cash-to-Debt Related Terms

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Takachiho Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Takachiho Co Ltd (TSE:8225) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Soyojima 5888, Nagano Prefecture, Nagano, JPN

Website

http://www.kk-takachiho.jp

Takachiho Co Ltd is a Japan-based company primarily engaged in the wholesaling and retailing business of sightseeing souvenirs products. It is also involved in the Confectionery manufacturing business by producing cookies; Hot bath business which involves provision of facilities for hot bath; Seasonal business includes providing food items such as soba pasta, soba miso, sweets and other products; Outdoor business involving provision of outdoor items such as fishing supplies shop; and Other business.

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