Relo Group (TSE:8876) Cash-to-Debt : 0.76 (As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Relo Group 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. Relo Group's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.76.

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

TSE:8876' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.26 Med: 0.54 Max: 1.18
Current: 0.76

During the past 13 years, Relo Group's highest Cash to Debt Ratio was 1.18. The lowest was 0.26. And the median was 0.54.

TSE:8876's Cash-to-Debt is ranked worse than
55.36% of 1055 companies
in the Business Services industry
Industry Median: 1.02 vs TSE:8876: 0.76

Relo Group Cash-to-Debt Historical Data

The historical data trend for Relo Group'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.

* Premium members only.

Relo Group Cash-to-Debt Chart

Relo Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.32

0.35

0.34

0.47

Relo Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.31	0.33	0.47	N/A	0.76

Competitive Comparison of Relo Group's Cash-to-Debt

For the Specialty Business Services subindustry, Relo Group'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.

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

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

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

Relo Group 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.

Relo Group'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)
	=	52226	/	(47064	+	63566)
	=	0.47

Relo Group'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)
	=	62246	/	(21811	+	60390)
	=	0.76

Relo Group (TSE:8876) 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.

Relo Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Relo Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Relo Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Relo Group Inc (TSE:8876) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RELOF:USA 665:Germany

Address

4-3-23, Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022

Website

http://www.relo.jp

Relo Group Inc is a Japan-based company engaged in providing corporate fringe benefit management outsourcing service. It provides comprehensive support for fringe benefit programs, ranging from housing to leisure and lifestyle improvement. The company manages over 100,000 housing unit's companies rent and provides to their employees, and offers 200,000 kinds of benefits to help employees have fun and improve their well-being. It also operates a rental real estate management business all across Japan. The company operates as an agent that helps to run hotels and attract guests. In addition to hotels, it also provides an insurance consulting business.

Relo Group Headlines

No Headlines