Futonmaki Jiro (TSE:9167) Cash-to-Debt : 0.34 (As of Dec. 2022)

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What is Futonmaki Jiro 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. Futonmaki Jiro's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.34.

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, Futonmaki Jiro couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

TSE:9167' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.34 Med: 0.41 Max: 0.48
Current: 0.34

During the past 2 years, Futonmaki Jiro's highest Cash to Debt Ratio was 0.48. The lowest was 0.34. And the median was 0.41.

TSE:9167's Cash-to-Debt is not ranked
in the Personal Services industry.
Industry Median: 0.62 vs TSE:9167: 0.34

Futonmaki Jiro Cash-to-Debt Historical Data

The historical data trend for Futonmaki Jiro'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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Futonmaki Jiro Cash-to-Debt Chart

Futonmaki Jiro Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

0.48

0.34

Futonmaki Jiro Semi-Annual Data
	Dec21	Dec22
Cash-to-Debt	0.48	0.34

Competitive Comparison of Futonmaki Jiro's Cash-to-Debt

For the Personal Services subindustry, Futonmaki Jiro'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.

Futonmaki Jiro's Cash-to-Debt Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Futonmaki Jiro's Cash-to-Debt distribution charts can be found below:

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

Futonmaki Jiro 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.

Futonmaki Jiro's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	254.552	/	(98.93	+	647.772)
	=	0.34

Futonmaki Jiro's Cash to Debt Ratio for the quarter that ended in Dec. 2022 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)
	=	254.552	/	(98.93	+	647.772)
	=	0.34

Futonmaki Jiro (TSE:9167) 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.

Futonmaki Jiro Cash-to-Debt Related Terms

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Futonmaki Jiro (TSE:9167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Futonmaki Jiro Inc (TSE:9167) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3014-3 Uetomatsuricho, Uetomatsuri Building A 2nd floor, Tochigi, Utsunomiya, JPN, 320-0051

Website

https://futonmaki.jp

Futonmaki Jiro Inc is engaged in providing laundry services for household futon mattresses, Blankets, Sheet covers, Pillow, etc. It operates in Laundromat stores under the Futonmaki-no-Jiro brand.

Futonmaki Jiro (TSE:9167) Headlines

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