Bewith (TSE:9216) Cash-to-Debt : 198.89 (As of Feb. 2024)

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What is Bewith 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. Bewith's cash to debt ratio for the quarter that ended in Feb. 2024 was 198.89.

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, Bewith could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSE:9216' s Cash-to-Debt Range Over the Past 10 Years
Min: 9.04 Med: 188.21 Max: No Debt
Current: 198.89

During the past 4 years, Bewith's highest Cash to Debt Ratio was No Debt. The lowest was 9.04. And the median was 188.21.

TSE:9216's Cash-to-Debt is ranked better than
90.26% of 1068 companies
in the Business Services industry
Industry Median: 0.985 vs TSE:9216: 198.89

Bewith Cash-to-Debt Historical Data

The historical data trend for Bewith'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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Bewith Cash-to-Debt Chart

Bewith Annual Data

Trend

May20

May21

May22

May23

Cash-to-Debt

9.04

No Debt

139.25

Bewith Quarterly Data
	May20	May21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial							126.87	139.25	146.14	177.53	198.89

Competitive Comparison of Bewith's Cash-to-Debt

For the Specialty Business Services subindustry, Bewith'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.

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

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

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

Bewith 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.

Bewith's Cash to Debt Ratio for the fiscal year that ended in May. 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)
	=	4913.708	/	(9.776	+	25.511)
	=	139.25

Bewith's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	5311.435	/	(4.43	+	22.275)
	=	198.89

Bewith (TSE:9216) 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.

Bewith Cash-to-Debt Related Terms

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Bewith (TSE:9216) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Bewith Inc (TSE:9216) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-7-1 Nishi-Shinjuku, Shinjuku Park Tower N Building 32th Floor, Shinjuku-ku, Tokyo, JPN, 163-1032

Website

https://www.bewith.net

Bewith Inc specializes in business process outsourcing and call center services such as business planning, analysis and design, construction, operation, and improvement.

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