Microwave Chemical Co (TSE:9227) Cash-to-Debt : 0.00 (As of Sep. 2024)

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What is Microwave Chemical 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. Microwave Chemical Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.00.

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

During the past 5 years, Microwave Chemical Co's highest Cash to Debt Ratio was 1.92. The lowest was 0.00. And the median was 1.47.

TSE:9227's Cash-to-Debt is not ranked ^*
in the Chemicals industry.
Industry Median: 0.69
* Ranked among companies with meaningful Cash-to-Debt only.

Microwave Chemical Co Cash-to-Debt Historical Data

The historical data trend for Microwave Chemical 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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Microwave Chemical Co Cash-to-Debt Chart

Microwave Chemical Co Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

1.17

0.61

0.27

1.67

1.01

Microwave Chemical Co Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial								1.71	1.62	1.45	1.01	-

Competitive Comparison of Microwave Chemical Co's Cash-to-Debt

For the Chemicals subindustry, Microwave Chemical 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.

Microwave Chemical Co's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Microwave Chemical Co's Cash-to-Debt distribution charts can be found below:

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

Microwave Chemical 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.

Microwave Chemical 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)
	=	529.404	/	(27.79	+	497.582)
	=	1.01

Microwave Chemical 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)
	=	0	/	(0	+	483.33)
	=	0.00

Microwave Chemical Co (TSE:9227) 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.

Microwave Chemical Co Cash-to-Debt Related Terms

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Microwave Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Microwave Chemical Co Ltd (TSE:9227) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-1 Yamadaoka, Photonics Center 5th Floor, Suita-shi, Osaka, JPN, 565?0871

Website

https://www.mwcc.jp

Microwave Chemical Co Ltd is engaged in the research and development, engineering and licensing of microwave processes. It .provides total solutions related to microwave technology.

Microwave Chemical Co Headlines

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