Japan Infrastructure Fund Investment (TSE:9287) Cash-to-Debt : 0.14 (As of May. 2023)

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What is Japan Infrastructure Fund Investment 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. Japan Infrastructure Fund Investment's cash to debt ratio for the quarter that ended in May. 2023 was 0.14.

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, Japan Infrastructure Fund Investment couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2023.

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

TSE:9287' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.15 Max: 0.18
Current: 0.14

During the past 1 years, Japan Infrastructure Fund Investment's highest Cash to Debt Ratio was 0.18. The lowest was 0.14. And the median was 0.15.

TSE:9287's Cash-to-Debt is ranked worse than
61.31% of 429 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.24 vs TSE:9287: 0.14

Japan Infrastructure Fund Investment Cash-to-Debt Historical Data

The historical data trend for Japan Infrastructure Fund Investment'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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Japan Infrastructure Fund Investment Cash-to-Debt Chart

Japan Infrastructure Fund Investment Annual Data

Trend

Nov21

Cash-to-Debt

0.18

Japan Infrastructure Fund Investment Semi-Annual Data
	Nov20	May21	Nov21	May22	Nov22	May23
Cash-to-Debt	Get a 7-Day Free Trial			0.15	0.18	0.14	0.15	0.14

Competitive Comparison of Japan Infrastructure Fund Investment's Cash-to-Debt

For the Utilities - Renewable subindustry, Japan Infrastructure Fund Investment'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.

Japan Infrastructure Fund Investment's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Japan Infrastructure Fund Investment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Japan Infrastructure Fund Investment's Cash-to-Debt falls into.

Japan Infrastructure Fund Investment 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.

Japan Infrastructure Fund Investment's Cash to Debt Ratio for the fiscal year that ended in Nov. 2021 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)
	=	1744.381	/	(650.335	+	8998.456)
	=	0.18

Japan Infrastructure Fund Investment's Cash to Debt Ratio for the quarter 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)
	=	4320.005	/	(3693.549	+	27367.561)
	=	0.14

Japan Infrastructure Fund Investment (TSE:9287) 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.

Japan Infrastructure Fund Investment Cash-to-Debt Related Terms

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Japan Infrastructure Fund Investment (TSE:9287) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Japan Infrastructure Fund Investment Corp (TSE:9287) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-10-5 Nihonbashi Kayabacho, Chuo-ku, Tokyo Sumitomo Life Kayabacho Building, Tokyo, JPN

Website

https://ji-fund.com

Japan Infrastructure Fund Investment Corp engages in the provision of investment management services. It focuses its investments on solar power generation facilities.

Japan Infrastructure Fund Investment (TSE:9287) Headlines

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