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Toyo Wharf & Warehouse Co (TSE:9351) Cash-to-Debt : 0.16 (As of Dec. 2023)


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What is Toyo Wharf & Warehouse 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. Toyo Wharf & Warehouse Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.16.

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, Toyo Wharf & Warehouse Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Toyo Wharf & Warehouse Co's Cash-to-Debt or its related term are showing as below:

TSE:9351' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11   Med: 0.16   Max: 0.27
Current: 0.16

During the past 13 years, Toyo Wharf & Warehouse Co's highest Cash to Debt Ratio was 0.27. The lowest was 0.11. And the median was 0.16.

TSE:9351's Cash-to-Debt is ranked worse than
75.52% of 964 companies
in the Transportation industry
Industry Median: 0.49 vs TSE:9351: 0.16

Toyo Wharf & Warehouse Co Cash-to-Debt Historical Data

The historical data trend for Toyo Wharf & Warehouse 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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Toyo Wharf & Warehouse Co Cash-to-Debt Chart

Toyo Wharf & Warehouse Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.21 0.27 0.23 0.20

Toyo Wharf & Warehouse Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.20 0.20 0.16 0.16

Competitive Comparison of Toyo Wharf & Warehouse Co's Cash-to-Debt

For the Integrated Freight & Logistics subindustry, Toyo Wharf & Warehouse 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.


Toyo Wharf & Warehouse Co's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Toyo Wharf & Warehouse Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Toyo Wharf & Warehouse Co's Cash-to-Debt falls into.



Toyo Wharf & Warehouse 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.

Toyo Wharf & Warehouse Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Toyo Wharf & Warehouse Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


Toyo Wharf & Warehouse Co  (TSE:9351) 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.


Toyo Wharf & Warehouse Co Cash-to-Debt Related Terms

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Toyo Wharf & Warehouse Co (TSE:9351) Business Description

Traded in Other Exchanges
N/A
Address
1-8-8 Harumi, Tokyo, JPN, 104-0053
Toyo Wharf & Warehouse Co Ltd is engaged in the domestic comprehensive logistics business, international logistics business and related business mainly for warehousing, port transportation, and car transportation.

Toyo Wharf & Warehouse Co (TSE:9351) Headlines

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