Japaniace Co (TSE:9558) Cash-to-Debt : No Debt ⁽¹⁾ (As of Nov. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Japaniace 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. Japaniace Co's cash to debt ratio for the quarter that ended in Nov. 2024 was No Debt ⁽¹⁾.

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, Japaniace Co could pay off its debt using the cash in hand for the quarter that ended in Nov. 2024.

(1) 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.

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

TSE:9558' s Cash-to-Debt Range Over the Past 10 Years
Min: 567.85 Med: 3922.85 Max: No Debt
Current: No Debt

During the past 5 years, Japaniace Co's highest Cash to Debt Ratio was No Debt. The lowest was 567.85. And the median was 3922.85.

TSE:9558's Cash-to-Debt is ranked better than
99.86% of 2803 companies
in the Software industry
Industry Median: 2.61 vs TSE:9558: No Debt

Japaniace Co Cash-to-Debt Historical Data

The historical data trend for Japaniace 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.

* Premium members only.

Japaniace Co Cash-to-Debt Chart

Japaniace Co Annual Data

Trend

Nov20

Nov21

Nov22

Nov23

Nov24

Cash-to-Debt

567.85

1,182.58

3,922.85

No Debt

Japaniace Co Quarterly Data
	Nov20	Nov21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Nov24
Cash-to-Debt	Get a 7-Day Free Trial							No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Japaniace Co's Cash-to-Debt

For the Software - Infrastructure subindustry, Japaniace 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.

Japaniace Co's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Japaniace Co's Cash-to-Debt distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Japaniace 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.

Japaniace Co's Cash to Debt Ratio for the fiscal year that ended in Nov. 2024 is calculated as:

Japaniace Co had no debt ⁽¹⁾.

Japaniace Co's Cash to Debt Ratio for the quarter that ended in Nov. 2024 is calculated as:

Japaniace Co had no debt ⁽¹⁾.

Japaniace Co (TSE:9558) 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.

Japaniace Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Japaniace Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Japaniace Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Japaniace Co Ltd (TSE:9558) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-1 Minatomirai, Yokohama Landmark Tower 18th FLoor, Nishi Ward, Kanagawa Prefecture, Yokohama, JPN, 220-8118

Website

https://www.jna.co.jp

Japaniace Co Ltd is engaged in the advanced engineering business centered on AI, IoT, and cloud.

Japaniace Co Headlines

No Headlines

Japaniace Co (TSE:9558) Cash-to-Debt : No Debt (1) (As of Nov. 2024)