Kyoritsu Maintenance Co (TSE:9616) Cash-to-Debt : 0.15 (As of Sep. 2024)

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What is Kyoritsu Maintenance 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. Kyoritsu Maintenance Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.15.

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

TSE:9616' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.21 Max: 0.39
Current: 0.15

During the past 13 years, Kyoritsu Maintenance Co's highest Cash to Debt Ratio was 0.39. The lowest was 0.10. And the median was 0.21.

TSE:9616's Cash-to-Debt is ranked worse than
71.71% of 820 companies
in the Travel & Leisure industry
Industry Median: 0.545 vs TSE:9616: 0.15

Kyoritsu Maintenance Co Cash-to-Debt Historical Data

The historical data trend for Kyoritsu Maintenance 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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Kyoritsu Maintenance Co Cash-to-Debt Chart

Kyoritsu Maintenance Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.20

0.19

0.28

0.37

0.23

Kyoritsu Maintenance Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.27	0.28	0.23	N/A	0.15

Competitive Comparison of Kyoritsu Maintenance Co's Cash-to-Debt

For the Lodging subindustry, Kyoritsu Maintenance 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.

Kyoritsu Maintenance Co's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kyoritsu Maintenance Co's Cash-to-Debt distribution charts can be found below:

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

Kyoritsu Maintenance 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.

Kyoritsu Maintenance 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)
	=	31807	/	(31740	+	106205)
	=	0.23

Kyoritsu Maintenance 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)
	=	21654	/	(31941	+	114148)
	=	0.15

Kyoritsu Maintenance Co (TSE:9616) 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.

Kyoritsu Maintenance Co Cash-to-Debt Related Terms

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Kyoritsu Maintenance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kyoritsu Maintenance Co Ltd (TSE:9616) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

648:Germany

Address

2-18-8 Soto-Kanda, Chiyoda-ku, Tokyo, JPN, 101-8621

Website

http://www.kyoritsugroup.co.jp

Kyoritsu Maintenance Co Ltd operates six business segments: dormitory business, hotel business, Contracted Services Business, Food Services Business, Construction Business, and Other Business in Japan. The Dormitory business offers student dormitories, corporate dormitories, Domeal, and consigned dormitories. The hotel business includes a Resort Hotel named Dormy Inn. Contracted Services Business offers services including building management and building construction work. Other business segment includes the senior life business which manages houses for the elderly and the Public Kyoritsu Partnership business (PKP) which includes consigned services businesses provided to regional government bodies. The Company generates maximum revenue from the dormitory business.

Kyoritsu Maintenance Co Headlines

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