Yellow Hat (TSE:9882) Cash-to-Debt : 1.21 (As of Dec. 2023)

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What is Yellow Hat 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. Yellow Hat's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.21.

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, Yellow Hat could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSE:9882' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.74 Med: 28.28 Max: 67.2
Current: 54.53

During the past 13 years, Yellow Hat's highest Cash to Debt Ratio was 67.20. The lowest was 1.74. And the median was 28.28.

TSE:9882's Cash-to-Debt is ranked better than
92.38% of 1299 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs TSE:9882: 54.53

Yellow Hat Cash-to-Debt Historical Data

The historical data trend for Yellow Hat'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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Yellow Hat Cash-to-Debt Chart

Yellow Hat Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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24.92

61.64

64.98

67.20

54.53

Yellow Hat Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															67.20	59.38	0.98	1.21	54.53

Competitive Comparison of Yellow Hat's Cash-to-Debt

For the Auto & Truck Dealerships subindustry, Yellow Hat'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.

Yellow Hat's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yellow Hat's Cash-to-Debt distribution charts can be found below:

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

Yellow Hat 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.

Yellow Hat'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)
	=	4853	/	(20	+	69)
	=	54.53

Yellow Hat's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	2513	/	(2000	+	76)
	=	1.21

Yellow Hat (TSE:9882) 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.

Yellow Hat Cash-to-Debt Related Terms

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Yellow Hat (TSE:9882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Yellow Hat Ltd (TSE:9882) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-4 Iwamotocho, Chiyoda-ku, Yellow Hat Head Office Building, Tokyo, JPN, 101-0032

Website

http://www.yellowhat.jp

Yellow Hat Ltd is a Japanese company involved in selling auto accessories and providing auto service. The products offered by the company include audio and info-entertainment systems, oils and lubricants, safety and maintenance tools, OFF road, racing and karting, chemicals and cleaning, lights and bulbs, bikes, and tires. It offers services including tires services, oil change, foiling, detailing, tinting, audio and video, car wash, AC repair, and maintenance.

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