Watt Mann Co (TSE:9927) Cash-to-Debt : 3.74 (As of Sep. 2024)

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What is Watt Mann 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. Watt Mann Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 3.74.

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, Watt Mann Co could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

TSE:9927' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.31 Med: 2.48 Max: 4.62
Current: 3.74

During the past 13 years, Watt Mann Co's highest Cash to Debt Ratio was 4.62. The lowest was 1.31. And the median was 2.48.

TSE:9927's Cash-to-Debt is ranked better than
82.91% of 1112 companies
in the Retail - Cyclical industry
Industry Median: 0.445 vs TSE:9927: 3.74

Watt Mann Co Cash-to-Debt Historical Data

The historical data trend for Watt Mann 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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Watt Mann Co Cash-to-Debt Chart

Watt Mann Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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3.83

3.38

1.96

2.88

3.65

Watt Mann Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															2.39	2.78	2.84	3.65	3.74

Competitive Comparison of Watt Mann Co's Cash-to-Debt

For the Specialty Retail subindustry, Watt Mann 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.

Watt Mann Co's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Watt Mann Co's Cash-to-Debt distribution charts can be found below:

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

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Watt Mann 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.

Watt Mann 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)
	=	1876.361	/	(188.42	+	326.126)
	=	3.65

Watt Mann 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)
	=	1732.198	/	(193.02	+	270.002)
	=	3.74

Watt Mann Co (TSE:9927) 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.

Watt Mann Co Cash-to-Debt Related Terms

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Watt Mann Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Watt Mann Co Ltd (TSE:9927) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-27-13, Honcho Tsurugamine, Asahi ku, Kanagawa Prefecture, Yokohama, JPN, 241 0021

Website

http://www.wattmann.co.jp

Watt Mann Co Ltd is a Japanese company engaged in operating a chain of retail stores offering second-hand products. It is engaged in the sale and purchase of brand products and accessories, furniture, interior products, clothing, sports products CDs, DVDs, videos and game software, among others. The company deals in three product categories, including clothing, consumer electronics and books.

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