Ministop Co (TSE:9946) Cash-to-Debt : 794.48 (As of Aug. 2024)

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What is Ministop 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. Ministop Co's cash to debt ratio for the quarter that ended in Aug. 2024 was 794.48.

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

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

TSE:9946' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.59 Med: 4.82 Max: 794.48
Current: 794.48

During the past 13 years, Ministop Co's highest Cash to Debt Ratio was 794.48. The lowest was 0.59. And the median was 4.82.

TSE:9946's Cash-to-Debt is ranked better than
95.19% of 312 companies
in the Retail - Defensive industry
Industry Median: 0.465 vs TSE:9946: 794.48

Ministop Co Cash-to-Debt Historical Data

The historical data trend for Ministop 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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Ministop Co Cash-to-Debt Chart

Ministop Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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0.81

1.14

0.59

4.41

64.04

Ministop Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Cash-to-Debt	Get a 7-Day Free Trial															18.17	268.93	64.04	339.69	794.48

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

For the Grocery Stores subindustry, Ministop 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.

Ministop Co's Cash-to-Debt Distribution in the Retail - Defensive Industry

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

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

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Ministop 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.

Ministop Co's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	11783	/	(151	+	33)
	=	64.04

Ministop Co's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	18273	/	(0	+	23)
	=	794.48

Ministop Co (TSE:9946) 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.

Ministop Co Cash-to-Debt Related Terms

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Ministop Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ministop Co Ltd (TSE:9946) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

AEON Tower, 1-5-1 Nakase, Mihama-ku, Chiba-shi, Chiba, JPN, 261-8515

Website

http://www.ministop.co.jp

Ministop Co Ltd is a Japan-based company that is principally engaged in operating a convenience store chain. The company offers fresh products, like rice balls, lunch boxes, hot snacks, sandwiches, soft-serve ice cream, as well as beverages, sweets, miscellaneous products, and other items. The company provides seating areas for customers to eat foods and have a rest. Consumers can use Wi-Fi in the stores of the company, and can make tax-free purchases in some stores. The company also provides additional services, like bill payment, photocopying, ATM access, and other services.

Ministop Co Headlines

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