Alps Alpine Co (Alps Alpine Co) Cash-to-Debt : 0.81 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Alps Alpine 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. Alps Alpine Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.81.

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, Alps Alpine Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

APELY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.69 Med: 1.2 Max: 2.16
Current: 0.81

During the past 13 years, Alps Alpine Co's highest Cash to Debt Ratio was 2.16. The lowest was 0.69. And the median was 1.20.

APELY's Cash-to-Debt is ranked worse than
62.33% of 2469 companies
in the Hardware industry
Industry Median: 1.38 vs APELY: 0.81

Alps Alpine Co Cash-to-Debt Historical Data

The historical data trend for Alps Alpine 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.

Alps Alpine Co Cash-to-Debt Chart

Alps Alpine Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

1.12

1.30

1.23

0.69

Alps Alpine Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.75	0.69	0.79	0.72	0.81

Competitive Comparison of Alps Alpine Co's Cash-to-Debt

For the Electronic Components subindustry, Alps Alpine 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.

Alps Alpine Co's Cash-to-Debt Distribution in the Hardware Industry

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

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

Alps Alpine 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.

Alps Alpine Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	629.734	/	(577.634	+	334.629)
	=	0.69

Alps Alpine Co'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)
	=	668.711	/	(509.663	+	316.186)
	=	0.81

Alps Alpine Co (OTCPK:APELY) 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.

Alps Alpine Co Cash-to-Debt Related Terms

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

Alps Alpine Co (Alps Alpine Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alps Alpine Co Ltd (OTCPK:APELY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

APELF:USA 6770:Japan ALE:Germany

Address

1-7, Yukigaya-otsukamachi, Ota-ku, Tokyo, JPN, 145-8501

Website

https://www.alpsalpine.com

Alps Alpine Co Ltd operates in two major business segments: electronic components, automotive infotainment, lodistics and others.. The electronic components segment develops, manufactures, and sells a broad range of electronic components in both consumer and automotive markets. The automotive infotainment segment develops, produces, and markets audio, information, and communication equipment. The company generates the majority of revenue from the electronic components segment and the automotive infotainment segment. It has a business presence worldwide, with the United States, Japan, China, and Germany its four largest markets.

Alps Alpine Co (Alps Alpine Co) Headlines

From GuruFocus

ALPS ALPINE CO., LTD. to Terminate Reporting Obligations with the U.S. Securities and Exchange Commission

By PRNewswire PRNewswire • 12-06-2019