Dentsu Soken (FRA:ISW) Cash-to-Debt : 2.68 (As of Dec. 2023)

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

What is Dentsu Soken 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. Dentsu Soken's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.68.

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, Dentsu Soken 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 Dentsu Soken's Cash-to-Debt or its related term are showing as below:

FRA:ISW' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.23 Med: 1.94 Max: 2.74
Current: 2.68

During the past 13 years, Dentsu Soken's highest Cash to Debt Ratio was 2.74. The lowest was 1.23. And the median was 1.94.

FRA:ISW's Cash-to-Debt is ranked better than
51.42% of 2787 companies
in the Software industry
Industry Median: 2.45 vs FRA:ISW: 2.68

Dentsu Soken Cash-to-Debt Historical Data

The historical data trend for Dentsu Soken'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.

Dentsu Soken Cash-to-Debt Chart

Dentsu Soken Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

1.32

1.29

2.00

2.56

2.68

Dentsu Soken 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															2.56	No Debt	No Debt	No Debt	2.68

Competitive Comparison of Dentsu Soken's Cash-to-Debt

For the Information Technology Services subindustry, Dentsu Soken'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.

Dentsu Soken's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Dentsu Soken's Cash-to-Debt distribution charts can be found below:

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

Dentsu Soken 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.

Dentsu Soken's Cash to Debt Ratio for the fiscal year 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)
	=	35.831	/	(4.719	+	8.674)
	=	2.68

Dentsu Soken'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)
	=	35.831	/	(4.719	+	8.674)
	=	2.68

Dentsu Soken (FRA:ISW) 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.

Dentsu Soken Cash-to-Debt Related Terms

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

Dentsu Soken (FRA:ISW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dentsu Soken Inc (FRA:ISW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

4812:Japan

Address

2-17-1, Konan, Minato-ku, Tokyo, JPN, 108-0075

Website

https://www.dentsusoken.com

Dentsu Soken Inc provides a range of information technology, or IT, and consulting services. The company organizes itself into four segments based on service type. The financial solutions segment, which generates more revenue than any other segment, builds algorithmic trading systems and provides cash management, banking, and corporate finance services. The manufacturing solutions segment provides IT solutions for the entire product lifecycle, from product development and production, to sales and maintenance in the manufacturing industry. The communication IT solutions segment provides e-commerce and customer relationship management services. The business solutions segment provides consulting and IT services.

Dentsu Soken (FRA:ISW) Headlines

No Headlines