Right On Co (FRA:RGH) Cash-to-Debt

: 0.97 (As of Feb. 2024)

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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. Right On Co's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.97.

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, Right On Co couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

FRA:RGH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.51 Med: 1.3 Max: 2.86
Current: 0.97

During the past 13 years, Right On Co's highest Cash to Debt Ratio was 2.86. The lowest was 0.51. And the median was 1.30.

FRA:RGH's Cash-to-Debt is ranked better than
64.79% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs FRA:RGH: 0.97

Right On Co Cash-to-Debt Historical Data

The historical data trend for Right On 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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Right On Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

1.57

0.99

0.84

1.07

0.68

Right On Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt																1.12	0.83	0.68	0.51	0.97

Competitive Comparison

For the Apparel Retail subindustry, Right On 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.

Right On Co Cash-to-Debt Distribution

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

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

Right On 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.

Right On Co's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	22.054	/	(24.094	+	8.506)
	=	0.68

Right On Co's Cash to Debt Ratio for the quarter 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)
	=	22.683	/	(20.713	+	2.77)
	=	0.97

Right On Co (FRA:RGH) 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.

Right On Co Cash-to-Debt Related Terms

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Right On Co (FRA:RGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Right On Co Ltd (FRA:RGH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

7445:Japan

Address

1-11-1 Azuma, Ibaraki, Tsukuba-shi, JPN, 305-8503

Website

http://www.right-on.co.jp

Right On Co Ltd is a Japanese company engaged in selling casual wear through its stores. It offers jeans to various customers of all ages and genders. Its products include wash denim, water-repellent denim, and all-around stretch pants. It sells its products through online and nationwide chain store located in shopping centers, power centers, and station buildings, urban street stores, and suburban roadside stores.

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