Welcia Holdings Co (TSE:3141) Cash-to-Debt : 0.35 (As of Nov. 2023)

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Welcia Holdings Co Cash-to-Debt Definition

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. Welcia Holdings Co's cash to debt ratio for the quarter that ended in Nov. 2023 was 0.35.

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, Welcia Holdings Co couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

TSE:3141' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37 Med: 0.49 Max: 1.25
Current: 0.37

During the past 13 years, Welcia Holdings Co's highest Cash to Debt Ratio was 1.25. The lowest was 0.37. And the median was 0.49.

TSE:3141's Cash-to-Debt is ranked worse than
61.37% of 655 companies
in the Healthcare Providers & Services industry
Industry Median: 0.74 vs TSE:3141: 0.37

Welcia Holdings Co Cash-to-Debt Historical Data

The historical data trend for Welcia Holdings 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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Welcia Holdings Co Cash-to-Debt Chart

Welcia Holdings Co Annual Data

Trend

Aug14

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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0.99

1.09

0.37

0.38

0.37

Welcia Holdings 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	Get a 7-Day Free Trial															0.38	0.40	0.41	0.35	0.37

Competitive Comparison of Welcia Holdings Co's Cash-to-Debt

For the Pharmaceutical Retailers subindustry, Welcia Holdings 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.

Welcia Holdings Co's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Welcia Holdings Co's Cash-to-Debt distribution charts can be found below:

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

Welcia Holdings 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.

Welcia Holdings 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)
	=	30533	/	(23215	+	59484)
	=	0.37

Welcia Holdings Co's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	29826	/	(23389	+	62578)
	=	0.35

Welcia Holdings Co (TSE:3141) 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.

Welcia Holdings Co Cash-to-Debt Related Terms

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Welcia Holdings Co (TSE:3141) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Welcia Holdings Co Ltd (TSE:3141) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

WLCGF:USA

Address

2-2-15 Outside Kanda, Chiyoda-ku, Tokyo, JPN, 101-0021

Website

http://www.welcia.co.jp

Welcia Holdings Co Ltd operates drug retail stores that sell pharmaceuticals, health and beauty products, baby supplies, health supplements, sanitation items, groceries, and personal-care products. The company generates the bulk of its revenue through sales of over-the-counter drugs and food products. Welcia is involved in pharmaceutical dispensing, blood testing, and earthquake reconstruction assistance. The highest concentration of sales remains in the Kanto region of Japan. Welcia also provides nursing services through its long-term care enterprise.

Welcia Holdings Co (TSE:3141) Headlines

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