Shirohato Co (TSE:3192) Cash-to-Debt : 0.09 (As of Nov. 2023)

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What is Shirohato 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. Shirohato Co's cash to debt ratio for the quarter that ended in Nov. 2023 was 0.09.

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

TSE:3192' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.21 Max: 2.7
Current: 0.09

During the past 11 years, Shirohato Co's highest Cash to Debt Ratio was 2.70. The lowest was 0.04. And the median was 0.21.

TSE:3192's Cash-to-Debt is ranked worse than
84.43% of 1105 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs TSE:3192: 0.09

Shirohato Co Cash-to-Debt Historical Data

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

Shirohato Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

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1.58

0.14

0.15

0.21

Shirohato Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															0.19	0.21	0.08	0.09	0.09

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

For the Internet Retail subindustry, Shirohato 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.

Shirohato Co's Cash-to-Debt Distribution in the Retail - Cyclical Industry

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

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

Shirohato 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.

Shirohato Co's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	692.314	/	(3312.5	+	0)
	=	0.21

Shirohato 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)
	=	266.782	/	(1128.03	+	1920.454)
	=	0.09

Shirohato Co (TSE:3192) 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.

Shirohato Co Cash-to-Debt Related Terms

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Shirohato Co (TSE:3192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shirohato Co Ltd (TSE:3192) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Taketa Tomoda-cho, Fushimi-ku, Kyoto, JPN, 612-8418

Website

http://www.shirohato.co.jp

Shirohato Co Ltd operates as an online shopping website company. It offers innerwear for men and women. The business activity of the group include purchasing of inner wear from inner manufacturers and sell to individual customers through various channels on the Internet.

Shirohato Co (TSE:3192) Headlines

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