Hobonichi Co (TSE:3560) Cash-to-Debt

: No Debt ⁽¹⁾ (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. Hobonichi Co's cash to debt ratio for the quarter that ended in Feb. 2024 was No Debt ⁽¹⁾.

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, Hobonichi Co could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

(1) 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.

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

TSE:3560' s Cash-to-Debt Range Over the Past 10 Years
Min: 196.41 Med: No Debt Max: No Debt
Current: 495.17

During the past 9 years, Hobonichi Co's highest Cash to Debt Ratio was No Debt. The lowest was 196.41. And the median was No Debt.

TSE:3560's Cash-to-Debt is ranked better than
96.28% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs TSE:3560: 495.17

Hobonichi Co Cash-to-Debt Historical Data

The historical data trend for Hobonichi 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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Hobonichi Co Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

802.50

473.45

196.41

205.01

263.19

Hobonichi 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																No Debt	No Debt	263.19	No Debt	No Debt

Competitive Comparison

For the Specialty Retail subindustry, Hobonichi 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.

Hobonichi Co Cash-to-Debt Distribution

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

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

Hobonichi 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.

Hobonichi 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)
	=	1373.312	/	(2.35	+	2.868)
	=	263.19

Hobonichi Co's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

Hobonichi Co had no debt ⁽¹⁾.

Hobonichi Co (TSE:3560) 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.

Hobonichi Co Cash-to-Debt Related Terms

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Hobonichi Co (TSE:3560) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hobonichi Co Ltd (TSE:3560) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stadium Place Aoyama, 9th Floor 2-9-5 Kita Aoyama, Minato-ku, Tokyo, JPN, 107-0061

Website

https://www.hobonichi.co.jp/

Hobonichi Co Ltd is an internet based content development and delivery company. It also provides product development and sales.

Hobonichi Co (TSE:3560) Headlines

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