Alphax Food System Co (TSE:3814) Cash-to-Debt : 0.18 (As of Sep. 2024)

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What is Alphax Food System 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. Alphax Food System Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.18.

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, Alphax Food System Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

TSE:3814' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.17 Max: 0.44
Current: 0.18

During the past 13 years, Alphax Food System Co's highest Cash to Debt Ratio was 0.44. The lowest was 0.07. And the median was 0.17.

TSE:3814's Cash-to-Debt is ranked worse than
73.54% of 567 companies
in the Conglomerates industry
Industry Median: 0.46 vs TSE:3814: 0.18

Alphax Food System Co Cash-to-Debt Historical Data

The historical data trend for Alphax Food System 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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Alphax Food System Co Cash-to-Debt Chart

Alphax Food System Co Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Cash-to-Debt

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0.17

0.08

0.07

0.09

0.18

Alphax Food System Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.09	0.17	0.10	0.18

Competitive Comparison of Alphax Food System Co's Cash-to-Debt

For the Conglomerates subindustry, Alphax Food System 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.

Alphax Food System Co's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alphax Food System Co's Cash-to-Debt distribution charts can be found below:

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

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Alphax Food System 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.

Alphax Food System Co's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	196.68	/	(478.252	+	648.84)
	=	0.17

Alphax Food System Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	196.68	/	(478.252	+	648.84)
	=	0.17

Alphax Food System Co (TSE:3814) 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.

Alphax Food System Co Cash-to-Debt Related Terms

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Alphax Food System Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Alphax Food System Co Ltd (TSE:3814) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

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Address

128 Senzaki Sanyo Onoda, Yamaguchi Prefecture, Ube, JPN, 756-0039

Website

http://www.afs.co.jp

Alphax Food System Co Ltd provides ASP intranet services through various mission-critical systems; engages in planning and selling system equipment; offers hardware and software maintenance services; and operates e-restaurant marketplace. It operates store chain systems and supply chain systems. It also provides magazine services to the information magazine service industry.

Alphax Food System Co Headlines

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