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Hosokawa Micron (TSE:6277) Cash-to-Debt : 14.07 (As of Dec. 2023)


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What is Hosokawa Micron 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. Hosokawa Micron's cash to debt ratio for the quarter that ended in Dec. 2023 was 14.07.

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, Hosokawa Micron could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSE:6277' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.01   Med: 9.78   Max: 21.1
Current: 14.07

During the past 13 years, Hosokawa Micron's highest Cash to Debt Ratio was 21.10. The lowest was 2.01. And the median was 9.78.

TSE:6277's Cash-to-Debt is ranked better than
79.63% of 2999 companies
in the Industrial Products industry
Industry Median: 1.2 vs TSE:6277: 14.07

Hosokawa Micron Cash-to-Debt Historical Data

The historical data trend for Hosokawa Micron'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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Hosokawa Micron Cash-to-Debt Chart

Hosokawa Micron Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.12 7.94 13.72 21.10 15.21

Hosokawa Micron Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.49 10.84 14.41 15.21 14.07

Competitive Comparison of Hosokawa Micron's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, Hosokawa Micron'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.


Hosokawa Micron's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hosokawa Micron's Cash-to-Debt distribution charts can be found below:

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



Hosokawa Micron 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.

Hosokawa Micron's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Hosokawa Micron's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


Hosokawa Micron  (TSE:6277) 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.


Hosokawa Micron Cash-to-Debt Related Terms

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Hosokawa Micron (TSE:6277) Business Description

Traded in Other Exchanges
N/A
Address
1-9, Shodaitadika, Hirakata-shi, Osaka, JPN, 573-1132
Hosokawa Micron Corp is a Japan based provider of process solutions in the field of powder and particle processing technology, blown film technology, and confectionery technology. The company's products have applications in nanoparticle technology and particle design, clean air and containment and environmental protection technology, toll processing and contract manufacturing, blown film technology and material business. Additionally, it also offers solutions to various industries such as energy, automobile, chemicals, minerals, pharmaceuticals, food and polymer drying and metal. The company has a business presence in Japan and other countries.

Hosokawa Micron (TSE:6277) Headlines

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