YASKAWA Electric (TSE:6506) Cash-to-Debt : 0.47 (As of Feb. 2024)

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What is YASKAWA Electric 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. YASKAWA Electric's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.47.

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, YASKAWA Electric couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSE:6506' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 0.59 Max: 0.84
Current: 0.47

During the past 13 years, YASKAWA Electric's highest Cash to Debt Ratio was 0.84. The lowest was 0.42. And the median was 0.59.

TSE:6506's Cash-to-Debt is ranked worse than
69.2% of 3000 companies
in the Industrial Products industry
Industry Median: 1.22 vs TSE:6506: 0.47

YASKAWA Electric Cash-to-Debt Historical Data

The historical data trend for YASKAWA Electric'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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YASKAWA Electric Cash-to-Debt Chart

YASKAWA Electric Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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0.51

0.69

0.84

0.47

YASKAWA Electric 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															0.47	0.46	0.43	0.51	0.47

Competitive Comparison of YASKAWA Electric's Cash-to-Debt

For the Electrical Equipment & Parts subindustry, YASKAWA Electric'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.

YASKAWA Electric's Cash-to-Debt Distribution in the Industrial Products Industry

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

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

YASKAWA Electric 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.

YASKAWA Electric'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)
	=	44688	/	(29899	+	66001)
	=	0.47

YASKAWA Electric's Cash to Debt Ratio for the quarter 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)
	=	44688	/	(29899	+	66001)
	=	0.47

YASKAWA Electric (TSE:6506) 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.

YASKAWA Electric Cash-to-Debt Related Terms

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YASKAWA Electric (TSE:6506) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » YASKAWA Electric Corp (TSE:6506) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

YASKY:USA YASKF:USA YEC:Germany

Address

2-1, Kurosaki-shiroishi, Yahatanishi-ku, Kitakyushu, JPN, 806-0004

Website

http://www.yaskawa.co.jp

Yaskawa Electric manufactures motion control components (servo motors and inverters), industrial robots, and other motor-based products. It operates mainly in Asia, the Americas, and Europe as one of the leading players in the AC servo motor/controller, AC drives (inverter), and robotics markets. According to the company, it has the leading global share with AC Servo motors/controllers, where the company's cumulative AC servo motor shipments reached 20 million units in 2020, and it is also considered as one of the "big four" industrial robotics companies. The company was founded in 1915, and its head office is in Kitakyushu, Fukuoka Prefecture, Japan.

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