Circulation Co (TSE:7379) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2024)

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What is Circulation 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. Circulation Co's cash to debt ratio for the quarter that ended in Jan. 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, Circulation Co could pay off its debt using the cash in hand for the quarter that ended in Jan. 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 Circulation Co's Cash-to-Debt or its related term are showing as below:

TSE:7379' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.94 Med: No Debt Max: No Debt
Current: No Debt

During the past 5 years, Circulation Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.94. And the median was No Debt.

TSE:7379's Cash-to-Debt is ranked better than
99.72% of 1064 companies
in the Business Services industry
Industry Median: 0.99 vs TSE:7379: No Debt

Circulation Co Cash-to-Debt Historical Data

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

Circulation Co Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

1.23

0.94

3.54

No Debt

Circulation Co Quarterly Data
	Jul19	Jul20	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial									No Debt	No Debt	No Debt	No Debt	No Debt

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

For the Consulting Services subindustry, Circulation 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.

Circulation Co's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Circulation Co's Cash-to-Debt distribution charts can be found below:

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

Circulation 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.

Circulation Co's Cash to Debt Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

Circulation Co had no debt ⁽¹⁾.

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

Circulation Co had no debt ⁽¹⁾.

Circulation Co (TSE:7379) 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.

Circulation Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Circulation Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Circulation Co (TSE:7379) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Circulation Co Ltd (TSE:7379) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-21-5 Jingumae, Shibuya-ku, Tokyo, JPN, 150-0001

Website

https://www.circu.co.jp

Circulation Co Ltd provides pro-sharing consulting services. It helps clients to solve management issues using the experience and knowledge of professionals, and others.

Circulation Co (TSE:7379) Headlines

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Circulation Co (TSE:7379) Cash-to-Debt : No Debt (1) (As of Jan. 2024)