Matsui Securities Co (TSE:8628) Cash-to-Debt : 2.83 (As of Dec. 2023)

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What is Matsui Securities 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. Matsui Securities Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.83.

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, Matsui Securities Co 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 Matsui Securities Co's Cash-to-Debt or its related term are showing as below:

TSE:8628' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.44 Med: 2.8 Max: 5.35
Current: 2.79

During the past 13 years, Matsui Securities Co's highest Cash to Debt Ratio was 5.35. The lowest was 2.44. And the median was 2.80.

TSE:8628's Cash-to-Debt is ranked better than
56.64% of 791 companies
in the Capital Markets industry
Industry Median: 1.83 vs TSE:8628: 2.79

Matsui Securities Co Cash-to-Debt Historical Data

The historical data trend for Matsui Securities 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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Matsui Securities Co Cash-to-Debt Chart

Matsui Securities Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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5.35

2.69

3.11

2.44

2.79

Matsui Securities Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															2.44	3.06	2.70	2.83	2.79

Competitive Comparison of Matsui Securities Co's Cash-to-Debt

For the Capital Markets subindustry, Matsui Securities 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.

Matsui Securities Co's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Matsui Securities Co's Cash-to-Debt distribution charts can be found below:

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

Matsui Securities Co Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Matsui Securities Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	772492	/	(0	+	277056)
	=	2.79

Matsui Securities Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	702161	/	(0	+	248481)
	=	2.83

Matsui Securities Co (TSE:8628) 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.

Matsui Securities Co Cash-to-Debt Related Terms

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

Matsui Securities Co (TSE:8628) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Matsui Securities Co Ltd (TSE:8628) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MTW:Germany

Address

1-4, Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-8516

Website

http://www.matsui.co.jp

Matsui Securities Co Ltd is a Japanese online securities broker that provides services and trading platform for retail investors. The company's services include cash, margin, futures, and foreign exchange trading. Brokerage commissions and net interest income account for most of Matsui's operating revenue. The company generates the brokerage commissions through equity (cash and margin), futures and options, and foreign exchange transactions. The commissions on equity transactions account for the vast majority of brokerage commission revenue. Net interest income stems from margin and securities lending transaction revenue deducting interest expenses on margin transactions.

Matsui Securities Co (TSE:8628) Headlines

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