Nippon Telegraph & Telephone (TSE:9432) Cash-to-Debt : 0.10 (As of Dec. 2023)

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What is Nippon Telegraph & Telephone 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. Nippon Telegraph & Telephone's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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, Nippon Telegraph & Telephone couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Nippon Telegraph & Telephone's Cash-to-Debt or its related term are showing as below:

TSE:9432' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.21 Max: 0.36
Current: 0.1

During the past 13 years, Nippon Telegraph & Telephone's highest Cash to Debt Ratio was 0.36. The lowest was 0.08. And the median was 0.21.

TSE:9432's Cash-to-Debt is ranked worse than
75.71% of 387 companies
in the Telecommunication Services industry
Industry Median: 0.36 vs TSE:9432: 0.10

Nippon Telegraph & Telephone Cash-to-Debt Historical Data

The historical data trend for Nippon Telegraph & Telephone'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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Nippon Telegraph & Telephone Cash-to-Debt Chart

Nippon Telegraph & Telephone Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.25

0.22

0.12

0.11

0.10

Nippon Telegraph & Telephone 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															0.10	0.10	0.11	0.08	0.10

Competitive Comparison of Nippon Telegraph & Telephone's Cash-to-Debt

For the Telecom Services subindustry, Nippon Telegraph & Telephone'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.

Nippon Telegraph & Telephone's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Nippon Telegraph & Telephone's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Nippon Telegraph & Telephone's Cash-to-Debt falls into.

Nippon Telegraph & Telephone 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.

Nippon Telegraph & Telephone's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 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)
	=	892573	/	(2045455	+	7105078)
	=	0.10

Nippon Telegraph & Telephone's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	1053288	/	(2973878	+	7689231)
	=	0.10

Nippon Telegraph & Telephone (TSE:9432) 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.

Nippon Telegraph & Telephone Cash-to-Debt Related Terms

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

Nippon Telegraph & Telephone (TSE:9432) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nippon Telegraph & Telephone Corp (TSE:9432) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NPPXF:USA NTTYY:USA NTT:Germany

Address

5-1, Otemachi 1-Chome, Otemachi First Square, East Tower, Chiyoda-Ku, Tokyo, JPN, 100-8116

Website

http://www.ntt.co.jp

NTT owns NTT DoCoMo, the largest wireless operator in Japan, with 87.5 million subscribers. It also owns NTT East and NTT West, the two regional incumbent fixed-line operators in Japan, with about 12.1 million traditional fixed-line and 23.5 million broadband lines (around 72% of which are wholesaled). The firm also provides IT and communications systems integration via NTT Communications and 52.4%-owned NTT Data.

Nippon Telegraph & Telephone (TSE:9432) Headlines

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