Konami Group (TSE:9766) Cash-to-Debt : 3.98 (As of Dec. 2023)

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What is Konami Group 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. Konami Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 3.98.

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, Konami Group 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 Konami Group's Cash-to-Debt or its related term are showing as below:

TSE:9766' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.24 Med: 3.58 Max: 9.16
Current: 3.98

During the past 13 years, Konami Group's highest Cash to Debt Ratio was 9.16. The lowest was 1.24. And the median was 3.58.

TSE:9766's Cash-to-Debt is ranked worse than
52.47% of 587 companies
in the Interactive Media industry
Industry Median: 4.57 vs TSE:9766: 3.98

Konami Group Cash-to-Debt Historical Data

The historical data trend for Konami Group'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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Konami Group Cash-to-Debt Chart

Konami Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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7.83

3.45

2.69

3.68

3.67

Konami Group 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															3.50	3.67	3.65	3.95	3.98

Competitive Comparison of Konami Group's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, Konami Group'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.

Konami Group's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Konami Group's Cash-to-Debt distribution charts can be found below:

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

Konami Group 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.

Konami Group'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)
	=	219263	/	(0	+	59819)
	=	3.67

Konami Group'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)
	=	238283	/	(0	+	59851)
	=	3.98

Konami Group (TSE:9766) 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.

Konami Group Cash-to-Debt Related Terms

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Konami Group (TSE:9766) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Konami Group Corp (TSE:9766) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KONMY:USA KNAMF:USA KNM:UK KOA:Germany

Address

1-11-1, Ginza, Chuo-ku, Tokyo, JPN, 104-0061

Website

https://www.konami.com

Konami Group Corp is a Japan-based company which develops, publishes, markets and distributes video game software products for stationary consoles and for portable consoles. It also produces gaming machines for casinos and operates Health & Fitness clubs. The company operates through four business operations namely Digital Entertainment, Amusement, Gaming & Systems, and Sports. The company generates the majority of its revenue from the Digital Entertainment segment which is involved in the production, manufacture and sale of digital content and related products including mobile games, arcade games, card games and computer and video games.

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