Autobacs Seven Co (TSE:9832) Cash-to-Debt : 4.95 (As of Dec. 2023)

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What is Autobacs Seven 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. Autobacs Seven Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.95.

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

TSE:9832' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.31 Med: 6.42 Max: 10.35
Current: 4.95

During the past 13 years, Autobacs Seven Co's highest Cash to Debt Ratio was 10.35. The lowest was 2.31. And the median was 6.42.

TSE:9832's Cash-to-Debt is ranked better than
82.06% of 1293 companies
in the Vehicles & Parts industry
Industry Median: 0.57 vs TSE:9832: 4.95

Autobacs Seven Co Cash-to-Debt Historical Data

The historical data trend for Autobacs Seven 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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Autobacs Seven Co Cash-to-Debt Chart

Autobacs Seven Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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7.51

4.63

3.46

2.70

2.31

Autobacs Seven Co 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															2.48	2.31	3.01	4.51	4.95

Competitive Comparison of Autobacs Seven Co's Cash-to-Debt

For the Auto Parts subindustry, Autobacs Seven 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.

Autobacs Seven Co's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autobacs Seven Co's Cash-to-Debt distribution charts can be found below:

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

Autobacs Seven 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.

Autobacs Seven Co'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)
	=	28215	/	(2548	+	9645)
	=	2.31

Autobacs Seven Co'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)
	=	33447	/	(684	+	6072)
	=	4.95

Autobacs Seven Co (TSE:9832) 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.

Autobacs Seven Co Cash-to-Debt Related Terms

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Autobacs Seven Co (TSE:9832) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autobacs Seven Co Ltd (TSE:9832) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

NBF Toyosu Canal Front, 6-52, Toyosu 5-chome, Koto-ku, Tokyo, JPN

Website

http://www.autobacs.co.jp

Autobacs Seven Co Ltd is a Japanese specialty retailer of goods and services for vehicles. The corporation is mostly engaged in the retail of automobile products, purchase/resale of automobiles, and offering of inspection and maintenance services. Besides these core businesses, Autobacs Seven provides also loan credits, nonlife insurance, and office support. The main geographical market is Japan, but the company has also operations overseas. Overseas stores are located in France, Thailand, Malaysia, Indonesia, Singapore, and Taiwan.

Autobacs Seven Co (TSE:9832) Headlines

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