The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Seven & i Holdings Co's Cash Ratio for the quarter that ended in Feb. 2024 was 0.51.
Seven & i Holdings Co has a Cash Ratio of 0.51. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Seven & i Holdings Co's Cash Ratio or its related term are showing as below:
TSE:3382'
s Cash Ratio Range Over the Past 10 Years
Min: 0.51 Med: 0.63 Max: 0.79
Current: 0.51
During the past 13 years, Seven & i Holdings Co's highest Cash Ratio was 0.79. The lowest was 0.51. And the median was 0.63.
TSE:3382's Cash Ratio is ranked better than 67.11% of 301
companies
in the Retail - Defensive industry
Industry Median: 0.28
vs TSE:3382: 0.51
Seven & i Holdings Co Cash Ratio Historical Data
The historical data trend for Seven & i Holdings Co's Cash Ratio 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.
* Premium members only.
Seven & i Holdings Co Annual Data
Trend
Feb15
Feb16
Feb17
Feb18
Feb19
Feb20
Feb21
Feb22
Feb23
Feb24
Cash Ratio
0.63
0.79
0.57
0.52
0.51
Seven & i Holdings Co Quarterly Data
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Feb23
May23
Aug23
Nov23
Feb24
Cash Ratio
0.52
0.47
0.40
0.53
0.51
Competitive Comparison
For the Grocery Stores subindustry, Seven & i Holdings Co's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.
Seven & i Holdings Co Cash Ratio Distribution
For the Retail - Defensive industry and Consumer Defensive sector, Seven & i Holdings Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Seven & i Holdings Co's Cash Ratio falls into.
Seven & i Holdings Co Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Seven & i Holdings Co's Cash Ratio for the fiscal year that ended in Feb. 2024 is calculated as:
* 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.
Seven & i Holdings Co (TSE:3382) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Seven & i Holdings Co Cash Ratio Related Terms
Thank you for viewing the detailed overview of Seven & i Holdings Co's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Seven & i Holdings Co (TSE:3382) Business Description
Seven & i Holdings operates 7-Eleven, the world's largest convenience store chain, with nearly 72,000 stores globally. C-store operations, mainly in Japan and North America, represent 75% of group sales (54% of operating revenue) and nearly 85% of operating profits. 7-Eleven Japan, the market leader in Japan's C-store industry, has acquired 45% value share and 38% share in store count. 7-Eleven Inc., the largest C-store chain in the U.S., made a $21 billion acquisition of Speedway in 2020. The deal lifted its total store count to about 13,700. Other retail activities including superstores, department stores, and specialty retailers either earn low margins or are in the red. The financial business, mainly ATM operations, is the other key profit contributor.
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