Columbia Works (TSE:146A) Cash-to-Debt : 0.14 (As of Dec. 2023)

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What is Columbia Works 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. Columbia Works's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.14.

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

TSE:146A' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.16 Max: 0.24
Current: 0.14

During the past 3 years, Columbia Works's highest Cash to Debt Ratio was 0.24. The lowest was 0.14. And the median was 0.16.

TSE:146A's Cash-to-Debt is ranked worse than
63.13% of 1793 companies
in the Real Estate industry
Industry Median: 0.25 vs TSE:146A: 0.14

Columbia Works Cash-to-Debt Historical Data

The historical data trend for Columbia Works'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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Columbia Works Cash-to-Debt Chart

Columbia Works Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.24

0.16

0.14

Columbia Works Quarterly Data
	Dec21	Dec22	Sep23	Dec23
Cash-to-Debt	0.24	0.16	0.11	0.14

Competitive Comparison of Columbia Works's Cash-to-Debt

For the Real Estate - Development subindustry, Columbia Works'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.

Columbia Works's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Columbia Works's Cash-to-Debt distribution charts can be found below:

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

Columbia Works 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.

Columbia Works's Cash to Debt Ratio for the fiscal year 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)
	=	3158	/	(7952	+	15312)
	=	0.14

Columbia Works'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)
	=	3158	/	(7952	+	15312)
	=	0.14

Columbia Works (TSE:146A) 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.

Columbia Works Cash-to-Debt Related Terms

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Columbia Works (TSE:146A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Columbia Works Inc (TSE:146A) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-28-15 Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002

Website

https://www.columbiaworks.jp

Columbia Works Inc is engaged in Real estate development, Real estate leasing and management and Hotel management.

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