Teikoku Sen-I Co (TSE:3302) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Teikoku Sen-I 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. Teikoku Sen-I Co's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Teikoku Sen-I Co could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

The historical rank and industry rank for Teikoku Sen-I Co's Cash-to-Debt or its related term are showing as below:

TSE:3302' s Cash-to-Debt Range Over the Past 10 Years
Min: 17.04 Med: 181.53 Max: No Debt
Current: 1583.22

During the past 13 years, Teikoku Sen-I Co's highest Cash to Debt Ratio was No Debt. The lowest was 17.04. And the median was 181.53.

TSE:3302's Cash-to-Debt is ranked better than
96.62% of 207 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.58 vs TSE:3302: 1583.22

Teikoku Sen-I Co Cash-to-Debt Historical Data

The historical data trend for Teikoku Sen-I 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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Teikoku Sen-I Co Cash-to-Debt Chart

Teikoku Sen-I Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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268.65

228.51

17.04

491.62

No Debt

Teikoku Sen-I 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															491.62	584.81	1,016.01	1,769.97	No Debt

Competitive Comparison of Teikoku Sen-I Co's Cash-to-Debt

For the Farm & Heavy Construction Machinery subindustry, Teikoku Sen-I 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.

Teikoku Sen-I Co's Cash-to-Debt Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Teikoku Sen-I Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Teikoku Sen-I Co's Cash-to-Debt falls into.

Teikoku Sen-I 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.

Teikoku Sen-I Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Teikoku Sen-I Co had no debt ⁽¹⁾.

Teikoku Sen-I Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Teikoku Sen-I Co had no debt ⁽¹⁾.

Teikoku Sen-I Co (TSE:3302) 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.

Teikoku Sen-I Co Cash-to-Debt Related Terms

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Teikoku Sen-I Co (TSE:3302) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Teikoku Sen-I Co Ltd (TSE:3302) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-13, Nihonbashi 2-Chome, Chuo-Ku, Tokyo, JPN

Website

http://www.teisen.co.jp

Teikoku Sen-I Co Ltd manufactures and sells disaster prevention products and equipment. It offers disaster prevention products including fire hoses and fire-fighting systems; rescue and special purpose vehicles; rescue and search equipment; and anti-CBRNE terrorism and HazMat equipment consisting of detection, decontamination, protection, monitoring, and other equipment. It also provides firefighting and specialized protective clothing products; industrial rubber goods and tents; and linen yarns and fabrics. The company also offers related equipment all over Japan.

Teikoku Sen-I Co (TSE:3302) Headlines

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Teikoku Sen-I Co (TSE:3302) Cash-to-Debt : No Debt (1) (As of Dec. 2023)