Maruchiyo Yamaokaya (TSE:3399) Cash-to-Debt : 0.97 (As of Jan. 2024)

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What is Maruchiyo Yamaokaya 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. Maruchiyo Yamaokaya's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.97.

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, Maruchiyo Yamaokaya couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for Maruchiyo Yamaokaya's Cash-to-Debt or its related term are showing as below:

TSE:3399' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 0.37 Max: 0.97
Current: 0.97

During the past 13 years, Maruchiyo Yamaokaya's highest Cash to Debt Ratio was 0.97. The lowest was 0.22. And the median was 0.37.

TSE:3399's Cash-to-Debt is ranked better than
74.12% of 340 companies
in the Restaurants industry
Industry Median: 0.41 vs TSE:3399: 0.97

Maruchiyo Yamaokaya Cash-to-Debt Historical Data

The historical data trend for Maruchiyo Yamaokaya'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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Maruchiyo Yamaokaya Cash-to-Debt Chart

Maruchiyo Yamaokaya Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

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0.39

0.50

0.58

0.66

0.97

Maruchiyo Yamaokaya Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.66	0.68	0.66	0.76	0.97

Competitive Comparison of Maruchiyo Yamaokaya's Cash-to-Debt

For the Restaurants subindustry, Maruchiyo Yamaokaya'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.

Maruchiyo Yamaokaya's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Maruchiyo Yamaokaya's Cash-to-Debt distribution charts can be found below:

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

Maruchiyo Yamaokaya 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.

Maruchiyo Yamaokaya's Cash to Debt Ratio for the fiscal year that ended in Jan. 2024 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)
	=	2774.994	/	(888.271	+	1962.151)
	=	0.97

Maruchiyo Yamaokaya's Cash to Debt Ratio for the quarter that ended in Jan. 2024 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)
	=	2774.994	/	(888.271	+	1962.151)
	=	0.97

Maruchiyo Yamaokaya (TSE:3399) 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.

Maruchiyo Yamaokaya Cash-to-Debt Related Terms

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Maruchiyo Yamaokaya (TSE:3399) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Maruchiyo Yamaokaya Corp (TSE:3399) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-1-chome, Higashi Ganboshi East Hall, 4-32, Hokkaido, Sapporo, JPN, 007-0827

Website

http://www.yamaokaya.com

Maruchiyo Yamaokaya Corp is engaged in operating a direct chain ramen noodle restaurants called Ramen Yamaokaya mainly in Hokkaido and Kanto area. It has more than twenty-five types of regular menu. Its menu includes soy sauce, miso, salt, special miso, premium salt pork.

Maruchiyo Yamaokaya (TSE:3399) Headlines

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