JMACS Japan Co (TSE:5817) Cash-to-Debt : 0.28 (As of Nov. 2023)

View and export this data going back to 2000. Start your Free Trial

What is JMACS Japan 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. JMACS Japan Co's cash to debt ratio for the quarter that ended in Nov. 2023 was 0.28.

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, JMACS Japan Co couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

TSE:5817' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.26 Max: 2.46
Current: 0.28

During the past 13 years, JMACS Japan Co's highest Cash to Debt Ratio was 2.46. The lowest was 0.10. And the median was 0.26.

TSE:5817's Cash-to-Debt is ranked worse than
83.99% of 2374 companies
in the Hardware industry
Industry Median: 1.34 vs TSE:5817: 0.28

JMACS Japan Co Cash-to-Debt Historical Data

The historical data trend for JMACS Japan 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.

* Premium members only.

JMACS Japan Co Cash-to-Debt Chart

JMACS Japan Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Cash-to-Debt

Get a 7-Day Free Trial

0.27

0.11

0.18

0.20

0.26

JMACS Japan Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash-to-Debt	Get a 7-Day Free Trial															0.43	0.26	0.28	0.26	0.28

Competitive Comparison of JMACS Japan Co's Cash-to-Debt

For the Communication Equipment subindustry, JMACS Japan 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.

JMACS Japan Co's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, JMACS Japan Co's Cash-to-Debt distribution charts can be found below:

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

JMACS Japan 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.

JMACS Japan Co's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	526.59	/	(785.148	+	1242.833)
	=	0.26

JMACS Japan Co's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	844.334	/	(1885.148	+	1178.972)
	=	0.28

JMACS Japan Co (TSE:5817) 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.

JMACS Japan Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of JMACS Japan Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

JMACS Japan Co (TSE:5817) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » JMACS Japan Co (TSE:5817) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fukushima 7 - chome, 11th floor of KM Nishi Umeda Building, Fukushima-ku, Osaka, JPN, 553-0003

Website

http://www.jmacs-j.co.jp

JMACS Japan Co is engaged in the manufacture and sales of industrial products, entrusted development of automation and labor saving systems, instrumentation cable, control cable, communication cable, optical fiber cable, and production and sale of processed harness products.

JMACS Japan Co (TSE:5817) Headlines

No Headlines