Yokogawa Bridge Holdings (TSE:5911) Cash-to-Debt : 0.88 (As of Dec. 2023)

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What is Yokogawa Bridge Holdings 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. Yokogawa Bridge Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.88.

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, Yokogawa Bridge Holdings 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 Yokogawa Bridge Holdings's Cash-to-Debt or its related term are showing as below:

TSE:5911' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.59 Med: 1.92 Max: 4.23
Current: 0.88

During the past 13 years, Yokogawa Bridge Holdings's highest Cash to Debt Ratio was 4.23. The lowest was 0.59. And the median was 1.92.

TSE:5911's Cash-to-Debt is ranked better than
57.25% of 1675 companies
in the Construction industry
Industry Median: 0.62 vs TSE:5911: 0.88

Yokogawa Bridge Holdings Cash-to-Debt Historical Data

The historical data trend for Yokogawa Bridge Holdings'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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Yokogawa Bridge Holdings Cash-to-Debt Chart

Yokogawa Bridge Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

1.94

1.92

1.18

2.49

1.17

Yokogawa Bridge Holdings 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															0.59	1.17	1.71	1.61	0.88

Competitive Comparison of Yokogawa Bridge Holdings's Cash-to-Debt

For the Engineering & Construction subindustry, Yokogawa Bridge Holdings'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.

Yokogawa Bridge Holdings's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yokogawa Bridge Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Yokogawa Bridge Holdings's Cash-to-Debt falls into.

Yokogawa Bridge Holdings 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.

Yokogawa Bridge Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	25143	/	(9941	+	11500)
	=	1.17

Yokogawa Bridge Holdings'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)
	=	25475	/	(536	+	28500)
	=	0.88

Yokogawa Bridge Holdings (TSE:5911) 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.

Yokogawa Bridge Holdings Cash-to-Debt Related Terms

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Yokogawa Bridge Holdings (TSE:5911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yokogawa Bridge Holdings Corp (TSE:5911) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-4-44 Shibaura, Minato-ku, Tokyo, JPN, 108-0023

Website

http://www.ybhd.co.jp

Yokogawa Bridge Holdings Corp is a Japan-based company engaged in building bridges and steel towers nationwide and overseas. The company uses computer-aided drafting (CAD) and computer-aided manufacturing (CAM) technologies to construct steel structures. Its businesses comprise of Bridge Business, Civil Engineering Business, Precision Equipment Business, and Research and Development Business.

Yokogawa Bridge Holdings (TSE:5911) Headlines

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