Halmek holdings Co (TSE:7119) Cash-to-Debt : 0.31 (As of Dec. 2023)

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What is Halmek holdings 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. Halmek holdings Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.31.

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, Halmek holdings Co 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 Halmek holdings Co's Cash-to-Debt or its related term are showing as below:

TSE:7119' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.36 Max: 0.62
Current: 0.31

During the past 3 years, Halmek holdings Co's highest Cash to Debt Ratio was 0.62. The lowest was 0.13. And the median was 0.36.

TSE:7119's Cash-to-Debt is ranked worse than
60.65% of 526 companies
in the Conglomerates industry
Industry Median: 0.48 vs TSE:7119: 0.31

Halmek holdings Co Cash-to-Debt Historical Data

The historical data trend for Halmek holdings 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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Halmek holdings Co Cash-to-Debt Chart

Halmek holdings Co Annual Data

Trend

Mar21

Mar22

Mar23

Cash-to-Debt

0.22

0.13

0.62

Halmek holdings Co Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				0.33	0.62	0.40	0.42	0.31

Competitive Comparison of Halmek holdings Co's Cash-to-Debt

For the Conglomerates subindustry, Halmek holdings 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.

Halmek holdings Co's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Halmek holdings Co's Cash-to-Debt distribution charts can be found below:

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

Halmek holdings 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.

Halmek holdings Co'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)
	=	5036	/	(3228	+	4896)
	=	0.62

Halmek holdings Co'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)
	=	1351	/	(2355	+	2006)
	=	0.31

Halmek holdings Co (TSE:7119) 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.

Halmek holdings Co Cash-to-Debt Related Terms

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Halmek holdings Co (TSE:7119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Halmek holdings Co Ltd (TSE:7119) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-1-1 Kagurazaka, Shinjuku-ku, Tokyo, JPN, 162-0825

Website

https://www.halmek-holdings.co.jp

Halmek holdings Co Ltd is engaged in various businesses. The company believes that its mission is to help women live positively and happily in their lives. its business includes content business, Store business, Mail order business, consulting and advertising agency business, and healthcare business. The content business includes a wide range of content such as magazines, websites, courses, and events. The mail-order business includes the needs and concerns of consumers and offers a variety of products that respond to changes in mind, body, and lifestyle that come with age. The company's products and services include Halmek Health and Life, Magazine Halmek, CRM consulting, mail order startup, and mail order startup.

Halmek holdings Co (TSE:7119) Headlines

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