Japan Living Warranty (TSE:7320) Cash-to-Debt : 1.17 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Japan Living Warranty 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. Japan Living Warranty's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.17.

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, Japan Living Warranty could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

TSE:7320' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.17 Med: 6.83 Max: No Debt
Current: 1.17

During the past 8 years, Japan Living Warranty's highest Cash to Debt Ratio was No Debt. The lowest was 1.17. And the median was 6.83.

TSE:7320's Cash-to-Debt is ranked better than
52.46% of 1056 companies
in the Business Services industry
Industry Median: 0.975 vs TSE:7320: 1.17

Japan Living Warranty Cash-to-Debt Historical Data

The historical data trend for Japan Living Warranty'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.

Japan Living Warranty Cash-to-Debt Chart

Japan Living Warranty Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

12.94

8.69

2.47

1.38

Japan Living Warranty Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.61	1.38	1.50	1.87	1.17

Competitive Comparison of Japan Living Warranty's Cash-to-Debt

For the Specialty Business Services subindustry, Japan Living Warranty'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.

Japan Living Warranty's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Japan Living Warranty's Cash-to-Debt distribution charts can be found below:

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

Japan Living Warranty 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.

Japan Living Warranty's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	3542.37	/	(123.718	+	2450.92)
	=	1.38

Japan Living Warranty's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	2983.206	/	(123.718	+	2419.99)
	=	1.17

Japan Living Warranty (TSE:7320) 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.

Japan Living Warranty Cash-to-Debt Related Terms

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

Japan Living Warranty (TSE:7320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Japan Living Warranty Inc (TSE:7320) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yoyogi 3-28-6 Shibuya-ku, 5th and 6th Floor, Ichigo West Attendant Building, Tokyo, JPN, 151-0053

Website

https://www.jlw.jp

Japan Living Warranty Inc is a Japan-based company engages in the provision of housing equipment guarantee, houses repair, and other maintenance services. It also offers electronic money issuing solutions.

Japan Living Warranty (TSE:7320) Headlines

No Headlines