HIDAY HIDAKA (TSE:7611) Cash-to-Debt : No Debt ⁽¹⁾ (As of Feb. 2024)

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What is HIDAY HIDAKA 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. HIDAY HIDAKA's cash to debt ratio for the quarter that ended in Feb. 2024 was No Debt ⁽¹⁾.

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, HIDAY HIDAKA could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

(1) 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.

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

TSE:7611' s Cash-to-Debt Range Over the Past 10 Years
Min: 13.73 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, HIDAY HIDAKA's highest Cash to Debt Ratio was No Debt. The lowest was 13.73. And the median was No Debt.

TSE:7611's Cash-to-Debt is ranked better than
99.71% of 340 companies
in the Restaurants industry
Industry Median: 0.41 vs TSE:7611: No Debt

HIDAY HIDAKA Cash-to-Debt Historical Data

The historical data trend for HIDAY HIDAKA'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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HIDAY HIDAKA Cash-to-Debt Chart

HIDAY HIDAKA Annual Data

Trend

Feb15

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Feb19

Feb20

Feb21

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Feb24

Cash-to-Debt

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No Debt

HIDAY HIDAKA Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of HIDAY HIDAKA's Cash-to-Debt

For the Restaurants subindustry, HIDAY HIDAKA'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.

HIDAY HIDAKA's Cash-to-Debt Distribution in the Restaurants Industry

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

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

HIDAY HIDAKA 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.

HIDAY HIDAKA's Cash to Debt Ratio for the fiscal year that ended in Feb. 2024 is calculated as:

HIDAY HIDAKA had no debt ⁽¹⁾.

HIDAY HIDAKA's Cash to Debt Ratio for the quarter that ended in Feb. 2024 is calculated as:

HIDAY HIDAKA had no debt ⁽¹⁾.

HIDAY HIDAKA (TSE:7611) 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.

HIDAY HIDAKA Cash-to-Debt Related Terms

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HIDAY HIDAKA (TSE:7611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » HIDAY HIDAKA Corp (TSE:7611) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building 6F, Saitama, JPN, 3-105

Website

http://www.hiday.co.jp

HIDAY HIDAKA Corp Is a Japan-based company principally engaged in the business of restaurant chains operation. It operates through its chain of Hidaka restaurants. The company through its stores in metropolitan areas, offers food menu which includes dishes like gyozo, ramen, Chinese rice, stir-fry dishes such as Mabo Tofu, dumplings and Chinese Donburu and other Chinese dishes. Ramen is the signboard menu of the company which is used along with soup, noodles, sliced chowder, Tonkotsu and chicken stock. Customers of the company range from students to businesspeople, late-shift workers, and seniors.

HIDAY HIDAKA (TSE:7611) Headlines

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HIDAY HIDAKA (TSE:7611) Cash-to-Debt : No Debt (1) (As of Feb. 2024)