Kohsai Co (TSE:7878) Cash-to-Debt : 0.55 (As of Jan. 2024)

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What is Kohsai 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. Kohsai Co's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.55.

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, Kohsai Co couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

TSE:7878' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.49 Med: 1.04 Max: 1.63
Current: 0.55

During the past 13 years, Kohsai Co's highest Cash to Debt Ratio was 1.63. The lowest was 0.49. And the median was 1.04.

TSE:7878's Cash-to-Debt is ranked better than
54.38% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs TSE:7878: 0.55

Kohsai Co Cash-to-Debt Historical Data

The historical data trend for Kohsai 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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Kohsai Co Cash-to-Debt Chart

Kohsai Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

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0.89

0.95

0.79

0.49

0.55

Kohsai Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.49	0.46	0.52	0.58	0.55

Competitive Comparison of Kohsai Co's Cash-to-Debt

For the Luxury Goods subindustry, Kohsai 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.

Kohsai Co's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kohsai Co's Cash-to-Debt distribution charts can be found below:

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

Kohsai 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.

Kohsai Co's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	482.551	/	(879.035	+	6.819)
	=	0.54

Kohsai Co's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	482.551	/	(879.035	+	6.819)
	=	0.54

Kohsai Co (TSE:7878) 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.

Kohsai Co Cash-to-Debt Related Terms

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

Kohsai Co (TSE:7878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kohsai Co Ltd (TSE:7878) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3049 Ryuji, Yamanashi prefecture, Kai-shi, JPN, 400-0194

Website

http://www.kohsai-qq.co.jp

Kohsai Co Ltd engages in the jewelry business. The company manufactures and sells of jewelry, metal accessories, and jewelry parts. It also provides property, casualty, and life insurance services. Its products include clasps, rings, pierce/catches, earrings, and pendants, men's cuff, rings and others.

Kohsai Co (TSE:7878) Headlines

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