ROYAL HOLDINGS Co (TSE:8179) Cash-to-Debt : 0.58 (As of Mar. 2024)

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What is ROYAL 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. ROYAL HOLDINGS Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.58.

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

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

TSE:8179' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 0.24 Max: 0.58
Current: 0.58

During the past 13 years, ROYAL HOLDINGS Co's highest Cash to Debt Ratio was 0.58. The lowest was 0.10. And the median was 0.24.

TSE:8179's Cash-to-Debt is ranked better than
60% of 340 companies
in the Restaurants industry
Industry Median: 0.41 vs TSE:8179: 0.58

ROYAL HOLDINGS Co Cash-to-Debt Historical Data

The historical data trend for ROYAL 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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ROYAL HOLDINGS Co Cash-to-Debt Chart

ROYAL HOLDINGS Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.14

0.22

0.39

0.46

0.52

ROYAL HOLDINGS Co 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															0.52	0.53	0.54	0.52	0.58

Competitive Comparison of ROYAL HOLDINGS Co's Cash-to-Debt

For the Restaurants subindustry, ROYAL 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.

ROYAL HOLDINGS Co's Cash-to-Debt Distribution in the Restaurants Industry

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

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

ROYAL 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.

ROYAL HOLDINGS Co's Cash to Debt Ratio for the fiscal year 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)
	=	26394	/	(10294	+	40910)
	=	0.52

ROYAL HOLDINGS Co'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)
	=	31537	/	(9300	+	44736)
	=	0.58

ROYAL HOLDINGS Co (TSE:8179) 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.

ROYAL HOLDINGS Co Cash-to-Debt Related Terms

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ROYAL HOLDINGS Co (TSE:8179) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » ROYAL HOLDINGS Co Ltd (TSE:8179) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

8179:Japan

Address

3-28-5 Naka, Hakata-ku, Fukuoka, JPN, 812-0893

Website

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

ROYAL HOLDINGS Co Ltd operates five core businesses in Japan: Restaurants, Hotels, Contract Food Services, In-Flight Catering, and Food Manufacturing. Royal's Restaurants business operates various brands, including Royal Host, Tenya, Cowboy Family, Shakey's, Sizzler, Hananoki, Royal Garden Café, pinkberry, The Third Café, and Rose Bakery. The company's Hotel business operates Richmond Hotels. Contract Food Services provides food in airports, highway service areas, department stores, and convention centers. In-Flight Catering provides meals for dozens of airlines worldwide. The Food Manufacturing business has two central kitchens in Japan that serve the company's other businesses.

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