Chiyoda Co (TSE:8185) Cash-to-Debt : 19.73 (As of Nov. 2023)

View and export this data going back to 1985. Start your Free Trial

What is Chiyoda 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. Chiyoda Co's cash to debt ratio for the quarter that ended in Nov. 2023 was 19.73.

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, Chiyoda Co could pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

TSE:8185' s Cash-to-Debt Range Over the Past 10 Years
Min: 8.67 Med: 11.26 Max: 25.24
Current: 25.24

During the past 13 years, Chiyoda Co's highest Cash to Debt Ratio was 25.24. The lowest was 8.67. And the median was 11.26.

TSE:8185's Cash-to-Debt is ranked better than
91.86% of 1106 companies
in the Retail - Cyclical industry
Industry Median: 0.46 vs TSE:8185: 25.24

Chiyoda Co Cash-to-Debt Historical Data

The historical data trend for Chiyoda 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.

* Premium members only.

Chiyoda Co Cash-to-Debt Chart

Chiyoda Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

Get a 7-Day Free Trial

16.43

11.01

20.17

22.06

25.24

Chiyoda Co 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															22.06	19.39	21.98	19.73	25.24

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

For the Apparel Retail subindustry, Chiyoda 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.

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

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

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

Chiyoda 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.

Chiyoda Co's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	26604	/	(298	+	756)
	=	25.24

Chiyoda Co's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	22309	/	(309	+	822)
	=	19.73

Chiyoda Co (TSE:8185) 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.

Chiyoda Co Cash-to-Debt Related Terms

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

Chiyoda Co (TSE:8185) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Chiyoda Co Ltd (TSE:8185) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-39-8 Narita-Higashi, Sunginami-ku, Tokyo, JPN, 166-8506

Website

http://www.chiyodagrp.co.jp

Chiyoda Co Ltd operates shoe and clothing retail stores in Japan. The shoe segment accounts for roughly three fourths of total company revenue. Chiyoda has more than 1,000 shoe stores, which sell both private-label and national brands and operate primarily under the names Shoe Plaza and Tokyo Shoes Retailing Center. Most of Chiyoda's shoe sales are in the athletic footwear, adult men's, and adult women's categories. The remaining sales are in the clothing segment, where the company operates nearly 500 stores, primarily under the Mac-House brand name.

Chiyoda Co (TSE:8185) Headlines

No Headlines