Benesse Holdings (TSE:9783) Cash-to-Debt : 0.98 (As of Dec. 2023)

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What is Benesse Holdings 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. Benesse Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.98.

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, Benesse Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSE:9783' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.97 Med: 1.37 Max: 4.78
Current: 0.98

During the past 13 years, Benesse Holdings's highest Cash to Debt Ratio was 4.78. The lowest was 0.97. And the median was 1.37.

TSE:9783's Cash-to-Debt is ranked worse than
56.87% of 262 companies
in the Education industry
Industry Median: 1.235 vs TSE:9783: 0.98

Benesse Holdings Cash-to-Debt Historical Data

The historical data trend for Benesse Holdings'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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Benesse Holdings Cash-to-Debt Chart

Benesse Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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1.22

1.29

1.17

1.06

0.97

Benesse Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															1.06	0.97	1.11	1.10	0.98

Competitive Comparison of Benesse Holdings's Cash-to-Debt

For the Education & Training Services subindustry, Benesse Holdings'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.

Benesse Holdings's Cash-to-Debt Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Benesse Holdings's Cash-to-Debt distribution charts can be found below:

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

Benesse Holdings 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.

Benesse Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	136171	/	(5060	+	135345)
	=	0.97

Benesse Holdings's Cash to Debt Ratio for the quarter 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)
	=	147825	/	(61	+	150736)
	=	0.98

Benesse Holdings (TSE:9783) 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.

Benesse Holdings Cash-to-Debt Related Terms

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Benesse Holdings (TSE:9783) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Benesse Holdings Inc (TSE:9783) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BSEFY:USA BE8:Germany

Address

3-7-17 Minamigata, Kita-ku, Okayama, JPN, 700-0807

Website

http://www.benesse-hd.co.jp

Benesse Holdings Inc is a Japanese holding company that operates educational facilities, nursing homes, and child care services. The company's main segment operates elementary, junior high, and high schools across Japan. The company also provides course materials and exam preparation materials. In addition, Benesse Holdings operates branded preschools as well as nursing and elderly care facilities. Enrollment tuition in elementary and junior high schools provides the largest source of revenue for the company. Benesse Holdings also operates educational services in China, Taiwan, South Korea, and the United States.

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