The Japan Steel Works (The Japan Steel Works) Cash-to-Debt

: 2.07 (As of Dec. 2023)

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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. The Japan Steel Works's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.07.

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, The Japan Steel Works could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

JPSWY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.97 Med: 1.47 Max: 2.18
Current: 2.07

During the past 13 years, The Japan Steel Works's highest Cash to Debt Ratio was 2.18. The lowest was 0.97. And the median was 1.47.

JPSWY's Cash-to-Debt is ranked better than
60.44% of 2998 companies
in the Industrial Products industry
Industry Median: 1.205 vs JPSWY: 2.07

The Japan Steel Works Cash-to-Debt Historical Data

The historical data trend for The Japan Steel Works'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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The Japan Steel Works Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

1.41

1.45

1.54

1.82

2.01

The Japan Steel Works 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																1.98	2.01	1.99	2.18	2.07

Competitive Comparison

For the Specialty Industrial Machinery subindustry, The Japan Steel Works'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.

The Japan Steel Works Cash-to-Debt Distribution

For the Industrial Products industry and Industrials sector, The Japan Steel Works's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where The Japan Steel Works's Cash-to-Debt falls into.

The Japan Steel Works 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.

The Japan Steel Works'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)
	=	653.024	/	(102.645	+	222.191)
	=	2.01

The Japan Steel Works'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)
	=	615.843	/	(118.112	+	179.662)
	=	2.07

The Japan Steel Works (OTCPK:JPSWY) 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.

The Japan Steel Works Cash-to-Debt Related Terms

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The Japan Steel Works (The Japan Steel Works) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Japan Steel Works Ltd (OTCPK:JPSWY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

5631:Japan J9R:Germany

Address

Gate City Ohsaki-West Tower, 11-1, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0032

Website

http://www.jsw.co.jp

The Japan Steel Works Ltd is a Japan-based company that primarily operates through two segments. The steel and energy products segment provides steel components for turbine shafts, steel components for nuclear reactors, steel casting for power plant turbines, oil refining equipment, high-pressure steel tankers, wind turbine systems, and various other steel products. The industrial machinery products segment offers polyolefin pelletizers, injection molding machines, extruders, film and sheet machines, blow molding machines, defense equipment, and other industrial machinery and related services and solutions. The company generates the majority of its sales from Japan and China.

The Japan Steel Works (The Japan Steel Works) Cash-to-Debt

The Japan Steel Works Cash-to-Debt Historical Data

The Japan Steel Works Cash-to-Debt Calculation

The Japan Steel Works Cash-to-Debt Related Terms

The Japan Steel Works (The Japan Steel Works) Business Description

The Japan Steel Works (The Japan Steel Works) Headlines