Arnest One (TSE:8895) Cash-to-Debt : 0.96 (As of Dec. 2013)

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

What is Arnest One 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. Arnest One's cash to debt ratio for the quarter that ended in Dec. 2013 was 0.96.

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, Arnest One couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2013.

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

TSE:8895' s Cash-to-Debt Range Over the Past 10 Years
Min: 7.63 Med: 35.74 Max: No Debt
Current: No Debt

During the past 9 years, Arnest One's highest Cash to Debt Ratio was No Debt. The lowest was 7.63. And the median was 35.74.

TSE:8895's Cash-to-Debt is not ranked
in the Homebuilding & Construction industry.
Industry Median: 0.51 vs TSE:8895: No Debt

Arnest One Cash-to-Debt Historical Data

The historical data trend for Arnest One'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.

Arnest One Cash-to-Debt Chart

Arnest One Annual Data

Trend

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Cash-to-Debt

Get a 7-Day Free Trial

0.44

3.80

2.22

5.70

4.91

Arnest One Quarterly Data
	Mar05	Mar06	Mar07	Mar08	Mar10	Mar11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Cash-to-Debt	Get a 7-Day Free Trial									N/A	4.91	1.09	1.44	0.96

Competitive Comparison of Arnest One's Cash-to-Debt

For the Residential Construction subindustry, Arnest One'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.

Arnest One's Cash-to-Debt Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Arnest One's Cash-to-Debt distribution charts can be found below:

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

Arnest One 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.

Arnest One's Cash to Debt Ratio for the fiscal year that ended in Mar. 2013 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)
	=	34436	/	(7016	+	0)
	=	4.91

Arnest One's Cash to Debt Ratio for the quarter that ended in Dec. 2013 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)
	=	20183	/	(19571	+	1573)
	=	0.95

Arnest One (TSE:8895) 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.

Arnest One Cash-to-Debt Related Terms

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

Arnest One (TSE:8895) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Arnest One Corporation (TSE:8895) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-2-22 Kitahara-cho, Nishi-tokyo-shi, Tokyo, JPN, 188-0003

Website

http://www.arnest1.co.jp

Arnest One Corp is a Japanese company mainly engaged in subdividing and selling single-family home and condominiums. The company also provides construction works as a contractor. Its business is classified into three groups, Single-Family Homes, Condominiums and other related business.

Arnest One (TSE:8895) Headlines

No Headlines