BayCurrent Consulting (TSE:6532) Cash-to-Debt : 4.82 (As of Feb. 2024)

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What is BayCurrent Consulting 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. BayCurrent Consulting's cash to debt ratio for the quarter that ended in Feb. 2024 was 4.82.

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, BayCurrent Consulting could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSE:6532' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 1.14 Max: 8.84
Current: 4.82

During the past 9 years, BayCurrent Consulting's highest Cash to Debt Ratio was 8.84. The lowest was 0.20. And the median was 1.14.

TSE:6532's Cash-to-Debt is ranked better than
72.4% of 1047 companies
in the Business Services industry
Industry Median: 0.99 vs TSE:6532: 4.82

BayCurrent Consulting Cash-to-Debt Historical Data

The historical data trend for BayCurrent Consulting'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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BayCurrent Consulting Cash-to-Debt Chart

BayCurrent Consulting Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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1.14

2.96

5.00

8.84

4.82

BayCurrent Consulting 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															8.84	9.59	3.58	4.17	4.82

Competitive Comparison of BayCurrent Consulting's Cash-to-Debt

For the Consulting Services subindustry, BayCurrent Consulting'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.

BayCurrent Consulting's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BayCurrent Consulting's Cash-to-Debt distribution charts can be found below:

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

BayCurrent Consulting 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.

BayCurrent Consulting'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)
	=	46571	/	(2820	+	6835)
	=	4.82

BayCurrent Consulting's Cash to Debt Ratio for the quarter 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)
	=	46571	/	(2820	+	6835)
	=	4.82

BayCurrent Consulting (TSE:6532) 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.

BayCurrent Consulting Cash-to-Debt Related Terms

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

BayCurrent Consulting (TSE:6532) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BayCurrent Consulting Inc (TSE:6532) » Definitions » Cash-to-Debt

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BYCRF:USA

Address

23-1, Toranomon 1-Chome, Toranomon Hills Mori Tower, 9th floor, Minato-ku, Tokyo, JPN, 105-6309

Website

http://www.baycurrent.co.jp

BayCurrent Consulting Inc offers comprehensive consulting services in a wide variety of industries. It offers Strategy Business Process Consulting, Information Technology (IT) Consulting, and System Integration. The Strategy Business Process Consulting covers company or business strategy, M&A alliances, digital strategy, turn-around, globalization, innovation, and marketing or sales strategy. The IT Consulting includes IT strategy, governance, organizational improvement, cost optimization, architecture, asset evaluation, talent development, and Request for Proposal (RFP) creation. The System Integration handles system design, development and infrastructure operation and maintenance.

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