Toho Co (TSE:9602) Cash-to-Debt : 4.01 (As of Aug. 2024)

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What is Toho 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. Toho Co's cash to debt ratio for the quarter that ended in Aug. 2024 was 4.01.

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, Toho Co could pay off its debt using the cash in hand for the quarter that ended in Aug. 2024.

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

TSE:9602' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.01 Med: 183.47 Max: 1610.47
Current: 4.01

During the past 13 years, Toho Co's highest Cash to Debt Ratio was 1610.47. The lowest was 4.01. And the median was 183.47.

TSE:9602's Cash-to-Debt is ranked better than
65.92% of 1030 companies
in the Media - Diversified industry
Industry Median: 1.225 vs TSE:9602: 4.01

Toho Co Cash-to-Debt Historical Data

The historical data trend for Toho 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.

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Toho Co Cash-to-Debt Chart

Toho Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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344.18

538.90

1,586.82

240.28

28.57

Toho Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Cash-to-Debt	Get a 7-Day Free Trial															123.80	168.95	28.57	4.49	4.01

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

For the Entertainment subindustry, Toho 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.

Toho Co's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Toho Co's Cash-to-Debt distribution charts can be found below:

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

Toho 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.

Toho 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)
	=	95810	/	(1165	+	2189)
	=	28.57

Toho Co's Cash to Debt Ratio for the quarter that ended in Aug. 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)
	=	90581	/	(20680	+	1892)
	=	4.01

Toho Co (TSE:9602) 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.

Toho Co Cash-to-Debt Related Terms

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Toho Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Toho Co Ltd (TSE:9602) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TKCOF:USA TOH:Germany

Address

1-2-2 Yurakucho Chiyoda-ku, Tokyo, JPN, 100-8415

Website

http://www.toho.co.jp

Toho Co Ltd is a diversified media company, with interests in the film and theater businesses. The company operates through three primary business segments: movie, theater, and real estate. The movie segment generates the vast majority of its revenue and is involved in the production and distribution of feature films. The theater segment is involved in planning, producing, and performing stage productions. The corporate real estate segment leases land and buildings. The company generates the vast majority of its revenue in Japan.

Toho Co Headlines

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