Ichibanya Co (TSE:7630) Cash-to-Debt : 105.68 (As of Nov. 2023)

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What is Ichibanya 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. Ichibanya Co's cash to debt ratio for the quarter that ended in Nov. 2023 was 105.68.

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, Ichibanya Co could pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

TSE:7630' s Cash-to-Debt Range Over the Past 10 Years
Min: 17.42 Med: 23.79 Max: 59.17
Current: 41.18

During the past 13 years, Ichibanya Co's highest Cash to Debt Ratio was 59.17. The lowest was 17.42. And the median was 23.79.

TSE:7630's Cash-to-Debt is ranked better than
97.35% of 340 companies
in the Restaurants industry
Industry Median: 0.41 vs TSE:7630: 41.18

Ichibanya Co Cash-to-Debt Historical Data

The historical data trend for Ichibanya 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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Ichibanya Co Cash-to-Debt Chart

Ichibanya Co Annual Data

Trend

May15

May16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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17.54

17.42

17.87

23.79

41.18

Ichibanya Co 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															23.79	51.40	75.38	105.68	41.18

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

For the Restaurants subindustry, Ichibanya 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.

Ichibanya Co's Cash-to-Debt Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Ichibanya Co's Cash-to-Debt distribution charts can be found below:

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

Ichibanya 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.

Ichibanya 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)
	=	15899.596	/	(203.971	+	182.105)
	=	41.18

Ichibanya Co's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	16551.992	/	(0	+	156.631)
	=	105.68

Ichibanya Co (TSE:7630) 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.

Ichibanya Co Cash-to-Debt Related Terms

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Ichibanya Co (TSE:7630) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Ichibanya Co Ltd (TSE:7630) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

7630:Japan

Address

6-12-23 Mitsui, Ichinomiya shi, Aichi, JPN

Website

http://www.ichibanya.co.jp

Ichibanya Co Ltd owns, operates, and franchises CoCo Ichibanya and other restaurants, primarily in Japan. Nearly all Ichibanya's restaurants operate under the brand name CoCo Ichibanya, which specializes in curry dishes and has more than 1,000 locations in Japan and more than 150 locations in other Asian countries and the United States. Other restaurant brands that Ichibanya operates and franchises in Japan include Pasta de CoCo, Menya CoCo Ichi, and Nikkui Tei. Nearly 90% of the company's revenue is generated in Japan.

Ichibanya Co (TSE:7630) Headlines

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