QLS Holdings Co (NGO:7075) Cash-to-Debt : 0.72 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is QLS Holdings 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. QLS Holdings Co's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.72.

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, QLS Holdings Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

NGO:7075' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.33 Med: 0.57 Max: 0.8
Current: 0.72

During the past 5 years, QLS Holdings Co's highest Cash to Debt Ratio was 0.80. The lowest was 0.33. And the median was 0.57.

NGO:7075's Cash-to-Debt is ranked worse than
54.42% of 1064 companies
in the Business Services industry
Industry Median: 0.97 vs NGO:7075: 0.72

QLS Holdings Co Cash-to-Debt Historical Data

The historical data trend for QLS Holdings 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.

* Premium members only.

QLS Holdings Co Cash-to-Debt Chart

QLS Holdings Co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.80

0.58

0.40

0.33

0.57

QLS Holdings Co Quarterly Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial					0.57	0.33	N/A	0.57	0.72

Competitive Comparison of QLS Holdings Co's Cash-to-Debt

For the Consulting Services subindustry, QLS Holdings 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.

QLS Holdings Co's Cash-to-Debt Distribution in the Business Services Industry

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

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

QLS Holdings 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.

QLS Holdings Co'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)
	=	1226.491	/	(652.89	+	1498.551)
	=	0.57

QLS Holdings Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	1311.688	/	(623.643	+	1196.557)
	=	0.72

QLS Holdings Co (NGO:7075) 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.

QLS Holdings Co Cash-to-Debt Related Terms

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

QLS Holdings Co (NGO:7075) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » QLS Holdings Co Ltd (NGO:7075) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-5 Namba Naka, 3rd floor, Namba Muromachi Building, Naniwa-ku, Osaka- shi, Osaka, JPN, 545-0053

Website

https://www.qlshd.co.jp

QLS Holdings Co Ltd is a Japanese based company engaged in the control and management of the business activities of a stock company.

QLS Holdings Co (NGO:7075) Headlines

No Headlines