Yagami (NGO:7488) Cash-to-Debt : No Debt ⁽¹⁾ (As of Jan. 2024)

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What is Yagami 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. Yagami's cash to debt ratio for the quarter that ended in Jan. 2024 was No Debt ⁽¹⁾.

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, Yagami could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

(1) 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.

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

NGO:7488' s Cash-to-Debt Range Over the Past 10 Years
Min: 27.91 Med: No Debt Max: No Debt
Current: 27.91

During the past 13 years, Yagami's highest Cash to Debt Ratio was No Debt. The lowest was 27.91. And the median was No Debt.

NGO:7488's Cash-to-Debt is ranked better than
85.42% of 96 companies
in the Medical Distribution industry
Industry Median: 0.775 vs NGO:7488: 27.91

Yagami Cash-to-Debt Historical Data

The historical data trend for Yagami'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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Yagami Cash-to-Debt Chart

Yagami Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

95.85

43.33

31.28

Yagami Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	31.28	No Debt	No Debt	No Debt

Competitive Comparison of Yagami's Cash-to-Debt

For the Medical Distribution subindustry, Yagami'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.

Yagami's Cash-to-Debt Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Yagami's Cash-to-Debt distribution charts can be found below:

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

Yagami 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.

Yagami's Cash to Debt Ratio for the fiscal year that ended in Apr. 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)
	=	10537.201	/	(47.397	+	289.517)
	=	31.28

Yagami's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Yagami had no debt ⁽¹⁾.

Yagami (NGO:7488) 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.

Yagami Cash-to-Debt Related Terms

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

Yagami (NGO:7488) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Yagami Inc (NGO:7488) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 29, No. 3, Marunouchi, Nagoya, JPN, 460 0002

Website

http://www.yagami-inc.co.jp

Yagami Inc is a Japan based company engaged in providing science education equipment, facility equipment, health and welfare equipment, emergency equipment and industry electric heating system.

Yagami (NGO:7488) Headlines

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Yagami (NGO:7488) Cash-to-Debt : No Debt (1) (As of Jan. 2024)