NAFCO Co (TSE:2790) Cash-to-Debt : 1.99 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is NAFCO 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. NAFCO Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.99.

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

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

During the past 13 years, NAFCO Co's highest Cash to Debt Ratio was 1.99. The lowest was 0.00. And the median was 0.88.

TSE:2790's Cash-to-Debt is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 0.47
* Ranked among companies with meaningful Cash-to-Debt only.

NAFCO Co Cash-to-Debt Historical Data

The historical data trend for NAFCO 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.

NAFCO Co Cash-to-Debt Chart

NAFCO Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.83

1.53

1.31

1.37

N/A

NAFCO Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.37	1.75	1.86	1.99	N/A

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

For the Home Improvement Retail subindustry, NAFCO 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.

NAFCO Co's Cash-to-Debt Distribution in the Retail - Cyclical Industry

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

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

NAFCO 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.

NAFCO 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)
	=	36123	/	(23533	+	2866)
	=	1.37

NAFCO Co's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	42381	/	(21353	+	0)
	=	1.98

NAFCO Co (TSE:2790) 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.

NAFCO Co Cash-to-Debt Related Terms

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

NAFCO Co (TSE:2790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » NAFCO Co Ltd (TSE:2790) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-6-10, Uomachi, 7th Floor, Kokura Kita-ku, Kitakyushu, JPN, 802-0006

Website

http://www.nafco.tv

NAFCO Co., Ltd. Is a Japan-based company engages in the operation of home and furniture retail stores. The company offers household commodities, cooking appliances, footwear, food, storage equipment, furniture, floor coverings, curtains, interior accessories, lighting, beddings and others. All the business activity of the group is functioned through Japan and it products are sold with in Japanese and to the overseas region.

NAFCO Co (TSE:2790) Headlines

No Headlines