Eat & Holdings Co (TSE:2882) Cash-to-Debt : 0.42 (As of Feb. 2024)

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What is Eat & 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. Eat & Holdings Co's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.42.

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, Eat & Holdings Co couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSE:2882' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 0.48 Max: 1.65
Current: 0.42

During the past 13 years, Eat & Holdings Co's highest Cash to Debt Ratio was 1.65. The lowest was 0.25. And the median was 0.48.

TSE:2882's Cash-to-Debt is ranked better than
50.74% of 339 companies
in the Restaurants industry
Industry Median: 0.41 vs TSE:2882: 0.42

Eat & Holdings Co Cash-to-Debt Historical Data

The historical data trend for Eat & 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.

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Eat & Holdings Co Cash-to-Debt Chart

Eat & Holdings Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Feb22

Feb23

Cash-to-Debt

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0.41

0.81

0.25

0.45

0.26

Eat & Holdings Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.26	0.30	0.39	0.40	0.42

Competitive Comparison of Eat & Holdings Co's Cash-to-Debt

For the Restaurants subindustry, Eat & 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.

Eat & Holdings Co's Cash-to-Debt Distribution in the Restaurants Industry

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

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

Eat & 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.

Eat & Holdings Co's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	1558	/	(2696	+	3272)
	=	0.26

Eat & Holdings Co's Cash to Debt Ratio for the quarter 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)
	=	2618	/	(3045	+	3137)
	=	0.42

Eat & Holdings Co (TSE:2882) 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.

Eat & Holdings Co Cash-to-Debt Related Terms

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Eat & Holdings Co (TSE:2882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Eat & Holdings Co Ltd (TSE:2882) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-12-8 Higashi-Shinagawa, Shinagawa Seaside East Tower 15th floor, Shinagawa-ku, Tokyo, JPN, 140-0002

Website

http://www.eat-and.jp

Eat & Holdings Co Ltd is engaged in the food production business, frozen and packaged foods business, and food service business. It also operates restaurants and manufacturing plants nationwide which supports the Eat and Food business.

Eat & Holdings Co (TSE:2882) Headlines

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