Ai Holdings (TSE:3076) Cash-to-Debt : 25.17 (As of Mar. 2024)

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What is Ai Holdings 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. Ai Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 25.17.

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, Ai Holdings could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

TSE:3076' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.77 Med: 18.67 Max: No Debt
Current: 25.17

During the past 13 years, Ai Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 3.77. And the median was 18.67.

TSE:3076's Cash-to-Debt is ranked better than
88.91% of 523 companies
in the Conglomerates industry
Industry Median: 0.48 vs TSE:3076: 25.17

Ai Holdings Cash-to-Debt Historical Data

The historical data trend for Ai Holdings'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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Ai Holdings Cash-to-Debt Chart

Ai Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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12.36

16.63

21.89

26.07

27.79

Ai Holdings 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															25.32	27.79	24.89	24.51	25.17

Competitive Comparison of Ai Holdings's Cash-to-Debt

For the Conglomerates subindustry, Ai Holdings'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.

Ai Holdings's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ai Holdings's Cash-to-Debt distribution charts can be found below:

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

Ai Holdings 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.

Ai Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	38460	/	(440	+	944)
	=	27.79

Ai Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	32321	/	(423	+	861)
	=	25.17

Ai Holdings (TSE:3076) 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.

Ai Holdings Cash-to-Debt Related Terms

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Ai Holdings (TSE:3076) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ai Holdings Corp (TSE:3076) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

12-8 Nihonbashi Hisamatsucho, Chuo-ku, Tokyo, JPN, 103-0005

Website

http://www.aiholdings.co.jp

Ai Holdings is mainly engaged in information equipment and security equipment businesses. The company has several business segments: security equipment, card equipment, maintenance service, information equipment, measuring device and environmental testing equipment, design, leasing, and installment. The security equipment sector offers surveillance cameras and recorders, as well as services. The card equipment segment offers card-issuing system equipment. The information equipment segment's main products are cutting machines and scanners. The measurement equipment segment offers environmental test equipment that accomodates a wide range of data such as voltage, temperature, humidity, and pulse. The design segment is mainly focused on the earthquake-resistant structural design.

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