Nomura Real Estate Holdings (TSE:3231) Cash-to-Debt : 0.09 (As of Mar. 2024)

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What is Nomura Real Estate 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. Nomura Real Estate Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.09.

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, Nomura Real Estate Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

TSE:3231' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.09 Max: 0.15
Current: 0.09

During the past 13 years, Nomura Real Estate Holdings's highest Cash to Debt Ratio was 0.15. The lowest was 0.06. And the median was 0.09.

TSE:3231's Cash-to-Debt is ranked worse than
72.54% of 1792 companies
in the Real Estate industry
Industry Median: 0.26 vs TSE:3231: 0.09

Nomura Real Estate Holdings Cash-to-Debt Historical Data

The historical data trend for Nomura Real Estate 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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Nomura Real Estate Holdings Cash-to-Debt Chart

Nomura Real Estate Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.13

0.10

0.06

0.09

Nomura Real Estate 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															0.06	0.06	0.08	0.08	0.09

Competitive Comparison of Nomura Real Estate Holdings's Cash-to-Debt

For the Real Estate Services subindustry, Nomura Real Estate 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.

Nomura Real Estate Holdings's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nomura Real Estate Holdings's Cash-to-Debt distribution charts can be found below:

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

Nomura Real Estate 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.

Nomura Real Estate Holdings's Cash to Debt Ratio for the fiscal year 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)
	=	102956	/	(107688	+	1085040)
	=	0.09

Nomura Real Estate 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)
	=	102956	/	(107688	+	1085040)
	=	0.09

Nomura Real Estate Holdings (TSE:3231) 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.

Nomura Real Estate Holdings Cash-to-Debt Related Terms

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Nomura Real Estate Holdings (TSE:3231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nomura Real Estate Holdings Inc (TSE:3231) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NMEHF:USA

Address

Shinjuku Nomura Building, 1-26-2 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0566

Website

http://www.nomura-re-hd.co.jp

Nomura Real Estate Holdings Inc comprises Nomura Real Estate Development and other group companies. It operates in residential development, leasing, investment management, property brokerage, commercial real estate, property management, and other areas. Residential development is the leading business and provides a diverse group of services. Condominiums and detached housing are among the various property types offered. The group launches numerous properties under its branded names, like Proud and Ohana, in various parts of the Tokyo metropolitan area. In addition to commercial property development, the group provides corporate real estate brokerage and architectural design.

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