Tokyo Base Co (TSE:3415) Cash-to-Debt : 0.94 (As of Jan. 2024)

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What is Tokyo Base 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. Tokyo Base Co's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.94.

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, Tokyo Base Co couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

TSE:3415' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.56 Med: 2.26 Max: No Debt
Current: 0.94

During the past 8 years, Tokyo Base Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.56. And the median was 2.26.

TSE:3415's Cash-to-Debt is ranked better than
64.16% of 1105 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs TSE:3415: 0.94

Tokyo Base Co Cash-to-Debt Historical Data

The historical data trend for Tokyo Base 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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Tokyo Base Co Cash-to-Debt Chart

Tokyo Base Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Jan23

Cash-to-Debt

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2.57

2.69

2.51

1.18

0.69

Tokyo Base Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.69	0.82	0.74	0.77	0.94

Competitive Comparison of Tokyo Base Co's Cash-to-Debt

For the Apparel Retail subindustry, Tokyo Base 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.

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

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

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

Tokyo Base 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.

Tokyo Base Co's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	2504.646	/	(2485.551	+	1161.731)
	=	0.69

Tokyo Base Co's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	4163.366	/	(2461.492	+	1982.931)
	=	0.94

Tokyo Base Co (TSE:3415) 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.

Tokyo Base Co Cash-to-Debt Related Terms

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Tokyo Base Co (TSE:3415) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tokyo Base Co Ltd (TSE:3415) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-5 Shibuya, MFPR Shibuya Building, 2nd Floor, Shibuya-ku, Tokyo, JPN, 150-0002

Website

http://www.tokyobase.co.jp

Tokyo Base Co Ltd is engaged in the retail sale of apparel goods for men and women. The company operates its stores under the STUDIOUS, UNITED TOKYO, CITY, and PUBLIC TOKYO brand names. The company products include tops, bottoms, shoes, bags, accessories and other goods.

Tokyo Base Co (TSE:3415) Headlines

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