Japan PropTech Co (TSE:4054) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Japan PropTech 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. Japan PropTech Co's cash to debt ratio for the quarter that ended in Mar. 2024 was No Debt ⁽¹⁾.

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, Japan PropTech Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

(1) 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.

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

TSE:4054' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.6 Med: 969.83 Max: No Debt
Current: 20.63

During the past 6 years, Japan PropTech Co's highest Cash to Debt Ratio was No Debt. The lowest was 5.60. And the median was 969.83.

TSE:4054's Cash-to-Debt is ranked better than
74.51% of 2805 companies
in the Software industry
Industry Median: 2.57 vs TSE:4054: 20.63

Japan PropTech Co Cash-to-Debt Historical Data

The historical data trend for Japan PropTech 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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Japan PropTech Co Cash-to-Debt Chart

Japan PropTech Co Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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138.93

304.40

969.83

5.60

23.16

Japan PropTech Co Quarterly Data
	Jun18	Jun19	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														17.50	23.16	22.42	No Debt	No Debt

Competitive Comparison of Japan PropTech Co's Cash-to-Debt

For the Software - Application subindustry, Japan PropTech 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.

Japan PropTech Co's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Japan PropTech Co's Cash-to-Debt distribution charts can be found below:

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

Japan PropTech 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.

Japan PropTech Co'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)
	=	1157.291	/	(20.268	+	29.71)
	=	23.16

Japan PropTech Co's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Japan PropTech Co had no debt ⁽¹⁾.

Japan PropTech Co (TSE:4054) 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.

Japan PropTech Co Cash-to-Debt Related Terms

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Japan PropTech Co (TSE:4054) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Japan PropTech Co Ltd (TSE:4054) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

13-18 Kanmachi, Miyakonojo-shi, Miyazaki, 885-0072, JPN, 885-0072

Website

https://www.n-create.co.jp

Japan PropTech Co Ltd formerly Nihon Jyoho Create Co Ltd is engaged in providing software services and system development for Real estate agent. The company's services include software development, sales, support, inter-company property distribution service, brokerage business support service, management business support service, consumer support service, and architecture related software.

Japan PropTech Co (TSE:4054) Headlines

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Japan PropTech Co (TSE:4054) Cash-to-Debt : No Debt (1) (As of Mar. 2024)