Faith (TSE:4295) Cash-to-Debt : 7.28 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Faith 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. Faith's cash to debt ratio for the quarter that ended in Dec. 2023 was 7.28.

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, Faith could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSE:4295' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.24 Med: 13.07 Max: 21.59
Current: 7.28

During the past 13 years, Faith's highest Cash to Debt Ratio was 21.59. The lowest was 5.24. And the median was 13.07.

TSE:4295's Cash-to-Debt is ranked better than
71.97% of 1031 companies
in the Media - Diversified industry
Industry Median: 1.27 vs TSE:4295: 7.28

Faith Cash-to-Debt Historical Data

The historical data trend for Faith'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.

* Premium members only.

Faith Cash-to-Debt Chart

Faith Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

21.59

12.25

13.52

16.34

6.21

Faith Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															5.41	6.21	6.76	7.16	7.28

Competitive Comparison of Faith's Cash-to-Debt

For the Entertainment subindustry, Faith'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.

Faith's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Faith's Cash-to-Debt distribution charts can be found below:

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

Faith 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.

Faith's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	11242.527	/	(885.35	+	924.8)
	=	6.21

Faith's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	10342.267	/	(820.701	+	599.9)
	=	7.28

Faith (TSE:4295) 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.

Faith Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Faith's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Faith (TSE:4295) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Faith Inc (TSE:4295) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Imon-Meiji-Yasuda Building, 566-1 Toraya-cho, Karasumadori-Oike-Sagaru, Nakagyo-ku, Kyoto, JPN, 604-8171

Website

http://www.faith.co.jp

Faith Inc operates in three segments, namely Content, Point Service, and Label. The majority of its revenue is generated from the Label segment, which is into planning, production, and sales of sound sources and videos, music rights acquisition and management, and contracted production and sales of the sound source and video products for other companies. Point Service Business is aimed at the retail industry. In addition, it offers total support for point issue data acquisition, analysis, and sales promotion utilization as a series of cycles from planning to operation. Content Business provides one-stop solutions ranging from the construction of distribution systems and the operation of services for end-users to the planning and production of digital content.

Faith (TSE:4295) Headlines

No Headlines