Environmental Control Center Co (TSE:4657) Cash-to-Debt : 0.27 (As of Mar. 2024)

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What is Environmental Control Center 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. Environmental Control Center Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.27.

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, Environmental Control Center Co 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 Environmental Control Center Co's Cash-to-Debt or its related term are showing as below:

TSE:4657' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.11 Med: 0.2 Max: 0.41
Current: 0.27

During the past 13 years, Environmental Control Center Co's highest Cash to Debt Ratio was 0.41. The lowest was 0.11. And the median was 0.20.

TSE:4657's Cash-to-Debt is ranked worse than
55.7% of 237 companies
in the Waste Management industry
Industry Median: 0.34 vs TSE:4657: 0.27

Environmental Control Center Co Cash-to-Debt Historical Data

The historical data trend for Environmental Control Center 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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Environmental Control Center Co Cash-to-Debt Chart

Environmental Control Center Co Annual Data

Trend

Mar14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

0.19

0.22

0.40

0.29

0.38

Environmental Control Center Co 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															0.32	0.38	0.28	0.26	0.27

Competitive Comparison of Environmental Control Center Co's Cash-to-Debt

For the Waste Management subindustry, Environmental Control Center 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.

Environmental Control Center Co's Cash-to-Debt Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Environmental Control Center Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Environmental Control Center Co's Cash-to-Debt falls into.

Environmental Control Center 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.

Environmental Control Center 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)
	=	651.23	/	(814.642	+	924.078)
	=	0.37

Environmental Control Center Co'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)
	=	576.74	/	(1339.436	+	841.018)
	=	0.26

Environmental Control Center Co (TSE:4657) 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.

Environmental Control Center Co Cash-to-Debt Related Terms

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Environmental Control Center Co (TSE:4657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Environmental Control Center Co Ltd (TSE:4657) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-7-23 Sanda-machi, Hachioji-shi, Tokyo, JPN, 193-0832

Website

http://www.kankyo-kanri.co.jp

Environmental Control Center Co., Ltd. is a Japan based environmental consulting company with a focus on chemical analysis. It provides solutions for environmental problems by monitoring and consulting services for air, water, and soil in the general environment. In addition, it also offers environmental survey, analysis, consulting and designing services for environmental or waste management, environmental conservation and remediation of municipal, prefectural and national governments.

Environmental Control Center Co (TSE:4657) Headlines

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