Fujikura Composites (TSE:5121) Cash-to-Debt : 206.97 (As of Dec. 2023)

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What is Fujikura Composites 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. Fujikura Composites's cash to debt ratio for the quarter that ended in Dec. 2023 was 206.97.

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, Fujikura Composites 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 Fujikura Composites's Cash-to-Debt or its related term are showing as below:

TSE:5121' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.88 Med: 1.36 Max: 206.97
Current: 206.97

During the past 13 years, Fujikura Composites's highest Cash to Debt Ratio was 206.97. The lowest was 0.88. And the median was 1.36.

TSE:5121's Cash-to-Debt is ranked better than
95.6% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs TSE:5121: 206.97

Fujikura Composites Cash-to-Debt Historical Data

The historical data trend for Fujikura Composites'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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Fujikura Composites Cash-to-Debt Chart

Fujikura Composites Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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1.03

1.04

1.42

2.40

14.06

Fujikura Composites 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															8.44	14.06	89.61	194.15	206.97

Competitive Comparison of Fujikura Composites's Cash-to-Debt

For the Auto Parts subindustry, Fujikura Composites'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.

Fujikura Composites's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fujikura Composites's Cash-to-Debt distribution charts can be found below:

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

Fujikura Composites 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.

Fujikura Composites'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)
	=	7228.636	/	(82.964	+	431.346)
	=	14.06

Fujikura Composites'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)
	=	9312.224	/	(43.546	+	1.447)
	=	206.97

Fujikura Composites (TSE:5121) 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.

Fujikura Composites Cash-to-Debt Related Terms

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

Fujikura Composites (TSE:5121) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fujikura Composites Inc (TSE:5121) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

TOC Ariake East Tower, 10th Floor, 3-5-7 Ariake, Koto-ku, Tokyo, JPN, 135-0063

Website

http://www.fujikuracomposites.jp

Fujikura Composites Inc is engaged in the manufacturing and sales of rubber components for industrial applications, electronics, sporting goods, and control equipment. It manufactures and sells industrial rubber components; industrial materials, such as pneumatic controllers, anti-vibration mounts, and peripherals; electrical and electronic equipment; printing materials; rescue and life-saving equipment; and carbon shafts for golf clubs.

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