Taiheiyo Cement (TSE:5233) Cash-to-Debt : 0.25 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Taiheiyo Cement 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. Taiheiyo Cement's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.25.

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, Taiheiyo Cement couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSE:5233' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.19 Max: 0.31
Current: 0.25

During the past 13 years, Taiheiyo Cement's highest Cash to Debt Ratio was 0.31. The lowest was 0.13. And the median was 0.19.

TSE:5233's Cash-to-Debt is ranked worse than
63.87% of 382 companies
in the Building Materials industry
Industry Median: 0.45 vs TSE:5233: 0.25

Taiheiyo Cement Cash-to-Debt Historical Data

The historical data trend for Taiheiyo Cement'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.

Taiheiyo Cement Cash-to-Debt Chart

Taiheiyo Cement Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.18

0.28

0.21

0.19

0.20

Taiheiyo Cement 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															0.19	0.19	0.21	0.25	0.20

Competitive Comparison of Taiheiyo Cement's Cash-to-Debt

For the Building Materials subindustry, Taiheiyo Cement'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.

Taiheiyo Cement's Cash-to-Debt Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiheiyo Cement's Cash-to-Debt distribution charts can be found below:

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

Taiheiyo Cement 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.

Taiheiyo Cement's Cash to Debt Ratio for the fiscal year 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)
	=	80101	/	(142915	+	252358)
	=	0.20

Taiheiyo Cement'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)
	=	98124	/	(168807	+	229450)
	=	0.25

Taiheiyo Cement (TSE:5233) 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.

Taiheiyo Cement Cash-to-Debt Related Terms

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

Taiheiyo Cement (TSE:5233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Taiheiyo Cement Corp (TSE:5233) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

THYCF:USA

Address

Daiba Garden City Building, 2-3-5, Daiba, Minato-ku, Tokyo, JPN, 104-8518

Website

http://www.taiheiyo-cement.co.jp

Taiheiyo Cement Corp manufactures and sells construction materials to the building, construction, and infrastructure industries. The company also generates biomass power. The firm organizes itself in six segments based on function and location: Cement, Mineral Resources, Environmental, Construction Materials, Ceramics, and Electronics. The Cement segment, which generates the majority of revenue, sells cement, ready-mix concrete. The Mineral Resources segment extracts and sells limestone and construction materials. The Environmental segment turns waste into power and cement and sells desulfurization products to coal power plants. The majority of revenue is generated in Asia and the United States.

Taiheiyo Cement (TSE:5233) Headlines

No Headlines