Laboro AI (TSE:5586) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Laboro AI 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. Laboro AI'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, Laboro AI 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 Laboro AI's Cash-to-Debt or its related term are showing as below:

TSE:5586' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.87 Med: 18.86 Max: No Debt
Current: 36.17

During the past 3 years, Laboro AI's highest Cash to Debt Ratio was No Debt. The lowest was 2.87. And the median was 18.86.

TSE:5586's Cash-to-Debt is ranked better than
79.71% of 2805 companies
in the Software industry
Industry Median: 2.57 vs TSE:5586: 36.17

Laboro AI Cash-to-Debt Historical Data

The historical data trend for Laboro AI'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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Laboro AI Cash-to-Debt Chart

Laboro AI Annual Data

Trend

Sep21

Sep22

Sep23

Cash-to-Debt

2.87

15.50

No Debt

Laboro AI Quarterly Data
	Sep21	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial			16.26	18.86	No Debt	No Debt	No Debt

Competitive Comparison of Laboro AI's Cash-to-Debt

For the Software - Infrastructure subindustry, Laboro AI'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.

Laboro AI's Cash-to-Debt Distribution in the Software Industry

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

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

Laboro AI 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.

Laboro AI's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Laboro AI had no debt ⁽¹⁾.

Laboro AI's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Laboro AI had no debt ⁽¹⁾.

Laboro AI (TSE:5586) 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.

Laboro AI Cash-to-Debt Related Terms

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

Laboro AI (TSE:5586) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Laboro AI Inc (TSE:5586) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8-11-1 Ginza, Chuo-ku, Tokyo, JPN, 104-0061

Website

https://laboro.ai

Laboro AI Inc is a Provider of developing business solutions using artificial intelligence technology intended to connect technology and business. The company also provides consulting services related to the utilization of artificial intelligence which includes planning, introduction, and execution support for AI utilization.

Laboro AI (TSE:5586) Headlines

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Laboro AI (TSE:5586) Cash-to-Debt : No Debt (1) (As of Mar. 2024)