Bunka Shutter Co (TSE:5930) Cash-to-Debt : 2.09 (As of Dec. 2023)

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What is Bunka Shutter 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. Bunka Shutter Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.09.

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, Bunka Shutter Co 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 Bunka Shutter Co's Cash-to-Debt or its related term are showing as below:

TSE:5930' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.21 Med: 2.57 Max: 19.74
Current: 2.09

During the past 13 years, Bunka Shutter Co's highest Cash to Debt Ratio was 19.74. The lowest was 1.21. And the median was 2.57.

TSE:5930's Cash-to-Debt is ranked better than
70.93% of 1675 companies
in the Construction industry
Industry Median: 0.62 vs TSE:5930: 2.09

Bunka Shutter Co Cash-to-Debt Historical Data

The historical data trend for Bunka Shutter 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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Bunka Shutter Co Cash-to-Debt Chart

Bunka Shutter Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

1.51

1.58

2.33

2.31

2.02

Bunka Shutter Co 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															2.60	2.02	1.74	2.22	2.09

Competitive Comparison of Bunka Shutter Co's Cash-to-Debt

For the Building Products & Equipment subindustry, Bunka Shutter 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.

Bunka Shutter Co's Cash-to-Debt Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bunka Shutter Co's Cash-to-Debt distribution charts can be found below:

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

Bunka Shutter 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.

Bunka Shutter Co'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)
	=	31405	/	(12219	+	3302)
	=	2.02

Bunka Shutter Co'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)
	=	34421	/	(16459	+	13)
	=	2.09

Bunka Shutter Co (TSE:5930) 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.

Bunka Shutter Co Cash-to-Debt Related Terms

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Bunka Shutter Co (TSE:5930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bunka Shutter Co Ltd (TSE:5930) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nishikata 1-chome, 17-3, Bunkyo-ku, Tokyo, JPN, 113-8535

Website

http://www.bunka-s.co.jp

Bunka Shutter Co Ltd is a building materials company that manufactures and sells shutters and construction materials in five diversified business segments. Bunka Shutter is based in Japan and primarily produces products such as light shutters, heavy-duty shutters for large-scale commercial facilities, window shutters, and sliding doors. Its second segment, construction materials, produces exterior products. Bunka operates a service business and a separate reform business, both focused on repair and maintenance services, and a refurbishment business. Lastly, the "other" business segment consists of a water sealing business, solar power business, and travel agency services. The company produces most of its revenue in Japan.

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