Takuma Co (TSE:6013) Cash-to-Debt : 232.17 (As of Dec. 2023)

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What is Takuma 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. Takuma Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 232.17.

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

TSE:6013' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.86 Med: 31.91 Max: 296.56
Current: 60.21

During the past 13 years, Takuma Co's highest Cash to Debt Ratio was 296.56. The lowest was 3.86. And the median was 31.91.

TSE:6013's Cash-to-Debt is ranked better than
91.78% of 3005 companies
in the Industrial Products industry
Industry Median: 1.18 vs TSE:6013: 60.21

Takuma Co Cash-to-Debt Historical Data

The historical data trend for Takuma 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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Takuma Co Cash-to-Debt Chart

Takuma Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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56.83

7.82

143.26

296.56

60.21

Takuma 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															296.56	346.46	305.70	232.17	60.21

Competitive Comparison of Takuma Co's Cash-to-Debt

For the Pollution & Treatment Controls subindustry, Takuma 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.

Takuma Co's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Takuma Co's Cash-to-Debt distribution charts can be found below:

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

Takuma 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.

Takuma Co'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)
	=	45337	/	(753	+	0)
	=	60.21

Takuma 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)
	=	51078	/	(220	+	0)
	=	232.17

Takuma Co (TSE:6013) 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.

Takuma Co Cash-to-Debt Related Terms

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Takuma Co (TSE:6013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Takuma Co Ltd (TSE:6013) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-33 Kinraku-cho, Amagasaki, Hyogo, JPN, 660-0806

Website

https://www.takuma.co.jp

Takuma Co Ltd develops a variety of technologies for waste and water treatment. It designs and constructs boilers, plant machinery, pollution-prevention plans, heating and cooling equipment, and sanitation equipment and facilities. Incinerators and recycling centers help sort, treat, and disperse resources in an efficient manner. The majority of customers are in Japan. The company works to provide solid waste treatment plants partnered with a selection of after-sales services and products. Takuma has four operating segments: domestic environment and energy, overseas environment and energy, package boiler, and equipment and system business. Cleaning systems, filters, and other equipment produce comfortable working conditions for customers.

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