CAREERLINK CO (TSE:6070) Cash-to-Debt : 12.12 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is CAREERLINK 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. CAREERLINK CO's cash to debt ratio for the quarter that ended in Dec. 2023 was 12.12.

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

TSE:6070' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.01 Med: 4.29 Max: 12.12
Current: 12.12

During the past 10 years, CAREERLINK CO's highest Cash to Debt Ratio was 12.12. The lowest was 2.01. And the median was 4.29.

TSE:6070's Cash-to-Debt is ranked better than
80.63% of 1048 companies
in the Business Services industry
Industry Median: 0.99 vs TSE:6070: 12.12

CAREERLINK CO Cash-to-Debt Historical Data

The historical data trend for CAREERLINK 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.

* Premium members only.

CAREERLINK CO Cash-to-Debt Chart

CAREERLINK CO Annual Data

Trend

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Cash-to-Debt

Get a 7-Day Free Trial

4.53

3.18

3.36

6.35

7.46

CAREERLINK CO Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															7.92	4.78	10.24	11.67	12.12

Competitive Comparison of CAREERLINK CO's Cash-to-Debt

For the Staffing & Employment Services subindustry, CAREERLINK 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.

CAREERLINK CO's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CAREERLINK CO's Cash-to-Debt distribution charts can be found below:

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

CAREERLINK 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.

CAREERLINK CO's Cash to Debt Ratio for the fiscal year that ended in Feb. 2021 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)
	=	6435.394	/	(352.447	+	509.987)
	=	7.46

CAREERLINK 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)
	=	10766.058	/	(395.072	+	492.982)
	=	12.12

CAREERLINK CO (TSE:6070) 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.

CAREERLINK CO Cash-to-Debt Related Terms

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

CAREERLINK CO (TSE:6070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CAREERLINK CO LTD (TSE:6070) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

33rd Floor, Shinjuku Mitsui Building, 2-1-1, Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0433

Website

http://www.careerlink.co.jp

CAREERLINK CO LTD provides human resources services in Japan. The company offers temporary staffing and outsourcing services for manufacturing and distribution companies. It supplies temporary workers for office work; helps companies with recruiting office workers; and performs outsourced tasks and provides other services. Its business comprises of BPO related business, CRM related business, General administrative business and Cleaning business of food processing, manufacturing processing buildings and hotels.

CAREERLINK CO (TSE:6070) Headlines

No Headlines