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Kokusai Electric (TSE:6525) Cash-to-Debt : 0.90 (As of Dec. 2023)


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What is Kokusai Electric 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. Kokusai Electric's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.90.

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

TSE:6525' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.88   Med: 0.91   Max: 1.07
Current: 0.9

During the past 2 years, Kokusai Electric's highest Cash to Debt Ratio was 1.07. The lowest was 0.88. And the median was 0.91.

TSE:6525's Cash-to-Debt is ranked worse than
63.78% of 994 companies
in the Semiconductors industry
Industry Median: 1.765 vs TSE:6525: 0.90

Kokusai Electric Cash-to-Debt Historical Data

The historical data trend for Kokusai Electric'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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Kokusai Electric Cash-to-Debt Chart

Kokusai Electric Annual Data
Trend Mar22 Mar23
Cash-to-Debt
0.88 1.07

Kokusai Electric Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial N/A 1.07 0.95 0.91 0.90

Competitive Comparison of Kokusai Electric's Cash-to-Debt

For the Semiconductor Equipment & Materials subindustry, Kokusai Electric'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.


Kokusai Electric's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Kokusai Electric's Cash-to-Debt distribution charts can be found below:

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



Kokusai Electric 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.

Kokusai Electric's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Kokusai Electric's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

* 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.


Kokusai Electric  (TSE:6525) 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.


Kokusai Electric Cash-to-Debt Related Terms

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


Kokusai Electric (TSE:6525) Business Description

Traded in Other Exchanges
Address
3-4 Kanda Kaji-cho, 5th floor, oak Kanda Kajicho Building, Chiyoda-ku, Tokyo, JPN, 101-0045
Kokusai Electric Corp is engaged in the development, manufacturing, sales, and installation of semiconductor manufacturing equipment, and services such as maintenance, repair, and parts sales of said equipment.

Kokusai Electric (TSE:6525) Headlines

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