Aidma Holdings (TSE:7373) Cash-to-Debt : 9.17 (As of Feb. 2024)

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What is Aidma Holdings 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. Aidma Holdings's cash to debt ratio for the quarter that ended in Feb. 2024 was 9.17.

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, Aidma Holdings could pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

The historical rank and industry rank for Aidma Holdings's Cash-to-Debt or its related term are showing as below:

TSE:7373' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.48 Med: 9.04 Max: 13.38
Current: 9.17

During the past 5 years, Aidma Holdings's highest Cash to Debt Ratio was 13.38. The lowest was 2.48. And the median was 9.04.

TSE:7373's Cash-to-Debt is ranked better than
78.65% of 1040 companies
in the Business Services industry
Industry Median: 0.985 vs TSE:7373: 9.17

Aidma Holdings Cash-to-Debt Historical Data

The historical data trend for Aidma Holdings'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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Aidma Holdings Cash-to-Debt Chart

Aidma Holdings Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

7.72

2.48

9.71

11.82

9.04

Aidma Holdings Quarterly Data
	Aug19	Aug20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial										7.63	8.24	9.04	7.75	9.17

Competitive Comparison of Aidma Holdings's Cash-to-Debt

For the Specialty Business Services subindustry, Aidma Holdings'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.

Aidma Holdings's Cash-to-Debt Distribution in the Business Services Industry

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

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

Aidma Holdings 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.

Aidma Holdings's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	5655.68	/	(391.78	+	234.155)
	=	9.04

Aidma Holdings's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	5732.054	/	(414.092	+	210.947)
	=	9.17

Aidma Holdings (TSE:7373) 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.

Aidma Holdings Cash-to-Debt Related Terms

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Aidma Holdings (TSE:7373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aidma Holdings Inc (TSE:7373) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-25-5 Minamiikebukuro, Toshima-ku, Tokyo, JPN, 171-0022

Website

https://www.aidma-hd.jp

Aidma Holdings Inc is engaged in various business activities namely providing one-stop sales support that includes sales strategy, planning, execution, verification, and improvement proposals for corporations; Supporting for the design and operation of business flow utilizing cloud workers; Providing the support tool of utilizing cloud workers and support for the utilization and others.

Aidma Holdings (TSE:7373) Headlines

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