Mani (TSE:7730) Cash-to-Debt : 470.82 (As of Feb. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Mani 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. Mani's cash to debt ratio for the quarter that ended in Feb. 2024 was 470.82.

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

TSE:7730' s Cash-to-Debt Range Over the Past 10 Years
Min: 147.62 Med: No Debt Max: No Debt
Current: 470.82

During the past 13 years, Mani's highest Cash to Debt Ratio was No Debt. The lowest was 147.62. And the median was No Debt.

TSE:7730's Cash-to-Debt is ranked better than
92.23% of 862 companies
in the Medical Devices & Instruments industry
Industry Median: 1.935 vs TSE:7730: 470.82

Mani Cash-to-Debt Historical Data

The historical data trend for Mani'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.

Mani Cash-to-Debt Chart

Mani Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

281.56

147.62

194.27

438.40

Mani Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															291.91	358.29	438.40	535.52	470.82

Competitive Comparison of Mani's Cash-to-Debt

For the Medical Instruments & Supplies subindustry, Mani'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.

Mani's Cash-to-Debt Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Mani's Cash-to-Debt distribution charts can be found below:

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

Mani 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.

Mani'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)
	=	25427	/	(41	+	17)
	=	438.40

Mani'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)
	=	23541	/	(29	+	21)
	=	470.82

Mani (TSE:7730) 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.

Mani Cash-to-Debt Related Terms

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

Mani (TSE:7730) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Mani Inc (TSE:7730) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8-3 Kogyodanchi, Tochigi, JPN

Website

http://www.mani.co.jp

Mani, Inc. manufactures medical devices and dental instruments. It sells products in four categories: surgical instruments, ophthalmic instruments, suture needles, and dental instruments. Mani's surgical products include instruments such as staplers, vessel knives, and bone saws. Its ophthalmic instruments include a range of knives used during eye surgery and ophthalmic sutures. Mani's suture needles business includes a variety of taper point and cutting eyeless needles, which require suture attachment and sterilization by the customer, as well as stainless-steel eyed needles. The firm's dental instruments include endodontic instruments and accessories, root canal equipment, and finishing and polishing instruments.

Mani (TSE:7730) Headlines

No Headlines