Toyota Tsusho (TSE:8015) Cash-to-Debt : 0.50 (As of Mar. 2024)

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What is Toyota Tsusho 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. Toyota Tsusho's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.50.

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, Toyota Tsusho couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

TSE:8015' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.28 Med: 0.39 Max: 0.5
Current: 0.5

During the past 13 years, Toyota Tsusho's highest Cash to Debt Ratio was 0.50. The lowest was 0.28. And the median was 0.39.

TSE:8015's Cash-to-Debt is ranked better than
51.63% of 523 companies
in the Conglomerates industry
Industry Median: 0.48 vs TSE:8015: 0.50

Toyota Tsusho Cash-to-Debt Historical Data

The historical data trend for Toyota Tsusho'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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Toyota Tsusho Cash-to-Debt Chart

Toyota Tsusho Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

Get a 7-Day Free Trial

0.42

0.50

0.44

0.50

Toyota Tsusho 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															0.44	0.44	0.43	0.46	0.50

Competitive Comparison of Toyota Tsusho's Cash-to-Debt

For the Conglomerates subindustry, Toyota Tsusho'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.

Toyota Tsusho's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Toyota Tsusho's Cash-to-Debt distribution charts can be found below:

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

Toyota Tsusho 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.

Toyota Tsusho'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)
	=	987096	/	(626510	+	1361558)
	=	0.50

Toyota Tsusho's Cash to Debt Ratio for the quarter 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)
	=	987096	/	(626510	+	1361558)
	=	0.50

Toyota Tsusho (TSE:8015) 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.

Toyota Tsusho Cash-to-Debt Related Terms

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

Toyota Tsusho (TSE:8015) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Toyota Tsusho Corp (TSE:8015) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TYHOF:USA 9TO:Germany

Address

9-8, Meieki 4-chome, Nakamura-ku, Nagoya, JPN, 450-8575

Website

http://www.toyota-tsusho.com

Toyota Tsusho Corporation is a trading company. The company has six major divisions. The Metal division processes and distributes various steel products, and others. Global Parts and Logistics division is engaged in warehousing and logistics services and others. Automobile division is engaged in automobile parts selling, used vehicles and parts exporting/importing, and others. Machinery, Energy and Plant Project division provides mechanical equipment, various industrial machineries, petroleum products and others. Chemical and Electronics division provides semiconductors, electronic devices, software, chemicals, resins and others. Food and Customer Services division manufactures and sells apparel, food and others. Asian market accounts for majority of the company's sales.

Toyota Tsusho (TSE:8015) Headlines

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