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Kawasaki Kisen Kaisha (TSE:9107) Cash-to-Debt : 1.02 (As of Dec. 2023)


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What is Kawasaki Kisen Kaisha 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. Kawasaki Kisen Kaisha's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.02.

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

TSE:9107' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.21   Med: 0.42   Max: 0.99
Current: 0.95

During the past 13 years, Kawasaki Kisen Kaisha's highest Cash to Debt Ratio was 0.99. The lowest was 0.21. And the median was 0.42.

TSE:9107's Cash-to-Debt is ranked better than
65.39% of 968 companies
in the Transportation industry
Industry Median: 0.485 vs TSE:9107: 0.95

Kawasaki Kisen Kaisha Cash-to-Debt Historical Data

The historical data trend for Kawasaki Kisen Kaisha'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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Kawasaki Kisen Kaisha Cash-to-Debt Chart

Kawasaki Kisen Kaisha Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.26 0.59 0.99 0.95

Kawasaki Kisen Kaisha 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 1.15 1.05 1.02 0.95

Competitive Comparison of Kawasaki Kisen Kaisha's Cash-to-Debt

For the Marine Shipping subindustry, Kawasaki Kisen Kaisha'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.


Kawasaki Kisen Kaisha's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kawasaki Kisen Kaisha's Cash-to-Debt distribution charts can be found below:

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



Kawasaki Kisen Kaisha 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.

Kawasaki Kisen Kaisha's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Kawasaki Kisen Kaisha'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.


Kawasaki Kisen Kaisha  (TSE:9107) 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.


Kawasaki Kisen Kaisha Cash-to-Debt Related Terms

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Kawasaki Kisen Kaisha (TSE:9107) Business Description

Traded in Other Exchanges
Address
Iino Building, 2-1-1, Uchisaiwaicho, Chiyoda-Ku, Tokyo, JPN, 100-8540
Kawasaki Kisen Kaisha Ltd is a transportation company domiciled in Japan. The company organizes itself into four segments: containership, bulk shipping, offshore energy E&P support and heavy lifter, and others. The containership segment, which generates the largest portion of revenue, transports shipping containers and provides logistics solutions. Bulk shipping, the next most significant segment, transports dry bulk, automobiles, liquefied natural gas, and oil. Containership and bulk shipping together generate the vast majority of revenue.

Kawasaki Kisen Kaisha (TSE:9107) Headlines

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