SKY Perfect JSAT Holdings (TSE:9412) Cash-to-Debt : 1.74 (As of Mar. 2024)

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What is SKY Perfect JSAT 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. SKY Perfect JSAT Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.74.

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, SKY Perfect JSAT Holdings could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

TSE:9412' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.43 Med: 0.78 Max: 1.74
Current: 1.74

During the past 13 years, SKY Perfect JSAT Holdings's highest Cash to Debt Ratio was 1.74. The lowest was 0.43. And the median was 0.78.

TSE:9412's Cash-to-Debt is ranked better than
55.01% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.28 vs TSE:9412: 1.74

SKY Perfect JSAT Holdings Cash-to-Debt Historical Data

The historical data trend for SKY Perfect JSAT 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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SKY Perfect JSAT Holdings Cash-to-Debt Chart

SKY Perfect JSAT Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.43

0.81

1.01

1.47

1.74

SKY Perfect JSAT Holdings 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															1.47	1.42	1.57	1.56	1.74

Competitive Comparison of SKY Perfect JSAT Holdings's Cash-to-Debt

For the Broadcasting subindustry, SKY Perfect JSAT 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.

SKY Perfect JSAT Holdings's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, SKY Perfect JSAT Holdings's Cash-to-Debt distribution charts can be found below:

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

SKY Perfect JSAT 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.

SKY Perfect JSAT Holdings'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)
	=	114321	/	(10793	+	55016)
	=	1.74

SKY Perfect JSAT Holdings'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)
	=	114321	/	(10793	+	55016)
	=	1.74

SKY Perfect JSAT Holdings (TSE:9412) 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.

SKY Perfect JSAT Holdings Cash-to-Debt Related Terms

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SKY Perfect JSAT Holdings (TSE:9412) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » SKY Perfect JSAT Holdings Inc (TSE:9412) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

SKM:Germany

Address

1-8-1 Akasaka, Akasaka Intercity AIR, Minato-ku, Tokyo, JPN, 107-0052

Website

https://www.skyperfectjsat.space

SKY Perfect JSAT Holdings Inc Formerly SKY Perfect JSAT Corp is a Japan-based company engaged in providing broadcasting and communication services. It offers mobile satellite communication services, pay-per-view TV channel services and high-definition broadcasting services. The company consists of two operating divisions, which are Multichannel Pay TV Business and Space and Satellite Business. The Multichannel Pay TV Business offers platform services such as customer management activities to broadcasting businesses and delivers broadcasting services. Space and Satellite Business offers communication satellite circuits to the broadcasting businesses and satellite communication services, such as data communication and mobile communication, to the government, public entities and corporations.

SKY Perfect JSAT Holdings (TSE:9412) Headlines

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