Aidma Marketing Communication (TSE:9466) Cash-to-Debt : 4.50 (As of Dec. 2023)

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What is Aidma Marketing Communication 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 Marketing Communication's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.50.

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 Marketing Communication 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 Aidma Marketing Communication's Cash-to-Debt or its related term are showing as below:

TSE:9466' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.48 Med: 4.58 Max: 56.82
Current: 4.5

During the past 9 years, Aidma Marketing Communication's highest Cash to Debt Ratio was 56.82. The lowest was 1.48. And the median was 4.58.

TSE:9466's Cash-to-Debt is ranked better than
66.99% of 1036 companies
in the Media - Diversified industry
Industry Median: 1.275 vs TSE:9466: 4.50

Aidma Marketing Communication Cash-to-Debt Historical Data

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

Aidma Marketing Communication Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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5.65

4.37

3.65

3.96

4.58

Aidma Marketing Communication Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															4.29	4.58	4.50	4.61	4.50

Competitive Comparison of Aidma Marketing Communication's Cash-to-Debt

For the Advertising Agencies subindustry, Aidma Marketing Communication'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 Marketing Communication's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Aidma Marketing Communication's Cash-to-Debt distribution charts can be found below:

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

Aidma Marketing Communication 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 Marketing Communication's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	2432.506	/	(408.148	+	122.86)
	=	4.58

Aidma Marketing Communication's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	2387.387	/	(412.894	+	117.823)
	=	4.50

Aidma Marketing Communication (TSE:9466) 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 Marketing Communication Cash-to-Debt Related Terms

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Aidma Marketing Communication (TSE:9466) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Aidma Marketing Communication Corp (TSE:9466) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Toyama Prefecture Toyoda-cho 1-chome No. 3 No. 31, Yubinbango, Toyama, JPN, 931-8313

Website

http://www.e-aidma.co.jp

Aidma Marketing Communication Corp provides retail support service centering on sales promotion business. It provides retail support services centered on the sales promotion business specializing in the distribution and retail area. Its solutions include promotion, marketing research planning, big data platform, and web solutions.

Aidma Marketing Communication (TSE:9466) Headlines

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