Senshu Electric Co (TSE:9824) Cash-to-Debt : 29.64 (As of Jan. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Senshu Electric Co 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. Senshu Electric Co's cash to debt ratio for the quarter that ended in Jan. 2024 was 29.64.

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, Senshu Electric Co could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

TSE:9824' s Cash-to-Debt Range Over the Past 10 Years
Min: 26.85 Med: 50.48 Max: 207.43
Current: 29.64

During the past 13 years, Senshu Electric Co's highest Cash to Debt Ratio was 207.43. The lowest was 26.85. And the median was 50.48.

TSE:9824's Cash-to-Debt is ranked better than
86.44% of 2471 companies
in the Hardware industry
Industry Median: 1.35 vs TSE:9824: 29.64

Senshu Electric Co Cash-to-Debt Historical Data

The historical data trend for Senshu Electric Co'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.

Senshu Electric Co Cash-to-Debt Chart

Senshu Electric Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash-to-Debt

Get a 7-Day Free Trial

74.99

103.75

186.82

27.60

30.79

Senshu Electric Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															27.50	28.23	26.85	30.79	29.64

Competitive Comparison of Senshu Electric Co's Cash-to-Debt

For the Electronics & Computer Distribution subindustry, Senshu Electric Co'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.

Senshu Electric Co's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Senshu Electric Co's Cash-to-Debt distribution charts can be found below:

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

Senshu Electric Co 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.

Senshu Electric Co's Cash to Debt Ratio for the fiscal year that ended in Oct. 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)
	=	28543	/	(782	+	145)
	=	30.79

Senshu Electric Co's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	28606	/	(819	+	146)
	=	29.64

Senshu Electric Co (TSE:9824) 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.

Senshu Electric Co Cash-to-Debt Related Terms

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

Senshu Electric Co (TSE:9824) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Senshu Electric Co Ltd (TSE:9824) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-chome 4 no. 21, Minami- Kaneda, Suita-shi, Osaka, JPN, 564-0044

Website

http://www.senden.co.jp

Senshu Electric Co Ltd engages in the wholesale business of electric wires and other electrical equipment. Its products include wires and cables, electronic restraints, information-related equipment, tapes, conduits, heating units, fan motors, delay lines, air cleaners, telecommunication systems, air conditioning equipment, household electrical appliances, office equipment and others. It also provides installation services; real estate rental business; management and operation of power generation business; and other businesses related to the sale and purchase of electricity.

Senshu Electric Co (TSE:9824) Headlines

No Headlines