DeNA Co (TSE:2432) Cash-to-Debt : 1.73 (As of Dec. 2023)

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What is DeNA 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. DeNA Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.73.

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, DeNA Co 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 DeNA Co's Cash-to-Debt or its related term are showing as below:

TSE:2432' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.73 Med: No Debt Max: No Debt
Current: 1.73

During the past 13 years, DeNA Co's highest Cash to Debt Ratio was No Debt. The lowest was 1.73. And the median was No Debt.

TSE:2432's Cash-to-Debt is ranked worse than
64.29% of 588 companies
in the Interactive Media industry
Industry Median: 4.635 vs TSE:2432: 1.73

DeNA Co Cash-to-Debt Historical Data

The historical data trend for DeNA 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.

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DeNA Co Cash-to-Debt Chart

DeNA Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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No Debt

5.91

3.62

2.78

2.17

DeNA Co 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															2.30	2.17	2.05	1.95	1.73

Competitive Comparison of DeNA Co's Cash-to-Debt

For the Electronic Gaming & Multimedia subindustry, DeNA 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.

DeNA Co's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, DeNA Co's Cash-to-Debt distribution charts can be found below:

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

DeNA 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.

DeNA Co'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)
	=	98009	/	(4180	+	40977)
	=	2.17

DeNA Co'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)
	=	76643	/	(4686	+	39659)
	=	1.73

DeNA Co (TSE:2432) 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.

DeNA Co Cash-to-Debt Related Terms

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DeNA Co (TSE:2432) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DeNA Co Ltd (TSE:2432) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DNACF:USA D2N:Germany

Address

Shibuya Hikarie, 2-21-1 Shibuya, Shibuya-ku, Tokyo, JPN, 150-8510

Website

https://dena.com

DeNA Co Ltd is primarily a social media service provider in Japan. It generates the major portion of its revenue by providing social media and Internet marketing related services through its Social Media segment. The E-commerce segment offers E-Commerce related services, including the operation of auction shopping and cellular phone websites under the names DeNA shopping and Mobaoku respectively. The Others segment is engaged in travel agency and insurance agency services, and professional baseball related business. The Company has its primary market in North America.

DeNA Co (TSE:2432) Headlines

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