BroadBand Tower (TSE:3776) Cash-to-Debt : 1.69 (As of Dec. 2023)

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What is BroadBand Tower 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. BroadBand Tower's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.69.

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

TSE:3776' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.76 Med: 1.62 Max: 2.41
Current: 1.69

During the past 13 years, BroadBand Tower's highest Cash to Debt Ratio was 2.41. The lowest was 0.76. And the median was 1.62.

TSE:3776's Cash-to-Debt is ranked better than
73.9% of 387 companies
in the Telecommunication Services industry
Industry Median: 0.37 vs TSE:3776: 1.69

BroadBand Tower Cash-to-Debt Historical Data

The historical data trend for BroadBand Tower'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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BroadBand Tower Cash-to-Debt Chart

BroadBand Tower Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.76

0.95

1.10

1.55

1.69

BroadBand Tower 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															1.55	1.47	1.56	1.73	1.69

Competitive Comparison of BroadBand Tower's Cash-to-Debt

For the Telecom Services subindustry, BroadBand Tower'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.

BroadBand Tower's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, BroadBand Tower's Cash-to-Debt distribution charts can be found below:

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

BroadBand Tower 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.

BroadBand Tower's Cash to Debt Ratio for the fiscal year 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)
	=	6157.259	/	(1505.204	+	2135.562)
	=	1.69

BroadBand Tower'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)
	=	6157.259	/	(1505.204	+	2135.562)
	=	1.69

BroadBand Tower (TSE:3776) 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.

BroadBand Tower Cash-to-Debt Related Terms

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

BroadBand Tower (TSE:3776) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BroadBand Tower Inc (TSE:3776) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-2-6 Akasaka, Tokyo, JPN

Website

http://www.bbtower.co.jp

BroadBand Tower, Inc. is a Japan-based company engaged in the provision of internet services. The company offers various services such as portal and e-commerce sites, video distribution sites, and social media and others. It operates through two businesses namely computer platform and fashion industry platform. The computer platform business includes data center and cloud services, storage products, and the internet of things. Its fashion industry platform business provides electronic-commerce support services, apparel planning, manufacturing and marketing and television shopping support services.

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