Recruit Holdings Co (TSE:6098) Cash-to-Debt

: 4.56 (As of Dec. 2023)

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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. Recruit Holdings Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.56.

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

TSE:6098' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.03 Med: 2.24 Max: 22.05
Current: 4.56

During the past 10 years, Recruit Holdings Co's highest Cash to Debt Ratio was 22.05. The lowest was 1.03. And the median was 2.24.

TSE:6098's Cash-to-Debt is ranked worse than
50.6% of 587 companies
in the Interactive Media industry
Industry Median: 4.59 vs TSE:6098: 4.56

Recruit Holdings Co Cash-to-Debt Historical Data

The historical data trend for Recruit Holdings 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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Recruit Holdings Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

2.65

1.13

1.21

2.47

3.47

Recruit Holdings 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																3.21	3.47	3.80	4.65	4.56

Competitive Comparison

For the Internet Content & Information subindustry, Recruit Holdings 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.

Recruit Holdings Co Cash-to-Debt Distribution

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

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

Recruit Holdings 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.

Recruit Holdings 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)
	=	883999	/	(75012	+	179942)
	=	3.47

Recruit Holdings 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)
	=	1050484	/	(61329	+	169219)
	=	4.56

Recruit Holdings Co (TSE:6098) 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.

Recruit Holdings Co Cash-to-Debt Related Terms

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Recruit Holdings Co (TSE:6098) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Recruit Holdings Co Ltd (TSE:6098) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RCRUY:USA RCRRF:USA 1RH:Germany

Address

1-9-2 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6640

Website

https://www.recruit-holdings.com

Recruit Holdings Co Ltd provides HR technology and business solutions that expand economic and personal opportunities for people everywhere. With key subsidiaries including Indeed, Glassdoor, and its worldwide staffing business, Recruit aims to simplify hiring through a two-sided talent marketplace that drives meaningful connections between job seekers and employers. The firm also operates a media and solutions business within Japan focused on helping businesses work smarter through online advertising services, job platforms and cloud-based SaaS solutions. With a presence in more than 60 countries, Recruit is committed to transformative sustainability practices that leverage its strength in employment to drive positive impact on society and the planet.

Recruit Holdings Co (TSE:6098) Headlines

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