RORZE (TSE:6323) Cash-to-Debt : 1.00 (As of Nov. 2023)

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What is RORZE 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. RORZE's cash to debt ratio for the quarter that ended in Nov. 2023 was 1.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, RORZE couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2023.

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

TSE:6323' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.69 Med: 1.02 Max: 1.59
Current: 1.1

During the past 13 years, RORZE's highest Cash to Debt Ratio was 1.59. The lowest was 0.69. And the median was 1.02.

TSE:6323's Cash-to-Debt is ranked worse than
59.46% of 994 companies
in the Semiconductors industry
Industry Median: 1.765 vs TSE:6323: 1.10

RORZE Cash-to-Debt Historical Data

The historical data trend for RORZE'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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RORZE Cash-to-Debt Chart

RORZE Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash-to-Debt

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0.73

1.00

1.13

0.86

1.10

RORZE Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.86	0.81	0.86	1.00	1.10

Competitive Comparison of RORZE's Cash-to-Debt

For the Semiconductor Equipment & Materials subindustry, RORZE'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.

RORZE's Cash-to-Debt Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, RORZE's Cash-to-Debt distribution charts can be found below:

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

RORZE 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.

RORZE's Cash to Debt Ratio for the fiscal year that ended in Feb. 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)
	=	37951	/	(16339	+	18174)
	=	1.10

RORZE's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	36731	/	(16005	+	20898)
	=	1.00

RORZE (TSE:6323) 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.

RORZE Cash-to-Debt Related Terms

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RORZE (TSE:6323) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » RORZE Corp (TSE:6323) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1588-2 Michinoue, Kannabe-cho, Fukuyama-shi, Hiroshima, JPN

Website

http://www.rorze.com

RORZE Corp is engaged in development, design, manufacturing, and sales of automation system for semiconductor/FPD production. Its semiconductor automation product generates more revenue. It also has products like Atmospheric robot, vacuum water robot, Mask handling system, control device.

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