Medipal Holdings (TSE:7459) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Medipal Holdings 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. Medipal Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Medipal Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

TSE:7459' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.77 Med: 5.21 Max: No Debt
Current: No Debt

During the past 13 years, Medipal Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 2.77. And the median was 5.21.

TSE:7459's Cash-to-Debt is ranked better than
98.97% of 97 companies
in the Medical Distribution industry
Industry Median: 0.88 vs TSE:7459: No Debt

Medipal Holdings Cash-to-Debt Historical Data

The historical data trend for Medipal Holdings'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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Medipal Holdings Cash-to-Debt Chart

Medipal Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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5.41

6.60

7.90

8.71

No Debt

Medipal Holdings 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															8.40	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Medipal Holdings's Cash-to-Debt

For the Medical Distribution subindustry, Medipal Holdings'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.

Medipal Holdings's Cash-to-Debt Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Medipal Holdings's Cash-to-Debt distribution charts can be found below:

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

Medipal Holdings 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.

Medipal Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Medipal Holdings had no debt ⁽¹⁾.

Medipal Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Medipal Holdings had no debt ⁽¹⁾.

Medipal Holdings (TSE:7459) 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.

Medipal Holdings Cash-to-Debt Related Terms

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

Medipal Holdings (TSE:7459) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Medipal Holdings Corp (TSE:7459) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MEPDF:USA MAHLY:USA 59Z:Germany

Address

2-7-15, Yaesu, Chuo-ku, Tokyo, JPN, 104-8461

Website

http://www.medipal.co.jp

Medipal Holdings Corp distributes pharmaceuticals and health and beauty products to medical institutions and retailers. The firm operates in three segments: prescription pharmaceutical wholesale; cosmetics, daily necessities, and OTC pharmaceutical wholesale; and animal health products wholesale. The prescription pharmaceutical business generates the majority of revenue and distributes products to hospitals, clinics, and pharmacies. The cosmetics, daily necessities, and OTC pharmaceutical businesses distribute products to drugstores, convenience stores, and supermarkets. The animal health segment conducts wholesale business for animal hospitals, farms, and agricultural cooperatives. Medipal Holdings generates the vast majority of its revenue in Japan.

Medipal Holdings (TSE:7459) Headlines

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Medipal Holdings (TSE:7459) Cash-to-Debt : No Debt (1) (As of Dec. 2023)