Invincible Investment (TSE:8963) Cash-to-Debt : 0.08 (As of Jun. 2023)

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What is Invincible Investment 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. Invincible Investment's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.08.

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, Invincible Investment couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

TSE:8963' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.21
Current: 0.08

During the past 13 years, Invincible Investment's highest Cash to Debt Ratio was 0.21. The lowest was 0.02. And the median was 0.06.

TSE:8963's Cash-to-Debt is ranked worse than
50.19% of 801 companies
in the REITs industry
Industry Median: 0.09 vs TSE:8963: 0.08

Invincible Investment Cash-to-Debt Historical Data

The historical data trend for Invincible Investment'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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Invincible Investment Cash-to-Debt Chart

Invincible Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.07

0.08

0.05

0.07

N/A

Invincible Investment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.05	0.06	0.07	0.08	N/A

Competitive Comparison of Invincible Investment's Cash-to-Debt

For the REIT - Hotel & Motel subindustry, Invincible Investment'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.

Invincible Investment's Cash-to-Debt Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Invincible Investment's Cash-to-Debt distribution charts can be found below:

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

Invincible Investment 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.

Invincible Investment's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	15553.174	/	(159920	+	80877)
	=	0.06

Invincible Investment's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	18377.03	/	(159592	+	79598)
	=	0.08

Invincible Investment (TSE:8963) 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.

Invincible Investment Cash-to-Debt Related Terms

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

Invincible Investment (TSE:8963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Invincible Investment Corp (TSE:8963) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Roppongi Hills Mori Tower 6-10-1 Roppongi, Minato-ku, Tokyo, JPN

Website

http://www.invincible-inv.co.jp

Invincible Investment Corp is a Japanese real estate investment trust. It aims to ensure steady asset growth and stable revenues from a medium-to-long-term perspective through investing in real estate properties. The company invests primarily in residential properties or hotels, or real estate assets and other assets backed by such residential properties or hotels and real estate-backed securities.

Invincible Investment (TSE:8963) Headlines

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