SG Holdings Co (TSE:9143) Cash-to-Debt : 1.45 (As of Dec. 2023)

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What is SG Holdings Co 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. SG Holdings Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.45.

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

TSE:9143' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.42 Med: 0.61 Max: 1.83
Current: 1.45

During the past 8 years, SG Holdings Co's highest Cash to Debt Ratio was 1.83. The lowest was 0.42. And the median was 0.61.

TSE:9143's Cash-to-Debt is ranked better than
73.71% of 966 companies
in the Transportation industry
Industry Median: 0.49 vs TSE:9143: 1.45

SG Holdings Co Cash-to-Debt Historical Data

The historical data trend for SG 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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SG Holdings Co Cash-to-Debt Chart

SG Holdings Co Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.77

0.52

0.56

0.65

1.83

SG 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	Get a 7-Day Free Trial															1.49	1.83	1.66	1.57	1.45

Competitive Comparison of SG Holdings Co's Cash-to-Debt

For the Integrated Freight & Logistics subindustry, SG 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.

SG Holdings Co's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SG Holdings Co's Cash-to-Debt distribution charts can be found below:

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

SG 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.

SG 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)
	=	178249	/	(39747	+	57490)
	=	1.83

SG 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)
	=	119215	/	(30296	+	51979)
	=	1.45

SG Holdings Co (TSE:9143) 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.

SG Holdings Co Cash-to-Debt Related Terms

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SG Holdings Co (TSE:9143) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SG Holdings Co Ltd (TSE:9143) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

SGHHF:USA

Address

68 Tsunoda-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8104

Website

http://www.sg-hldgs.co.jp

SG Holdings Co Ltd along with its subsidiaries provides logistics oriented one-stop solutions. The company is also engaged in Real estate to make effective use of real estate and facilities infrastructure centering on logistics, Automobile business in order to manufacture eco-specification vehicles, Human resource business to improve operations and improve service quality by sorting work at delivery bases, and it is also engaged in other business such as finance, IT, and human resource development.

SG Holdings Co (TSE:9143) Headlines

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