U-Next Holdings Co (TSE:9418) Cash-to-Debt : 0.82 (As of Feb. 2024)

View and export this data going back to 2014. Start your Free Trial

What is U-Next 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. U-Next Holdings Co's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.82.

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, U-Next Holdings Co couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

TSE:9418' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.33 Max: 6.85
Current: 0.82

During the past 10 years, U-Next Holdings Co's highest Cash to Debt Ratio was 6.85. The lowest was 0.12. And the median was 0.33.

TSE:9418's Cash-to-Debt is ranked better than
63.03% of 522 companies
in the Conglomerates industry
Industry Median: 0.48 vs TSE:9418: 0.82

U-Next Holdings Co Cash-to-Debt Historical Data

The historical data trend for U-Next 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.

* Premium members only.

U-Next Holdings Co Cash-to-Debt Chart

U-Next Holdings Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Aug19

Aug20

Aug21

Aug22

Aug23

Cash-to-Debt

Get a 7-Day Free Trial

0.28

0.24

0.33

0.43

0.79

U-Next Holdings Co 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															0.32	0.40	0.79	0.80	0.82

Competitive Comparison of U-Next Holdings Co's Cash-to-Debt

For the Conglomerates subindustry, U-Next 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.

U-Next Holdings Co's Cash-to-Debt Distribution in the Conglomerates Industry

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

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

U-Next 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.

U-Next Holdings Co's Cash to Debt Ratio for the fiscal year that ended in Aug. 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)
	=	52132	/	(5009	+	60970)
	=	0.79

U-Next Holdings Co's Cash to Debt Ratio for the quarter 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)
	=	52818	/	(5233	+	59470)
	=	0.82

U-Next Holdings Co (TSE:9418) 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.

U-Next Holdings Co Cash-to-Debt Related Terms

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

U-Next Holdings Co (TSE:9418) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » U-Next Holdings Co Ltd (TSE:9418) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1, Shin-Osaki 3-chome, Meguro Central Square, Shinagawa-ku, Tokyo, JPN, 141-0021

Website

https://usen-next.co.jp

Usen-Next Holdings Co Ltd engages in the provision of digital content and mobile communication services. The firm's business line includes U-NEXT business, Content platform business, Mobile communication business, Fixed-line telecommunications business for multi-family housing, and BPO Business. Its content platform business engages in planning, developing, operating, and marketing U-NEXT, a video distribution service; and the provision of application development and infrastructure distribution services. The company also provides multi-MVNO cheap SIM, and cheap smartphone services; offers fixed-line telecommunications and optical Internet services; and operates contact centers.

U-Next Holdings Co (TSE:9418) Headlines

No Headlines