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Jewett-Cameron Trading Co Ltd (NAS:JCTCF)
Cash to Debt Ratio
No Debt (As of Feb. 2014)

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash and cash equivalents divide by its debt. Jewett-Cameron Trading Co Ltd's cash to debt ratio for the quarter that ended in Feb. 2014 was No Debt.

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, Jewett-Cameron Trading Co Ltd could pay off its debt using the cash in hand for the quarter that ended in Feb. 2014.

JCTCF' s 10-Year Cash to Debt Range
Min: 0.02   Max: No Debt
Current: No Debt

During the past 13 years, Jewett-Cameron Trading Co Ltd's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.23.

JCTCF's Cash to Debtis ranked higher than
96% of the 376 Companies
in the Global Lumber & Wood Production industry.

( Industry Median: 0.35 vs. JCTCF: No Debt )

Definition

This is the ratio of a company's Cash and cash equivalents to its debt. The debt includes the Current Portion of Long-Term Debt and Long-Term Debt. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Jewett-Cameron Trading Co Ltd's Cash to Debt Ratio for the fiscal year that ended in Aug. 2013 is calculated as:

Jewett-Cameron Trading Co Ltd had no debt.

Jewett-Cameron Trading Co Ltd's Cash to Debt Ratio for the quarter that ended in Feb. 2014 is calculated as:

Jewett-Cameron Trading Co Ltd had no debt.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

Current Portion of Long-Term Debt, Long-Term Debt, Cash and Cash Equivalents (For Banks and Insurance Companies), Cash and Cash Equivalents


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Jewett-Cameron Trading Co Ltd Annual Data

Aug04Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13
cash2debt 0.040.140.070.102.48No DebtNo DebtNo DebtNo DebtNo Debt

Jewett-Cameron Trading Co Ltd Quarterly Data

Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14
cash2debt No DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo DebtNo Debt
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