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Jacksonville Bancorp (Jacksonville Bancorp) Cash-to-Debt : 2.18 (As of Mar. 2018)


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What is Jacksonville Bancorp 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. Jacksonville Bancorp's cash to debt ratio for the quarter that ended in Mar. 2018 was 2.18.

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, Jacksonville Bancorp could pay off its debt using the cash in hand for the quarter that ended in Mar. 2018.

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

JXSB's Cash-to-Debt is not ranked *
in the Banks industry.
Industry Median: 1.3
* Ranked among companies with meaningful Cash-to-Debt only.

Jacksonville Bancorp Cash-to-Debt Historical Data

The historical data trend for Jacksonville Bancorp'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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Jacksonville Bancorp Cash-to-Debt Chart

Jacksonville Bancorp Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.70 0.45 1.92 0.43

Jacksonville Bancorp Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.85 4.13 3.56 0.43 2.18

Competitive Comparison of Jacksonville Bancorp's Cash-to-Debt

For the Banks - Regional subindustry, Jacksonville Bancorp'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.


Jacksonville Bancorp's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jacksonville Bancorp's Cash-to-Debt distribution charts can be found below:

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



Jacksonville Bancorp Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Jacksonville Bancorp's Cash to Debt Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Jacksonville Bancorp's Cash to Debt Ratio for the quarter that ended in Mar. 2018 is calculated as:

* 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.


Jacksonville Bancorp  (NAS:JXSB) 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.


Jacksonville Bancorp Cash-to-Debt Related Terms

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Jacksonville Bancorp (Jacksonville Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Jacksonville Bancorp Inc is a bank holding company that provides various community banking services to businesses and individuals. The company is engaged primarily in the business of attracting retail deposits from the general public in its market area and using such funds, together with borrowings and funds from other sources, to originate mortgage loans secured by one- to four-family residential real estate, commercial and agricultural real estate and home equity loans. It offers a range of deposit accounts including interest-bearing checking accounts, noninterest-bearing checking accounts, savings accounts, money market accounts, term certificate accounts and individual retirement accounts.

Jacksonville Bancorp (Jacksonville Bancorp) Headlines