Jardine Cycle & Carriage (Jardine Cycle & Carriage) Cash-to-Debt : 0.38 (As of Dec. 2023)

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What is Jardine Cycle & Carriage 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. Jardine Cycle & Carriage's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.38.

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, Jardine Cycle & Carriage couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Jardine Cycle & Carriage's Cash-to-Debt or its related term are showing as below:

JCYGY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.23 Med: 0.41 Max: 0.69
Current: 0.38

During the past 13 years, Jardine Cycle & Carriage's highest Cash to Debt Ratio was 0.69. The lowest was 0.23. And the median was 0.41.

JCYGY's Cash-to-Debt is ranked worse than
55.75% of 522 companies
in the Conglomerates industry
Industry Median: 0.49 vs JCYGY: 0.38

Jardine Cycle & Carriage Cash-to-Debt Historical Data

The historical data trend for Jardine Cycle & Carriage'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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Jardine Cycle & Carriage Cash-to-Debt Chart

Jardine Cycle & Carriage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.23

0.49

0.69

0.66

0.38

Jardine Cycle & Carriage 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															0.69	0.75	0.66	0.57	0.38

Competitive Comparison of Jardine Cycle & Carriage's Cash-to-Debt

For the Conglomerates subindustry, Jardine Cycle & Carriage'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.

Jardine Cycle & Carriage's Cash-to-Debt Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Cycle & Carriage's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Jardine Cycle & Carriage's Cash-to-Debt falls into.

Jardine Cycle & Carriage 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.

Jardine Cycle & Carriage's Cash to Debt Ratio for the fiscal year 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)
	=	2837.5	/	(3487.7	+	4078)
	=	0.38

Jardine Cycle & Carriage'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)
	=	2837.5	/	(3487.7	+	4078)
	=	0.38

Jardine Cycle & Carriage (OTCPK:JCYGY) 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.

Jardine Cycle & Carriage Cash-to-Debt Related Terms

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

Jardine Cycle & Carriage (Jardine Cycle & Carriage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jardine Cycle & Carriage Ltd (OTCPK:JCYGY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

JCYCF:USA C07:Singapore CYC:Germany

Address

239 Alexandra Road, Singapore, SGP, 159930

Website

https://www.jcclgroup.com

Jardine Cycle & Carriage Ltd is a conglomerate focused on investments in the manufacture and distribution of motor vehicles in Southeast Asia. The company operates through three segments: Astra, direct motor interests, and other interests. The Astra segment includes the company's controlling interest in Astra International, an automotive group in Southeast Asia. Direct motor interests include automotive operations in Singapore, Malaysia, Myanmar, Indonesia, and Vietnam. The Other Strategic interests segment includes Southeast Asia investments in Siam City Cement and Refrigeration Electrical Engineering Corporation.

Jardine Cycle & Carriage (Jardine Cycle & Carriage) Headlines

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Third Avenue Comments on Jardine Cycle & Carriage

By Sydnee Gatewood Sydnee Gatewood • 04-22-2021