Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
James Hardie IndustriesASX:JHX +0.09%68 Cash Ratio is 0.26 as of Jun. 2026, which is 13% above its 10-year median of 0.23. GuruFocus rates ASX:JHX with a GF Score™ of 68/100. The stock has 9 warning signs investors should review. Among 385 Building Materials companies, James Hardie Industries ranks worse than 57.4% on this metric.
James Hardie Industries has a Cash Ratio of 0.26. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for James Hardie Industries's Cash Ratio or its related term are showing as below:
ASX:JHX'
s Cash Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.23 Max: 0.79
Current: 0.26
During the past 13 years, James Hardie Industries's highest Cash Ratio was 0.79. The lowest was 0.13. And the median was 0.23.
ASX:JHX's Cash Ratio is ranked worse than 57.4% of 385
companies
in the Building Materials industry
Industry Median: 0.3
vs ASX:JHX: 0.26
James Hardie Industries (ASX:JHX) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
James Hardie Industries Cash Ratio Related Terms
James Hardie Industries Cash Ratio Historical Data
* 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.
For the Building Materials subindustry, James Hardie Industries's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.
James Hardie Industries Cash Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, James Hardie Industries's Cash Ratio distribution charts can be found below:
* The bar in red indicates where James Hardie Industries's Cash Ratio falls into.
* 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.
James Hardie Industries (ASX:JHX) has a Cash Ratio of 0.26 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on James Hardie Industries and its competitors. This is 13% above median its historical median of 0.23. Over the past decade, James Hardie Industries' Cash Ratio has ranged from 0.13 to 0.79. According to the industry distribution chart, James Hardie Industries ranks #221 out of 385 companies in the Building Materials industry, placing it in the top 57.4%.
Is James Hardie Industries' Cash Ratio too high?
James Hardie Industries' current Cash Ratio of 0.26 is 13% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.79. The Building Materials industry median Cash Ratio is 0.30. James Hardie Industries' value of 0.26 is 13.3% below this industry median. Based on the distribution chart, James Hardie Industries ranks #221 out of 385 companies in the Building Materials industry, which is below the industry midpoint. Overall, James Hardie Industries has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does James Hardie Industries' Cash Ratio compare to EXP and KNF?
According to the Building Materials industry distribution chart, James Hardie Industries ranks #221 out of 385 companies for Cash Ratio. This places James Hardie Industries in the lower half of its industry. The industry median Cash Ratio is 0.30. James Hardie Industries' value of 0.26 is 13.3% below this benchmark. Historically, James Hardie Industries' own Cash Ratio has ranged from 0.13 to 0.79 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.30, James Hardie Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Building Materials company?
The median Cash Ratio among Building Materials companies is 0.30, based on 385 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. James Hardie Industries's current Cash Ratio of 0.26 is 13.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on James Hardie Industries and its competitors. For the Building Materials industry, the median Cash Ratio is 0.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. James Hardie Industries's current Cash Ratio is 0.26, which is 13% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is James Hardie Industries stock overvalued right now?
James Hardie Industries (ASX:JHX) has a current Cash Ratio of 0.26. The current Cash Ratio is 0.26, which is 13% above median its 10-year median of 0.23 and 13.3% below the Building Materials industry median of 0.30. James Hardie Industries' overall GF Score™ is 68/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For James Hardie Industries (ASX:JHX), the current Cash Ratio is 0.26 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
James Hardie is a manufacturer of fiber cement-based building products, selling primarily to the residential construction industry. North America is the primary geography, generating about 80% of group earnings. Here, it is the largest manufacturer of fiber cement, which is mainly used for exterior siding on houses. Following the Azek acquisition in 2025, it also produces wooden composite decking materials, siding trims, and accessories for outdoor areas including stair and deck railing. Businesses in Australia, New Zealand, and Europe, make up the rest of earnings.
68GF Score
Get the complete analysis for ASX:JHX
Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:JHX has been successfully added to your 
