Jupiter Fund Management has a Cash Ratio of 1.77. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Jupiter Fund Management's Cash Ratio or its related term are showing as below:
LSE:JUP'
s Cash Ratio Range Over the Past 10 Years
Min: 1.26 Med: 1.56 Max: 1.82
Current: 1.77
During the past 13 years, Jupiter Fund Management's highest Cash Ratio was 1.82. The lowest was 1.26. And the median was 1.56.
LSE:JUP's Cash Ratio is ranked better than 51.53% of 654
companies
in the Asset Management industry
Industry Median: 1.58
vs LSE:JUP: 1.77
Jupiter Fund Management 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.
Competitive Comparison of Jupiter Fund Management's Cash Ratio
For the Asset Management subindustry, Jupiter Fund Management'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.
Jupiter Fund Management's Cash Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Jupiter Fund Management's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Jupiter Fund Management's Cash Ratio falls into.
Jupiter Fund Management Cash Ratio Calculation
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
Jupiter Fund Management's Cash Ratio for the fiscal year that ended in Dec. 2024 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.
Jupiter Fund Management (LSE:JUP) 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.
Jupiter Fund Management Cash Ratio Related Terms
Thank you for viewing the detailed overview of Jupiter Fund Management's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Jupiter Fund Management PLC is a provider of mutual funds with operations mostly in the United Kingdom. Jupiter also distributes its products through financial centers in Europe and Asia, either in house or through agency relationships. The group has increasingly focused on offering high-performance, outcome-oriented active strategies to drive organic growth. The company measures performance by monitoring its percentage of assets under management above the median over three years. The Group operates principally in the United Kingdom with international operating subsidiaries in Ireland, Hong Kong, Singapore, the United States, Switzerland and Luxembourg, which has branches across Europe.
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