Jordanian Duty Free Shops (AMM:JDFS) Cash-to-Debt : 1.05 (As of Mar. 2024)

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What is Jordanian Duty Free Shops 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. Jordanian Duty Free Shops's cash to debt ratio for the quarter that ended in Mar. 2024 was 1.05.

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, Jordanian Duty Free Shops could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Jordanian Duty Free Shops's Cash-to-Debt or its related term are showing as below:

AMM:JDFS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.87 Med: No Debt Max: No Debt
Current: 1.05

During the past 13 years, Jordanian Duty Free Shops's highest Cash to Debt Ratio was No Debt. The lowest was 0.87. And the median was No Debt.

AMM:JDFS's Cash-to-Debt is ranked better than
66.43% of 1111 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs AMM:JDFS: 1.05

Jordanian Duty Free Shops Cash-to-Debt Historical Data

The historical data trend for Jordanian Duty Free Shops'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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Jordanian Duty Free Shops Cash-to-Debt Chart

Jordanian Duty Free Shops Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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6.95

2.12

3.42

1.16

0.87

Jordanian Duty Free Shops Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															-	-	3.74	0.87	1.05

Competitive Comparison of Jordanian Duty Free Shops's Cash-to-Debt

For the Specialty Retail subindustry, Jordanian Duty Free Shops'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.

Jordanian Duty Free Shops's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jordanian Duty Free Shops's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Jordanian Duty Free Shops's Cash-to-Debt falls into.

Jordanian Duty Free Shops 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.

Jordanian Duty Free Shops'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)
	=	18.271	/	(0.9	+	20.116)
	=	0.87

Jordanian Duty Free Shops's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	22.302	/	(0.911	+	20.25)
	=	1.05

Jordanian Duty Free Shops (AMM:JDFS) 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.

Jordanian Duty Free Shops Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Jordanian Duty Free Shops's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Jordanian Duty Free Shops (AMM:JDFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jordanian Duty Free Shops (AMM:JDFS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jabal Amman - Tunis Street, P.O.Box 941601, Amman, JOR, 11194

Website

https://www.jdfshops.com

Jordanian Duty Free Shops is engaged in the business of establishing, operating, managing, and investing in duty-free shops on border crossings. The company's range of products includes Fragrances, Cosmetics, Accessories, Confectionary, Liquors, Cigarettes, and Tobacco.

Jordanian Duty Free Shops (AMM:JDFS) Headlines

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