Jefferies Financial Group (FRA:LN3) Cash-to-Debt : 0.60 (As of Nov. 2024)

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What is Jefferies Financial Group 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. Jefferies Financial Group's cash to debt ratio for the quarter that ended in Nov. 2024 was 0.60.

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, Jefferies Financial Group couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2024.

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

FRA:LN3' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.43 Med: 0.82 Max: 1.17
Current: 0.6

During the past 13 years, Jefferies Financial Group's highest Cash to Debt Ratio was 1.17. The lowest was 0.43. And the median was 0.82.

FRA:LN3's Cash-to-Debt is ranked worse than
74.24% of 788 companies
in the Capital Markets industry
Industry Median: 2.42 vs FRA:LN3: 0.60

Jefferies Financial Group Cash-to-Debt Historical Data

The historical data trend for Jefferies Financial Group'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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Jefferies Financial Group Cash-to-Debt Chart

Jefferies Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Cash-to-Debt

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0.46

0.94

0.71

0.53

0.60

Jefferies Financial Group Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Cash-to-Debt	Get a 7-Day Free Trial															0.53	0.42	0.54	0.49	0.60

Competitive Comparison of Jefferies Financial Group's Cash-to-Debt

For the Capital Markets subindustry, Jefferies Financial Group'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.

Jefferies Financial Group's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jefferies Financial Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Jefferies Financial Group's Cash-to-Debt falls into.

Jefferies Financial Group 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.

Jefferies Financial Group's Cash to Debt Ratio for the fiscal year that ended in Nov. 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)
	=	11448.516	/	(417.457	+	18765.669)
	=	0.60

Jefferies Financial Group's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	11448.516	/	(417.457	+	18765.669)
	=	0.60

Jefferies Financial Group (FRA:LN3) 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.

Jefferies Financial Group Cash-to-Debt Related Terms

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Jefferies Financial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jefferies Financial Group Inc (FRA:LN3) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

JEF:USA JEF:Mexico LN3:Germany J1EF34:Brazil

Address

520 Madison Avenue, New York, NY, USA, 10022

Website

https://www.jefferies.com

Jefferies Financial Group Inc is a full-service investment banking and capital markets firm. It has two reportable segments; Investment Banking and Capital Markets which is also the majority revenue generating segment, includes securities, commodities, corporate lending, futures and foreign exchange capital markets activities and its investment banking business, which provides underwriting and financial advisory services to clients across different sectors. The Asset Management reportable business segment provides alternative investment management services to investors in the U.S. and overseas and generates investment income from capital invested in and managed by it or its affiliated asset managers. Operates geographically in America, Europe and Middle East, Asia Pasific.

Jefferies Financial Group Headlines

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