JBAXY (Julius Baer Gruppe AG) Cash-to-Debt : 3.91 (As of Jun. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Julius Baer Gruppe AG 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. Julius Baer Gruppe AG's cash to debt ratio for the quarter that ended in Jun. 2024 was 3.91.

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, Julius Baer Gruppe AG could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

The historical rank and industry rank for Julius Baer Gruppe AG's Cash-to-Debt or its related term are showing as below:

JBAXY' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.63 Med: 12.2 Max: 20.59
Current: 3.91

During the past 13 years, Julius Baer Gruppe AG's highest Cash to Debt Ratio was 20.59. The lowest was 3.63. And the median was 12.20.

JBAXY's Cash-to-Debt is ranked worse than
51.54% of 1459 companies
in the Asset Management industry
Industry Median: 5.53 vs JBAXY: 3.91

Julius Baer Gruppe AG Cash-to-Debt Historical Data

The historical data trend for Julius Baer Gruppe AG'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.

* Premium members only.

Julius Baer Gruppe AG Cash-to-Debt Chart

Julius Baer Gruppe AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

7.94

12.60

8.58

5.37

3.63

Julius Baer Gruppe AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															9.26	5.37	5.34	3.63	3.91

Competitive Comparison of Julius Baer Gruppe AG's Cash-to-Debt

For the Asset Management subindustry, Julius Baer Gruppe AG'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.

Julius Baer Gruppe AG's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Julius Baer Gruppe AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Julius Baer Gruppe AG's Cash-to-Debt falls into.

Julius Baer Gruppe AG Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Julius Baer Gruppe AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	15660.962	/	(0	+	4311.17)
	=	3.63

Julius Baer Gruppe AG's Cash to Debt Ratio for the quarter that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	15684.605	/	(0	+	4016.111)
	=	3.91

Julius Baer Gruppe AG (OTCPK:JBAXY) 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.

Julius Baer Gruppe AG Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Julius Baer Gruppe AG's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Julius Baer Gruppe AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Julius Baer Gruppe AG (OTCPK:JBAXY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

JBARF:USA BAERz:UK 0QO6:UK JGE1:Germany BAER:Switzerland

Address

Bahnhofstrasse 36, Zurich, CHE, 8010

Website

https://www.juliusbaer.com

Julius Baer was founded in 1890 and expanded significantly in 2005 when it acquired three Swiss private banks and Global Asset Management from its far larger Swiss rival, UBS. In 2009, Baer spun off GAM as a separately listed firm. The acquisition of Merrill Lynch's wealth management operations outside of the US in 2012 increased Baer's assets under management by 40% and increased its footprint outside of Europe. Julius Baer is currently the largest pure-play private bank globally Baer provides private banking services principally to individuals in Switzerland and Europe and increasingly in Asia and other emerging markets.