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JBDI (JBDI Holdings) Cash-to-Debt : 0.09 (As of May. 2024)


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What is JBDI Holdings 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. JBDI Holdings's cash to debt ratio for the quarter that ended in May. 2024 was 0.09.

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, JBDI Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in May. 2024.

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

JBDI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09   Med: 0.25   Max: 0.38
Current: 0.09

During the past 4 years, JBDI Holdings's highest Cash to Debt Ratio was 0.38. The lowest was 0.09. And the median was 0.25.

JBDI's Cash-to-Debt is ranked worse than
82.45% of 1111 companies
in the Retail - Cyclical industry
Industry Median: 0.43 vs JBDI: 0.09

JBDI Holdings Cash-to-Debt Historical Data

The historical data trend for JBDI Holdings'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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JBDI Holdings Cash-to-Debt Chart

JBDI Holdings Annual Data
Trend May21 May22 May23 May24
Cash-to-Debt
0.38 0.29 0.21 0.09

JBDI Holdings Semi-Annual Data
May21 Nov21 May22 Nov22 May23 Nov23 May24
Cash-to-Debt Get a 7-Day Free Trial 0.29 0.25 0.21 0.06 0.09

Competitive Comparison of JBDI Holdings's Cash-to-Debt

For the Specialty Retail subindustry, JBDI Holdings'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.

JBDI Holdings's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, JBDI Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where JBDI Holdings's Cash-to-Debt falls into.


JBDI Holdings 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.

JBDI Holdings's Cash to Debt Ratio for the fiscal year that ended in May. 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)
=0.19 / (0.962 + 1.064)
=0.09

JBDI Holdings's Cash to Debt Ratio for the quarter that ended in May. 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)
=0.19 / (0.962 + 1.064)
=0.09

* 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.

JBDI Holdings  (NAS:JBDI) 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.

JBDI Holdings Cash-to-Debt Related Terms

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JBDI Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » JBDI Holdings Ltd (NAS:JBDI) » Definitions » Cash-to-Debt
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Traded in Other Exchanges
N/A
Address
34 Gul Crescent, Singapore, SGP, 629538
Website
https://www.barrels.com.sg
JBDI Holdings Ltd is a supplier of Reconditioned and new Containers in Singapore. Its products include Reconditioned and new steel drums, plastic drums, carboys and IBCs.