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JBT (John Bean Technologies) Cash-to-Debt : 0.82 (As of Sep. 2024)


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What is John Bean Technologies 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. John Bean Technologies's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.82.

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, John Bean Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

JBT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 0.82
Current: 0.82

During the past 13 years, John Bean Technologies's highest Cash to Debt Ratio was 0.82. The lowest was 0.05. And the median was 0.10.

JBT's Cash-to-Debt is ranked worse than
56.78% of 2994 companies
in the Industrial Products industry
Industry Median: 1.18 vs JBT: 0.82

John Bean Technologies Cash-to-Debt Historical Data

The historical data trend for John Bean Technologies'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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John Bean Technologies Cash-to-Debt Chart

John Bean Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.09 0.12 0.07 0.75

John Bean Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.75 0.74 0.73 0.82

Competitive Comparison of John Bean Technologies's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, John Bean Technologies'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.


John Bean Technologies's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, John Bean Technologies's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where John Bean Technologies's Cash-to-Debt falls into.



John Bean Technologies 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.

John Bean Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

John Bean Technologies's Cash to Debt Ratio for the quarter that ended in Sep. 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.


John Bean Technologies  (NYSE:JBT) 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.


John Bean Technologies Cash-to-Debt Related Terms

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


John Bean Technologies Business Description

Traded in Other Exchanges
Address
70 West Madison Street, Suite 4400, Chicago, IL, USA, 60602
John Bean Technologies Corp is a food tech business that provides both customized and turnkey industrial solutions for the food and beverage industry, including a large variety of protein processing and packaging solutions, as well as fruit and juice extraction and ready-to-eat solutions.
Executives
Caroline Maury Devine director ATLANTIC COAST AIRLINES INC, 45200 BUSINESS COURT, DULLES VA 20166
Polly B Kawalek director 1600 ROYAL STREET, JASPER IN 47549
Brian A Deck officer: VP & CFO 70 WEST MADISON SUITE 4400, JOHN BEAN TECHNOLOGIES CORPORATION, CHICAGO IL 60602
Luiz Augusto Rizzolo officer: EVP & President of DF&H 70 WEST MADISON STREET, SUITE 4400, CHICAGO IL 60602
Jack Martin officer: EVP & CSC Officer 70 WEST MADISON STREET, SUITE 4400, CHICAGO IL 60602
Charles L. Harrington director 5875 TRINITY PKWY #300, CENTREVILLE VA 20120
James M Ringler director 2211 H.H. DOW WAY, MIDLAND MI 48674
Carlos Fernandez officer: EVP & President, Liquid Foods 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
James L Marvin officer: VP, Gen Counsel, and Secretary 70 WEST MADISON SUITE 4400, JOHN BEAN TECHNOLOGIES CORPORATION, CHICAGO IL 60602
Robert James Petrie officer: EVP & President, Protein 70 WEST MADISON STREET, SUITE 4400, CHICAGO IL 60602
Shelley Rae Bridarolli officer: EVP, Human Resources 70 WEST MADISON STREET, SUITE 4400, CHICAGO IL 60602
Paul Sternlieb officer: EVP & President, Protein 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
David C Burdakin officer: Vice President 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Kristina L Paschall officer: EVP, CIO & CDO 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Matthew J Meister officer: Interim CFO 70 WEST MADISON SUITE 4400, CHICAGO IL 60602