Jack Creek Investment (Jack Creek Investment) Cash-to-Debt : 0.09 (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Jack Creek Investment 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. Jack Creek Investment's cash to debt ratio for the quarter that ended in Sep. 2022 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, Jack Creek Investment couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

(1) 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.

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

JCIC's Cash-to-Debt is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 5.37
* Ranked among companies with meaningful Cash-to-Debt only.

Jack Creek Investment Cash-to-Debt Historical Data

The historical data trend for Jack Creek Investment'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.

Jack Creek Investment Cash-to-Debt Chart

Jack Creek Investment Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

No Debt

Jack Creek Investment Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	0.88	0.31	0.09

Competitive Comparison of Jack Creek Investment's Cash-to-Debt

For the Shell Companies subindustry, Jack Creek Investment'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.

Jack Creek Investment's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Jack Creek Investment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Jack Creek Investment's Cash-to-Debt falls into.

Jack Creek Investment 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.

Jack Creek Investment's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Jack Creek Investment had no debt ⁽¹⁾.

Jack Creek Investment's Cash to Debt Ratio for the quarter that ended in Sep. 2022 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)
	=	0.052	/	(0.589	+	0)
	=	0.09

Jack Creek Investment (NAS:JCIC) 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.

Jack Creek Investment Cash-to-Debt Related Terms

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

Jack Creek Investment (Jack Creek Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jack Creek Investment Corp (NAS:JCIC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

386 Park Avenue South, Floor 20, New York, NY, USA, 10016

Website

Jack Creek Investment Corp is a blank check company.

Executives

Richard A Noll	director	1000 EAST HANES MILL ROAD, C/O HANESBRANDS INC., WINSTON SALEM NC 27105
Samir Kaul	director	C/O KHOSLA VENTURES, 2128 SAND HILL ROAD, MENLO PARK CA 94025
Jeffrey E Kelter	director	C/O JACK CREEK INVESTMENT CORP., 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Savage Robert F Jr	officer: Chief Executive Officer
James H Clark	officer: Chief Technology Officer	C/O MYCFO INC, PO BOX 10196, PALO ALTO CA 94303
Jcic Sponsor Llc	director, 10 percent owner, officer: See Remarks	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Lauren D Ores	officer: Chief Financial Officer	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Heather Hartnett	director	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Thomas Jermoluk	director	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Ksh Capital Lp	other: Manager	386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016