Janus Henderson Group (Janus Henderson Group) Cash-to-Debt : 4.93 (As of Dec. 2023)

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What is Janus Henderson 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. Janus Henderson Group's cash to debt ratio for the quarter that ended in Dec. 2023 was 4.93.

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, Janus Henderson Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

JHG' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.29 Med: 4.14 Max: No Debt
Current: 4.93

During the past 13 years, Janus Henderson Group's highest Cash to Debt Ratio was No Debt. The lowest was 2.29. And the median was 4.14.

JHG's Cash-to-Debt is ranked worse than
50.61% of 1474 companies
in the Asset Management industry
Industry Median: 5.66 vs JHG: 4.93

Janus Henderson Group Cash-to-Debt Historical Data

The historical data trend for Janus Henderson 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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Janus Henderson Group Cash-to-Debt Chart

Janus Henderson Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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4.19

3.47

4.10

4.44

4.93

Janus Henderson Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															4.44	5.58	5.88	5.73	4.93

Competitive Comparison of Janus Henderson Group's Cash-to-Debt

For the Asset Management subindustry, Janus Henderson 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.

Janus Henderson Group's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Janus Henderson Group's Cash-to-Debt distribution charts can be found below:

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

Janus Henderson 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.

Janus Henderson Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	1884.7	/	(23.1	+	359.4)
	=	4.93

Janus Henderson Group's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	1884.7	/	(23.1	+	359.4)
	=	4.93

Janus Henderson Group (NYSE:JHG) 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.

Janus Henderson Group Cash-to-Debt Related Terms

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

Janus Henderson Group (Janus Henderson Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Janus Henderson Group PLC (NYSE:JHG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HDJA:Germany HDJA:Germany

Address

201 Bishopsgate, London, GBR, EC2M 3AE

Website

https://www.janushenderson.com

Janus Henderson Group provides investment management services to retail intermediary (54% of managed assets), self-directed (23%) and institutional (23%) clients. At the end of September, active equities (61%), fixed-income (21%), multi-asset (15%) and alternative (3%) investment platforms constituted the company's USD 308.3 billion in assets under management. Janus Henderson sources 59% of its managed assets from clients in North America, with customers from Europe, the Middle East, Africa, and Latin America (31%) and the Asia-Pacific region (10%) accounting for the remainder. Headquartered in London, JHG is dual-listed on the New York Stock Exchange and the Australian Securities Exchange.

Executives

Georgina Fogo	officer: Chief Risk Officer	201 BISHOPSGATE, LONDON X0 EC2M3AE
Joshua D. Frank	director	280 PARK AVE, 41ST FL, NEW YORK NY 10017
Leslie Seidman	director	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Brennan A. Hughes	officer: Chief Accounting Officer	151 DETROIT STREET, DENVER CO 80206
Anne Sheehan	director	THREE LIMITED PARKWAY, COLUMBUS OH 43230
Brian M Baldwin	director	280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
John M Cassaday	director	1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Alison A. Quirk	director	C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Ali Dibadj	director, officer: CEO	C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Trian Fund Management, L.p.	10 percent owner	280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Suzanne Cain	officer: Global Head of Distribution	201 BISHOPSGATE, LONDON X0 EC2M3AE
Glenn S Schafer	director	151 DETROIT STREET, DENVER CO 80206
Richard M Weil	director, officer: Chief Executive Officer	151 DETROIT STREET, DENVER CO 80206
Edward P Garden	director	223 SUNSET AVENUE, PALM BEACH FL 33480
Nelson Peltz	director	223 SUNSET AVENUE, PALM BEACH FL 33480