JMPLY (Johnson Matthey) Cash-to-Debt : 0.48 (As of Sep. 2024)

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What is Johnson Matthey 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. Johnson Matthey's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.48.

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, Johnson Matthey 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 Johnson Matthey's Cash-to-Debt or its related term are showing as below:

JMPLY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.33 Max: 0.55
Current: 0.48

During the past 13 years, Johnson Matthey's highest Cash to Debt Ratio was 0.55. The lowest was 0.06. And the median was 0.33.

JMPLY's Cash-to-Debt is ranked worse than
57.46% of 1549 companies
in the Chemicals industry
Industry Median: 0.69 vs JMPLY: 0.48

Johnson Matthey Cash-to-Debt Historical Data

The historical data trend for Johnson Matthey'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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Johnson Matthey Cash-to-Debt Chart

Johnson Matthey Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.21

0.42

0.31

0.39

0.36

Johnson Matthey Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.33	0.39	0.36	0.36	0.48

Competitive Comparison of Johnson Matthey's Cash-to-Debt

For the Specialty Chemicals subindustry, Johnson Matthey'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.

Johnson Matthey's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Johnson Matthey's Cash-to-Debt distribution charts can be found below:

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

Johnson Matthey 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.

Johnson Matthey's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	688.691	/	(165.184	+	1728.081)
	=	0.36

Johnson Matthey's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	886.243	/	(366.402	+	1490.741)
	=	0.48

Johnson Matthey (OTCPK:JMPLY) 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.

Johnson Matthey Cash-to-Debt Related Terms

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Johnson Matthey Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Johnson Matthey PLC (OTCPK:JMPLY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

JMPLF:USA JMATl:UK JMAT:UK JMT2:Germany JMT2:Germany

Address

25 Farringdon Street, 5th Floor, London, GBR, EC4A 4AB

Website

https://www.matthey.com

Johnson Matthey PLC is engaged in the production of emissions catalysts for automobiles and trucks. The company also manufactures industrial catalysts for the chemicals and oil and gas sectors and a variety of other industrial products derived from platinum-group metals. Its segments include Clean Air, PGM Services, Catalyst Technologies, Hydrogen Technologies, and Value Businesses. The company generates maximum revenue from the PGM Services segment. Geographically, the company derives key revenue from the United Kingdom and the rest from the United States of America, Germany, China, and other countries.