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Jones Energy (Jones Energy) Cash-to-Debt : 0.06 (As of Dec. 2018)


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What is Jones Energy 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. Jones Energy's cash to debt ratio for the quarter that ended in Dec. 2018 was 0.06.

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, Jones Energy couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2018.

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

JNEEQ.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.06
Current: 0.06

During the past 9 years, Jones Energy's highest Cash to Debt Ratio was 0.06. The lowest was 0.02. And the median was 0.03.

JNEEQ.PFD's Cash-to-Debt is not ranked
in the Oil & Gas industry.
Industry Median: 0.48 vs JNEEQ.PFD: 0.06

Jones Energy Cash-to-Debt Historical Data

The historical data trend for Jones Energy'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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Jones Energy Cash-to-Debt Chart

Jones Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only 0.02 0.03 0.05 0.03 0.06

Jones Energy Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.03 0.23 0.15 0.10 0.06

Competitive Comparison of Jones Energy's Cash-to-Debt

For the Oil & Gas E&P subindustry, Jones Energy'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.


Jones Energy's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jones Energy's Cash-to-Debt distribution charts can be found below:

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



Jones Energy 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.

Jones Energy's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 is calculated as:

Jones Energy's Cash to Debt Ratio for the quarter that ended in Dec. 2018 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.


Jones Energy  (OTCPK:JNEEQ.PFD) 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.


Jones Energy Cash-to-Debt Related Terms

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


Jones Energy (Jones Energy) Business Description

Traded in Other Exchanges
N/A
Address
807 Las Cimas Parkway, Suite 350, Austin, TX, USA, 78746
Jones Energy Inc is an oil and natural gas exploration, development and production company. It conducts its operations in the Anadarko basin. The company specializes in drillings horizontal well and has drilled over 930 total wells as operator, including nearly 760 horizontal wells since its formation. The firm recognizes its revenues from the sale of crude oil, natural gas, and natural gas liquids.
Executives
Louis Spencer Wells director 2935 PACIFIC AVENUE, SAN FRANCISCO CA 94115
Tara Lewis director 807 LAS CIMAS PARKWAY, SUITE 350, AUSTIN TX 78746
Kirk Goehring officer: Vice President of Strategy 807 LAS CIMAS PARKWAY, SUITE 350, AUSTIN TX 78746
Thomas Hester officer: VP of Finance and Secretary 807 LAS CIMAS PARKWAY, SUITE 350, AUSTIN TX 78746
Carl Fredrick Giesler officer: Chief Executive Officer 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
Loyd Paul B Jr director 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
Scott Mccarty director 301 COMMERCE STREET, SUITE 2975, FORT WORTH TX 76102
Renegade Swish, Llc director 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Q Global Advisors, Llc director 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Q Global Capital Management, L.p. director 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Geoffrey Raynor director 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Metalmark Capital Partners Ii Gp, L.p. director, 10 percent owner 1177 AVENUE OF THE AMERICAS, 40TH FLOOR, NEW YORK NY 10036
Metalmark Capital Ii Llc director, 10 percent owner 1177 AVENUE OF THE AMERICAS, 40TH FLOOR, NEW YORK NY 10036
Jeffrey Alan Tanner officer: Executive V. P. - Geosciences 807 LAS CIMAS PARKWAY, SUITE 350, AUSTIN TX 78746
Robb L. Voyles director 3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032