JZXN (Jiuzi Holdings) Cash-to-Debt : No Debt ⁽¹⁾ (As of Oct. 2024)

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What is Jiuzi Holdings 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. Jiuzi Holdings's cash to debt ratio for the quarter that ended in Oct. 2024 was No Debt ⁽¹⁾.

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, Jiuzi Holdings could pay off its debt using the cash in hand for the quarter that ended in Oct. 2024.

(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 Jiuzi Holdings's Cash-to-Debt or its related term are showing as below:

JZXN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.8 Med: No Debt Max: No Debt
Current: 2.77

During the past 7 years, Jiuzi Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.80. And the median was No Debt.

JZXN's Cash-to-Debt is ranked better than
76.55% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.56 vs JZXN: 2.77

Jiuzi Holdings Cash-to-Debt Historical Data

The historical data trend for Jiuzi Holdings'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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Jiuzi Holdings Cash-to-Debt Chart

Jiuzi Holdings Annual Data

Trend

Oct18

Oct19

Oct20

Apr21

Oct22

Oct23

Oct24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.80

No Debt

Jiuzi Holdings Semi-Annual Data
	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Cash-to-Debt	Get a 7-Day Free Trial								0.80	0.72	No Debt	0.93	No Debt

Competitive Comparison of Jiuzi Holdings's Cash-to-Debt

For the Auto & Truck Dealerships subindustry, Jiuzi Holdings'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.

Jiuzi Holdings's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiuzi Holdings's Cash-to-Debt distribution charts can be found below:

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

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Jiuzi Holdings 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.

Jiuzi Holdings's Cash to Debt Ratio for the fiscal year that ended in Oct. 2024 is calculated as:

Jiuzi Holdings had no debt ⁽¹⁾.

Jiuzi Holdings's Cash to Debt Ratio for the quarter that ended in Oct. 2024 is calculated as:

Jiuzi Holdings had no debt ⁽¹⁾.

Jiuzi Holdings (NAS:JZXN) 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.

Jiuzi Holdings Cash-to-Debt Related Terms

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Jiuzi Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiuzi Holdings Inc (NAS:JZXN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168 Qianjiang Nongchang Gengwen Road, 15th Floor, Economic and Technological Development Zone, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 310000

Website

http://m.zjjzxny.cn

Jiuzi Holdings Inc operates as a franchise under the brand name Jiuzi. It sells new energy vehicles in third-fourth tier cities in China. The firm also sells plug-in electric vehicles on demand from vehicle buyers. Its operating segments are propretaey product; and resale of sourced Equipment and accessories from third party products. The company generates a majority of its revenue from the propretaey product segment. Geographically, the firm operates in China.