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Jupiter Dividend & Growth Trust (LSE:JDTZ.PFD) Cash-to-Debt : No Debt (1) (As of Jun. 2017)


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What is Jupiter Dividend & Growth Trust 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. Jupiter Dividend & Growth Trust's cash to debt ratio for the quarter that ended in Jun. 2017 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, Jupiter Dividend & Growth Trust could pay off its debt using the cash in hand for the quarter that ended in Jun. 2017.

(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 Jupiter Dividend & Growth Trust's Cash-to-Debt or its related term are showing as below:

LSE:JDTZ.PFD' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt

During the past 13 years, Jupiter Dividend & Growth Trust's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LSE:JDTZ.PFD's Cash-to-Debt is not ranked
in the Asset Management industry.
Industry Median: 5.7 vs LSE:JDTZ.PFD: No Debt

Jupiter Dividend & Growth Trust Cash-to-Debt Historical Data

The historical data trend for Jupiter Dividend & Growth Trust'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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Jupiter Dividend & Growth Trust Cash-to-Debt Chart

Jupiter Dividend & Growth Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Jupiter Dividend & Growth Trust Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Jupiter Dividend & Growth Trust's Cash-to-Debt

For the Asset Management subindustry, Jupiter Dividend & Growth Trust'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.


Jupiter Dividend & Growth Trust's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Jupiter Dividend & Growth Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Jupiter Dividend & Growth Trust's Cash-to-Debt falls into.


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Jupiter Dividend & Growth Trust Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Jupiter Dividend & Growth Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2016 is calculated as:

Jupiter Dividend & Growth Trust had no debt (1).

Jupiter Dividend & Growth Trust's Cash to Debt Ratio for the quarter that ended in Jun. 2017 is calculated as:

Jupiter Dividend & Growth Trust had no debt (1).

* 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.


Jupiter Dividend & Growth Trust  (LSE:JDTZ.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.


Jupiter Dividend & Growth Trust Cash-to-Debt Related Terms

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Jupiter Dividend & Growth Trust Business Description

Traded in Other Exchanges
N/A
Address
Jupiter Dividend & Growth Trust PLC operates as an investment trust. The company's investment objective is to provide Ordinary Income and Common shareholders with a high and rising income together with the possibility of capital appreciation and to provide Zero Dividend Preference and Common shareholders with a predetermined level of capital growth. The Company's investment policy is to invest in a portfolio of UK listed equities, UK equity-related securities such as convertible securities, preference shares, convertible unsecured loan stock, warrants and other similar securities and UK fixed interest securities.

Jupiter Dividend & Growth Trust Headlines

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