MAYS (J. W. Mays) Cash-to-Debt : 0.08 (As of Oct. 2024)

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What is J. W. Mays 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. J. W. Mays's cash to debt ratio for the quarter that ended in Oct. 2024 was 0.08.

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, J. W. Mays couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2024.

The historical rank and industry rank for J. W. Mays's Cash-to-Debt or its related term are showing as below:

MAYS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.5 Max: 1.55
Current: 0.04

During the past 13 years, J. W. Mays's highest Cash to Debt Ratio was 1.55. The lowest was 0.04. And the median was 0.50.

MAYS's Cash-to-Debt is ranked worse than
84.48% of 1772 companies
in the Real Estate industry
Industry Median: 0.25 vs MAYS: 0.04

J. W. Mays Cash-to-Debt Historical Data

The historical data trend for J. W. Mays'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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J. W. Mays Cash-to-Debt Chart

J. W. Mays Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Cash-to-Debt

Get a 7-Day Free Trial

0.18

0.15

0.12

0.11

0.04

J. W. Mays Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Cash-to-Debt	Get a 7-Day Free Trial															0.14	0.09	0.11	0.04	0.08

Competitive Comparison of J. W. Mays's Cash-to-Debt

For the Real Estate Services subindustry, J. W. Mays'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.

J. W. Mays's Cash-to-Debt Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, J. W. Mays's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where J. W. Mays's Cash-to-Debt falls into.

J. W. Mays 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.

J. W. Mays's Cash to Debt Ratio for the fiscal year that ended in Jul. 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)
	=	1.244	/	(0	+	29.184)
	=	0.04

J. W. Mays's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	2.316	/	(0	+	28.546)
	=	0.08

J. W. Mays (NAS:MAYS) 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.

J. W. Mays Cash-to-Debt Related Terms

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J. W. Mays Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » J. W. Mays Inc (NAS:MAYS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Bond Street, Brooklyn, NY, USA, 11201-5805

Website

https://www.jwmays.com

J. W. Mays Inc is a real estate company. It is engaged in the leasing of real estate and operates a number of commercial real estate properties in New York. The company leases its properties to retail, restaurant, commercial, and other tenants. Its properties are located in Brooklyn, Circleville, Fishkill, Jamaica, Levittown and Massapequa.

Executives

Gailoyd Enterprises Corp.	10 percent owner	961 ROUTE 52, CARMEL NY 10512
Steven Gurney-goldman	director	C/O SOL GOLDMAN INVESTMENTS, LLC, 1185 SIXTH AVENUE - 10TH FLOOR, NEW YORK NY 10036
Jane H Goldman	10 percent owner	ESTATE OF SOL GOLDMAN, 640 FIFTH ST THIRD FLOOR, NEW YORK NY 10019
Louisa Little	10 percent owner	ESTATE OF SOL GOLDMAN, 640 FIFTH AVE THIRD FLOOR, NEW YORK NY 10019
Allan H. Goldman	10 percent owner	640 FIFTH AVE, NEW YORK NY 10019
Lillian Goldman Marital Trust	10 percent owner	640 FIFTH AVE, NEW YORK NY 10019
Lloyd J Shulman	director, officer: Chairman, CEO, President	C/O J.W. MAYS, 9 BOND STREET, BROOKLYN NY 11201

J. W. Mays Headlines

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