Berger Paints Jamaica (XJAM:BRG) Cash-to-Debt : 0.57 (As of Dec. 2008)

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What is Berger Paints Jamaica 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. Berger Paints Jamaica's cash to debt ratio for the quarter that ended in Dec. 2008 was 0.57.

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, Berger Paints Jamaica couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2008.

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

XJAM:BRG's Cash-to-Debt is not ranked ^*
in the Chemicals industry.
Industry Median: 0.74
* Ranked among companies with meaningful Cash-to-Debt only.

Berger Paints Jamaica Cash-to-Debt Historical Data

The historical data trend for Berger Paints Jamaica'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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Berger Paints Jamaica Cash-to-Debt Chart

Berger Paints Jamaica Annual Data

Trend

Dec08

Cash-to-Debt

0.57

Berger Paints Jamaica Semi-Annual Data
	Dec08
Cash-to-Debt	0.57

Competitive Comparison of Berger Paints Jamaica's Cash-to-Debt

For the Specialty Chemicals subindustry, Berger Paints Jamaica'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.

Berger Paints Jamaica's Cash-to-Debt Distribution in the Chemicals Industry

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

* The bar in red indicates where Berger Paints Jamaica's Cash-to-Debt falls into.

Berger Paints Jamaica 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.

Berger Paints Jamaica's Cash to Debt Ratio for the fiscal year that ended in Dec. 2008 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)
	=	26.591	/	(46.791	+	0)
	=	0.57

Berger Paints Jamaica's Cash to Debt Ratio for the quarter that ended in Dec. 2008 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)
	=	26.591	/	(46.791	+	0)
	=	0.57

Berger Paints Jamaica (XJAM:BRG) 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.

Berger Paints Jamaica Cash-to-Debt Related Terms

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Berger Paints Jamaica (XJAM:BRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Berger Paints Jamaica Ltd (XJAM:BRG) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

256 Spanish Town Road, P O Box 8, Kingston, JAM, 11

Website

https://www.bergerpaintscaribbean.com

Berger Paints Jamaica Ltd is engaged in the manufacturing and distribution of paint and paint related products. The company's products and services include consumer service, protective coatings, marine paints and architectural and wood finishes. It offers paints, primers, textures, wood finishes, and light industrial finishes. It serves homes and institutions. The group has a strong presence in five regions of the world, including Middle East, South Asia, South East Asia, South Pacific, and the Caribbean, through its five corporate brands - Berger International, Asian Paints, SCIB Paints, Apco Coatings, Taubmans, and Kadisco.