Jamaica Broilers Group (XJAM:JBG) Cash-to-Debt : 0.07 (As of Oct. 2023)

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What is Jamaica Broilers Group 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. Jamaica Broilers Group's cash to debt ratio for the quarter that ended in Oct. 2023 was 0.07.

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, Jamaica Broilers Group couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

XJAM:JBG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.26 Max: 0.39
Current: 0.07

During the past 13 years, Jamaica Broilers Group's highest Cash to Debt Ratio was 0.39. The lowest was 0.07. And the median was 0.26.

XJAM:JBG's Cash-to-Debt is ranked worse than
84.2% of 1874 companies
in the Consumer Packaged Goods industry
Industry Median: 0.51 vs XJAM:JBG: 0.07

Jamaica Broilers Group Cash-to-Debt Historical Data

The historical data trend for Jamaica Broilers Group'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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Jamaica Broilers Group Cash-to-Debt Chart

Jamaica Broilers Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash-to-Debt

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0.35

0.34

0.17

0.14

Jamaica Broilers Group Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial															0.15	0.13	0.14	0.08	0.07

Competitive Comparison of Jamaica Broilers Group's Cash-to-Debt

For the Farm Products subindustry, Jamaica Broilers Group'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.

Jamaica Broilers Group's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jamaica Broilers Group's Cash-to-Debt distribution charts can be found below:

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

Jamaica Broilers Group 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.

Jamaica Broilers Group's Cash to Debt Ratio for the fiscal year that ended in Apr. 2023 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)
	=	4829.436	/	(18714.729	+	16370.966)
	=	0.14

Jamaica Broilers Group's Cash to Debt Ratio for the quarter that ended in Oct. 2023 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)
	=	2434.637	/	(21091.046	+	15374.404)
	=	0.07

Jamaica Broilers Group (XJAM:JBG) 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.

Jamaica Broilers Group Cash-to-Debt Related Terms

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

Jamaica Broilers Group (XJAM:JBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jamaica Broilers Group Ltd (XJAM:JBG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Content, McCook’s Pen, Saint Catherine, JAM

Website

https://www.jamaicabroilersgroup.com

Jamaica Broilers Group Ltd is a Jamaica-based company engaged in the production and distribution of poultry products, animal feeds, and agricultural items. Its segments consist of Jamaica operations, US operations, Haiti operations, and Other Caribbean operations. The company's brands include Reggae Jammin, The Best Dressed Chicken, Hamilton's Smokehouse, Le Chic Poulet, Hi-Pro, International Poultry Breeders, Wincorp International, and Jamaica Egg Services. The majority of the revenue is derived from its Jamaica operations.

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