Jamaica Stock Exchange (XJAM:JSE) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2022)

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What is Jamaica Stock Exchange 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 Stock Exchange's cash to debt ratio for the quarter that ended in Dec. 2022 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, Jamaica Stock Exchange could pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

(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 Jamaica Stock Exchange's Cash-to-Debt or its related term are showing as below:

XJAM:JSE' 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, Jamaica Stock Exchange's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

XJAM:JSE's Cash-to-Debt is ranked better than
99.37% of 798 companies
in the Capital Markets industry
Industry Median: 2.22 vs XJAM:JSE: No Debt

Jamaica Stock Exchange Cash-to-Debt Historical Data

The historical data trend for Jamaica Stock Exchange'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 Stock Exchange Cash-to-Debt Chart

Jamaica Stock Exchange Annual Data

Trend

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Dec19

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Dec22

Cash-to-Debt

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No Debt

Jamaica Stock Exchange Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Cash-to-Debt	Get a 7-Day Free Trial									No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Jamaica Stock Exchange's Cash-to-Debt

For the Financial Data & Stock Exchanges subindustry, Jamaica Stock Exchange'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 Stock Exchange's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jamaica Stock Exchange's Cash-to-Debt distribution charts can be found below:

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

Jamaica Stock Exchange 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 Stock Exchange's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Jamaica Stock Exchange had no debt ⁽¹⁾.

Jamaica Stock Exchange's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

Jamaica Stock Exchange had no debt ⁽¹⁾.

Jamaica Stock Exchange (XJAM:JSE) 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 Stock Exchange Cash-to-Debt Related Terms

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

Jamaica Stock Exchange (XJAM:JSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jamaica Stock Exchange Ltd (XJAM:JSE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 Harbour Street, P.O. Box 1084, Kingston, JAM

Website

https://www.jamstockex.com

Jamaica Stock Exchange Ltd operates and regulates a stock exchange and develops a stock market in Jamaica. Through its subsidiary, the company is also establishing and maintaining a Central Securities Depository in Jamaica to facilitate the transfer of ownership of securities. Its operating segments are Exchange operations; JCSD services; Investments; and Trustee, custodian, company management, and other activities. It derives a portion of the revenue from the Exchange operations involving the Stock exchange's operation and regulation. Another critical revenue source is from JCSD services provided in connection with transferring and holding securities, shares, stocks, bonds, debentures, and registrar services. The group's operations are in Jamaica.

Jamaica Stock Exchange (XJAM:JSE) Headlines

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Jamaica Stock Exchange (XJAM:JSE) Cash-to-Debt : No Debt (1) (As of Dec. 2022)