Salada Foods Jamaica (XJAM:SALF) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Salada Foods 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. Salada Foods Jamaica's cash to debt ratio for the quarter that ended in Sep. 2023 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, Salada Foods Jamaica could pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

XJAM:SALF' s Cash-to-Debt Range Over the Past 10 Years
Min: 9.33 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Salada Foods Jamaica's highest Cash to Debt Ratio was No Debt. The lowest was 9.33. And the median was No Debt.

XJAM:SALF's Cash-to-Debt is ranked better than
99.84% of 1852 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs XJAM:SALF: No Debt

Salada Foods Jamaica Cash-to-Debt Historical Data

The historical data trend for Salada Foods 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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Salada Foods Jamaica Cash-to-Debt Chart

Salada Foods Jamaica Annual Data

Trend

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Sep23

Cash-to-Debt

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No Debt

Salada Foods Jamaica Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Salada Foods Jamaica's Cash-to-Debt

For the Packaged Foods subindustry, Salada Foods 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.

Salada Foods Jamaica's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

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

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

Salada Foods 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.

Salada Foods Jamaica's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Salada Foods Jamaica had no debt ⁽¹⁾.

Salada Foods Jamaica's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Salada Foods Jamaica had no debt ⁽¹⁾.

Salada Foods Jamaica (XJAM:SALF) 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.

Salada Foods Jamaica Cash-to-Debt Related Terms

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Salada Foods Jamaica (XJAM:SALF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Salada Foods Jamaica Ltd (XJAM:SALF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Bell Road, P.O. Box 71, Kingston, JAM, 11

Website

https://www.saladafoodsja.com

Salada Foods Jamaica Ltd is engaged in the manufacture and sale of instant coffee and roasted and ground coffee beans and other consumer products. Its products include Jamaica Mountain Peak an Instant Coffee prepared from freshly roasted and ground Arabica Beans from which the solubles are extracted and spray-driedIt has two geographic segments Local and Export, and the majority of the revenue comes from the Local.

Salada Foods Jamaica (XJAM:SALF) Headlines

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Salada Foods Jamaica (XJAM:SALF) Cash-to-Debt : No Debt (1) (As of Sep. 2023)