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J-Star Holding CoYMAT -0.76%16 Cash-to-Debt is 0.01 as of Dec. 2025, which is 96% below its 10-year median of 0.26. GuruFocus rates YMAT with a GF Score™ of 16/100. The stock has 8 warning signs investors should review. Among 1,587 Chemicals companies, J-Star Holding Co ranks worse than 98.17% on this metric.
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-Star Holding Co's cash to debt ratio for the quarter that ended in Dec. 2025 was 0.01.
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-Star Holding Cocouldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2025.
The historical rank and industry rank for J-Star Holding Co's Cash-to-Debt or its related term are showing as below:
YMAT'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.26 Max: 0.46
Current: 0.01
During the past 7 years, J-Star Holding Co's highest Cash to Debt Ratio was 0.46. The lowest was 0.01. And the median was 0.26.
YMAT's Cash-to-Debt is ranked worse than 98.17% of 1587
companies
in the Chemicals industry
Industry Median: 0.68
vs YMAT: 0.01
J-Star Holding Co (NAS:YMAT) 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-Star Holding Co Cash-to-Debt Related Terms
J-Star Holding Co Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for J-Star Holding Co'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.
For the Specialty Chemicals subindustry, J-Star Holding Co'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-Star Holding Co Cash-to-Debt vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, J-Star Holding Co's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where J-Star Holding Co's Cash-to-Debt falls into.
* 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.
J-Star Holding Co (YMAT) has a Cash-to-Debt of 0.01 as of Dec. 2025. This is 96% below median its historical median of 0.26. Over the past decade, J-Star Holding Co's Cash-to-Debt has ranged from 0.01 to 0.46. According to the industry distribution chart, J-Star Holding Co ranks #1558 out of 1587 companies in the Chemicals industry, placing it in the top 98.2%.
Is J-Star Holding Co's Cash-to-Debt too high?
J-Star Holding Co's current Cash-to-Debt of 0.01 is 96% below median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.46. The Chemicals industry median Cash-to-Debt is 0.68. J-Star Holding Co's value of 0.01 is 98.5% below this industry median. Based on the distribution chart, J-Star Holding Co ranks #1558 out of 1587 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, J-Star Holding Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does J-Star Holding Co's Cash-to-Debt compare to SNES and GLGI?
According to the Chemicals industry distribution chart, J-Star Holding Co ranks #1558 out of 1587 companies for Cash-to-Debt. This places J-Star Holding Co in the lower half of its industry. The industry median Cash-to-Debt is 0.68. J-Star Holding Co's value of 0.01 is 98.5% below this benchmark. Historically, J-Star Holding Co's own Cash-to-Debt has ranged from 0.01 to 0.46 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.68, J-Star Holding Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Chemicals company?
The median Cash-to-Debt among Chemicals companies is 0.68, based on 1,587 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. J-Star Holding Co's current Cash-to-Debt of 0.01 is 98.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median Cash-to-Debt is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J-Star Holding Co's current Cash-to-Debt is 0.01, which is 96% below median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J-Star Holding Co stock overvalued right now?
J-Star Holding Co (YMAT) has a current Cash-to-Debt of 0.01. The current Cash-to-Debt is 0.01, which is 96% below median its 10-year median of 0.26 and 98.5% below the Chemicals industry median of 0.68. J-Star Holding Co's overall GF Score™ is 16/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For J-Star Holding Co (YMAT), the current Cash-to-Debt is 0.01 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
J-Star Holding Co Ltd is engaged in the research, development, and manufacturing of carbon fiber for a wide variety-of-products including carbon bicycles, carbon rackets, automotive parts, outdoor sports gears, and healthcare products. The company has five segments: Bicycle frame, Racket, Crank, Service provision, and Others. The majority of its revenue is generated from the Bicycle frame segment. Geographically, the company operates in Taiwan, China, and other regions.
16GF Score
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