John Bean Technologies (John Bean Technologies) Cash-to-Debt : 0.75 (As of Dec. 2023)

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What is John Bean Technologies 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. John Bean Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.75.

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, John Bean Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for John Bean Technologies's Cash-to-Debt or its related term are showing as below:

JBT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.1 Max: 0.75
Current: 0.75

During the past 13 years, John Bean Technologies's highest Cash to Debt Ratio was 0.75. The lowest was 0.06. And the median was 0.10.

JBT's Cash-to-Debt is ranked worse than
59.57% of 3000 companies
in the Industrial Products industry
Industry Median: 1.22 vs JBT: 0.75

John Bean Technologies Cash-to-Debt Historical Data

The historical data trend for John Bean Technologies'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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John Bean Technologies Cash-to-Debt Chart

John Bean Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.06

0.09

0.12

0.07

0.75

John Bean Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.07	0.05	0.05	0.82	0.75

Competitive Comparison of John Bean Technologies's Cash-to-Debt

For the Specialty Industrial Machinery subindustry, John Bean Technologies'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.

John Bean Technologies's Cash-to-Debt Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, John Bean Technologies's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where John Bean Technologies's Cash-to-Debt falls into.

John Bean Technologies 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.

John Bean Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	483.3	/	(0	+	646.4)
	=	0.75

John Bean Technologies's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	483.3	/	(0	+	646.4)
	=	0.75

John Bean Technologies (NYSE:JBT) 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.

John Bean Technologies Cash-to-Debt Related Terms

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John Bean Technologies (John Bean Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » John Bean Technologies Corp (NYSE:JBT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

JBT:Germany

Address

70 West Madison Street, Suite 4400, Chicago, IL, USA, 60602

Website

https://www.jbtc.com

John Bean Technologies spun out of FMC Technologies in August 2008. Over half of JBT's sales are made in the United States. Its FoodTech business provides both customized and turnkey industrial solutions for the food and beverage industry, including a large variety of protein processing and packaging solutions, as well as fruit and juice extraction and ready-to-eat solutions.

Executives

Caroline Maury Devine	director	ATLANTIC COAST AIRLINES INC, 45200 BUSINESS COURT, DULLES VA 20166
Polly B Kawalek	director	1600 ROYAL STREET, JASPER IN 47549
Brian A Deck	officer: VP & CFO	70 WEST MADISON SUITE 4400, JOHN BEAN TECHNOLOGIES CORPORATION, CHICAGO IL 60602
Luiz Augusto Rizzolo	officer: EVP & President of DF&H	70 WEST MADISON STREET, SUITE 4400, CHICAGO IL 60602
Jack Martin	officer: EVP & CSC Officer	70 WEST MADISON STREET, SUITE 4400, CHICAGO IL 60602
Charles L. Harrington	director	5875 TRINITY PKWY #300, CENTREVILLE VA 20120
James M Ringler	director	2211 H.H. DOW WAY, MIDLAND MI 48674
Carlos Fernandez	officer: EVP & President, Liquid Foods	70 WEST MADISON SUITE 4400, CHICAGO IL 60602
James L Marvin	officer: VP, Gen Counsel, and Secretary	70 WEST MADISON SUITE 4400, JOHN BEAN TECHNOLOGIES CORPORATION, CHICAGO IL 60602
Robert James Petrie	officer: EVP & President, Protein	70 WEST MADISON STREET, SUITE 4400, CHICAGO IL 60602
Shelley Rae Bridarolli	officer: EVP, Human Resources	70 WEST MADISON STREET, SUITE 4400, CHICAGO IL 60602
Paul Sternlieb	officer: EVP & President, Protein	70 WEST MADISON SUITE 4400, CHICAGO IL 60602
David C Burdakin	officer: Vice President	70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Kristina L Paschall	officer: EVP, CIO & CDO	70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Matthew J Meister	officer: Interim CFO	70 WEST MADISON SUITE 4400, CHICAGO IL 60602