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JPMorgan Chase Cash-to-Debt

: 1.93 (As of Jun. 2022)
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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. JPMorgan Chase's cash to debt ratio for the quarter that ended in Jun. 2022 was 1.93.

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, JPMorgan Chase could pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

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

JPM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14   Med: 0.57   Max: 2.18
Current: 1.93

During the past 13 years, JPMorgan Chase's highest Cash to Debt Ratio was 2.18. The lowest was 0.14. And the median was 0.57.

JPM's Cash-to-Debt is ranked better than
51.16% of 1423 companies
in the Banks industry
Industry Median: 1.87 vs JPM: 1.93

JPMorgan Chase Cash-to-Debt Historical Data

The historical data trend for JPMorgan Chase'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.

* Premium members only.

JPMorgan Chase Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.28 0.79 0.79 1.61 2.09

JPMorgan Chase Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.01 2.18 2.09 2.15 1.93

Competitive Comparison

For the Banks - Diversified subindustry, JPMorgan Chase'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.

   

JPMorgan Chase Cash-to-Debt Distribution

For the Banks industry and Financial Services sector, JPMorgan Chase's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where JPMorgan Chase's Cash-to-Debt falls into.



JPMorgan Chase Cash-to-Debt Calculation

This is the ratio of a company's Cash and cash equivalents 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.

JPMorgan Chase's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

JPMorgan Chase's Cash to Debt Ratio for the quarter that ended in Jun. 2022 is calculated as:

* 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.


JPMorgan Chase  (NYSE:JPM) 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.


JPMorgan Chase Cash-to-Debt Related Terms

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


JPMorgan Chase Business Description

JPMorgan Chase logo
Address
383 Madison Avenue, New York, NY, USA, 10179
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with nearly $4 trillion in assets. It is organized into four major segments--consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates, and is subject to regulation, in multiple countries.
Executives
Barnum Jeremy officer: Chief Financial Officer 383 MADISON AVENUE NEW YORK NY 10179-0001
Korablina Elena A officer: Corporate Controller 383 MADISON AVENUE NEW YORK NY 10179-0001
Novakovic Phebe N director
Rometty Virginia M director IBM CORPORATION 294 ROUTE 100 SOMERS NY 10589
Piepszak Jennifer officer: Chief Financial Officer JPMORGAN CHASE & CO. 383 MADISON AVENUE NEW YORK NY 10179
Combs Todd A. director JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Hobson Mellody L director C/O TELLABS 1415 W DIEHL RD NAPERVILLE IL 60563
Leopold Robin officer: Head of Human Resources JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Scher Peter officer: Executive Vice President JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Beer Lori A officer: Chief Information Officer JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Giles Nicole officer: Corporate Controller JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Friedman Stacey officer: General Counsel JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017
Neal Michael A director
Bacon Ashley officer: Chief Risk Officer JPMORGAN CHASE & CO. 383 MADISON AVENUE NEW YORK NY 10179
Lake Marianne officer: Chief Financial Officer JPMORGAN CHASE & CO. 270 PARK AVENUE NEW YORK NY 10017

JPMorgan Chase Headlines

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