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Juniper II (Juniper II) Cash-to-Debt : No Debt (1) (As of Jun. 2023)


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What is Juniper II 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. Juniper II's cash to debt ratio for the quarter that ended in Jun. 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, Juniper II could pay off its debt using the cash in hand for the quarter that ended in Jun. 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 Juniper II's Cash-to-Debt or its related term are showing as below:

JUN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.99   Med: No Debt   Max: No Debt
Current: No Debt

During the past 2 years, Juniper II's highest Cash to Debt Ratio was No Debt. The lowest was 0.99. And the median was No Debt.

JUN's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.37 vs JUN: No Debt

Juniper II Cash-to-Debt Historical Data

The historical data trend for Juniper II'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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Juniper II Cash-to-Debt Chart

Juniper II Annual Data
Trend Dec21 Dec22
Cash-to-Debt
No Debt No Debt

Juniper II Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Juniper II's Cash-to-Debt

For the Shell Companies subindustry, Juniper II'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.

Juniper II's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Juniper II's Cash-to-Debt distribution charts can be found below:

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


Juniper II 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.

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

Juniper II had no debt (1).

Juniper II's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Juniper II had no debt (1).

* 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.

Juniper II  (NYSE:JUN) 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.

Juniper II Cash-to-Debt Related Terms

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

Juniper II (Juniper II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Juniper II Corp (NYSE:JUN) » Definitions » Cash-to-Debt
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Traded in Other Exchanges
N/A
Address
3790 El Camino Real, Suite 818, Palo Alto, CA, USA, 94306
Website
https://www.juniperii.com
Juniper II Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Andrew C Teich director 3 HANSON DRIVE, MOULTONBOROUGH NH 03254
Roger Fradin director, 10 percent owner C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Mitchell Lawrence Jacobson director C/O JUNIPER INDUSTRIAL HOLDINGS, INC., 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Mark Stuart Levy director C/O JUNIPER INDUSTRIAL HOLDINGS, INC., 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Juniper Ii Management, Llc 10 percent owner 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Noah Kindler officer: See Remarks C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928
Murray Grainger director, officer: Chief Executive Officer C/O JUNIPER HOLDINGS, 14 FAIRMOUNT AVENUE, CHATHAM NJ 07928