JPMorgan Indian Investment Trust (JPMorgan Indian Investment Trust) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Sep. 2023)

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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 Indian Investment Trust'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, JPMorgan Indian Investment Trust 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 JPMorgan Indian Investment Trust's Cash-to-Debt or its related term are showing as below:

JPIVF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, JPMorgan Indian Investment Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.03. And the median was No Debt.

JPIVF's Cash-to-Debt is ranked better than
99.93% of 1478 companies
in the Asset Management industry
Industry Median: 5.095 vs JPIVF: No Debt

JPMorgan Indian Investment Trust Cash-to-Debt Historical Data

The historical data trend for JPMorgan Indian Investment Trust'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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JPMorgan Indian Investment Trust Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

No Debt

0.93

No Debt

JPMorgan Indian Investment Trust Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt																No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Asset Management subindustry, JPMorgan Indian Investment Trust'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 Indian Investment Trust Cash-to-Debt Distribution

For the Asset Management industry and Financial Services sector, JPMorgan Indian Investment Trust's Cash-to-Debt distribution charts can be found below:

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

JPMorgan Indian Investment Trust Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet 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 Indian Investment Trust's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

JPMorgan Indian Investment Trust had no debt ⁽¹⁾.

JPMorgan Indian Investment Trust's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

JPMorgan Indian Investment Trust had no debt ⁽¹⁾.

JPMorgan Indian Investment Trust (OTCPK:JPIVF) 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 Indian Investment Trust Cash-to-Debt Related Terms

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JPMorgan Indian Investment Trust (JPMorgan Indian Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan Indian Investment Trust PLC (OTCPK:JPIVF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

JII:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

http://www.jpmindian.co.uk

JPMorgan Indian Investment Trust PLC is an investment trust which focuses purely on Indian companies, providing access to India's long-term growth potential through locally based investment expertise. Its investment objective is to achieve capital growth from investments in India. In seeking to achieve this objective the company employs JPMF to actively manage the company's assets. The company aims to outperform the MSCI India Index. The Fund invests in both Indian and non-Indian companies which derive a material part of their revenues from India.

JPMorgan Indian Investment Trust (JPMorgan Indian Investment Trust) Headlines

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