Jemtec (TSXV:JTC) Cash-to-Debt : 10.18 (As of Jan. 2025)

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What is Jemtec 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. Jemtec's cash to debt ratio for the quarter that ended in Jan. 2025 was 10.18.

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, Jemtec could pay off its debt using the cash in hand for the quarter that ended in Jan. 2025.

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

TSXV:JTC' s Cash-to-Debt Range Over the Past 10 Years
Min: 6.79 Med: 233.19 Max: No Debt
Current: 10.18

During the past 13 years, Jemtec's highest Cash to Debt Ratio was No Debt. The lowest was 6.79. And the median was 233.19.

TSXV:JTC's Cash-to-Debt is ranked better than
77.29% of 2444 companies
in the Hardware industry
Industry Median: 1.46 vs TSXV:JTC: 10.18

Jemtec Cash-to-Debt Historical Data

The historical data trend for Jemtec'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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Jemtec Cash-to-Debt Chart

Jemtec Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Cash-to-Debt

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123.18

50.39

541.75

6.79

10.11

Jemtec Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Cash-to-Debt	Get a 7-Day Free Trial															153.53	236.60	10.11	9.16	10.18

Competitive Comparison of Jemtec's Cash-to-Debt

For the Scientific & Technical Instruments subindustry, Jemtec'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.

Jemtec's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jemtec's Cash-to-Debt distribution charts can be found below:

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

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Jemtec 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.

Jemtec's Cash to Debt Ratio for the fiscal year that ended in Jul. 2024 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)
	=	2.407	/	(0.063	+	0.175)
	=	10.11

Jemtec's Cash to Debt Ratio for the quarter that ended in Jan. 2025 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)
	=	2.495	/	(0.085	+	0.16)
	=	10.18

Jemtec (TSXV:JTC) 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.

Jemtec Cash-to-Debt Related Terms

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

Jemtec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jemtec Inc (TSXV:JTC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Fell Avenue, Suite 200, North Vancouver, Vancouver, BC, CAN, V7P 3S2

Website

https://www.jemtec.ca

Jemtec Inc is a provider of services and technologies for offender monitoring. The company's services include positioning systems, electronic monitoring, alcohol detection, and voice verification technologies. The Company's core business is the provision of services and technologies for offender monitoring with Canadian federal and provincial correctional departments. It also provides bail services. The company earns maximum revenue in the form of leasing, monitoring, activation, and bail.

Executives

Gordon Baker	Director
Paul Crossett	10% Security Holder
Eric Caton	Director, Senior Officer

Jemtec Headlines

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