Jasmine Technology Solution PCL (BKK:JTS) Cash-to-Debt : 0.32 (As of Dec. 2023)

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What is Jasmine Technology Solution PCL 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. Jasmine Technology Solution PCL's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.32.

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, Jasmine Technology Solution PCL 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 Jasmine Technology Solution PCL's Cash-to-Debt or its related term are showing as below:

BKK:JTS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24 Med: 4.71 Max: No Debt
Current: 0.32

During the past 13 years, Jasmine Technology Solution PCL's highest Cash to Debt Ratio was No Debt. The lowest was 0.24. And the median was 4.71.

BKK:JTS's Cash-to-Debt is ranked worse than
51.3% of 384 companies
in the Telecommunication Services industry
Industry Median: 0.35 vs BKK:JTS: 0.32

Jasmine Technology Solution PCL Cash-to-Debt Historical Data

The historical data trend for Jasmine Technology Solution PCL'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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Jasmine Technology Solution PCL Cash-to-Debt Chart

Jasmine Technology Solution PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

0.72

0.63

0.24

0.32

Jasmine Technology Solution PCL 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															0.24	0.15	0.14	0.14	0.32

Competitive Comparison of Jasmine Technology Solution PCL's Cash-to-Debt

For the Telecom Services subindustry, Jasmine Technology Solution PCL'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.

Jasmine Technology Solution PCL's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Jasmine Technology Solution PCL's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Jasmine Technology Solution PCL's Cash-to-Debt falls into.

Jasmine Technology Solution PCL 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.

Jasmine Technology Solution PCL'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)
	=	351.74	/	(184.514	+	922.631)
	=	0.32

Jasmine Technology Solution PCL'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)
	=	351.74	/	(184.514	+	922.631)
	=	0.32

Jasmine Technology Solution PCL (BKK:JTS) 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.

Jasmine Technology Solution PCL Cash-to-Debt Related Terms

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

Jasmine Technology Solution PCL (BKK:JTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Jasmine Technology Solution PCL (BKK:JTS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chaengwatana Road, 200 Moo 4, 9th Floor, Jasmine International Tower, Pakkred, Nonthaburi, THA, 11120

Website

https://www.jts.co.th

Jasmine Technology Solution PCL is a Thailand based company, principally engaged in the design and installation of telecommunication systems, telecom service business, and other businesses. The company leases optic cable networks and provides satellite telecommunications, internet, and satellite-based mobile communication services. It also designs, supplies and installs computer networks including peripheral equipment. The operating segments of the organization are the Telecommunication services segment, Bitcoin mining segment and the Design and installation of telecommunication systems. It also provides Infrastructure-as-a-service and Software-as-a-service.

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