J&T Global Express (FRA:J92) Cash-to-Debt : 0.86 (As of Dec. 2023)

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What is J&T Global Express 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. J&T Global Express's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.86.

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, J&T Global Express 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 J&T Global Express's Cash-to-Debt or its related term are showing as below:

FRA:J92' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.86 Med: 1.02 Max: 3.12
Current: 0.86

During the past 4 years, J&T Global Express's highest Cash to Debt Ratio was 3.12. The lowest was 0.86. And the median was 1.02.

FRA:J92's Cash-to-Debt is ranked better than
63.05% of 969 companies
in the Transportation industry
Industry Median: 0.48 vs FRA:J92: 0.86

J&T Global Express Cash-to-Debt Historical Data

The historical data trend for J&T Global Express'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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J&T Global Express Cash-to-Debt Chart

J&T Global Express Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

1.09

3.12

0.96

0.86

J&T Global Express Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			3.12	N/A	0.96	0.70	0.86

Competitive Comparison of J&T Global Express's Cash-to-Debt

For the Integrated Freight & Logistics subindustry, J&T Global Express'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.

J&T Global Express's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, J&T Global Express's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where J&T Global Express's Cash-to-Debt falls into.

J&T Global Express 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.

J&T Global Express'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)
	=	1405.903	/	(381.084	+	1261.452)
	=	0.86

J&T Global Express'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)
	=	1405.903	/	(381.084	+	1261.452)
	=	0.86

J&T Global Express (FRA:J92) 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.

J&T Global Express Cash-to-Debt Related Terms

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J&T Global Express (FRA:J92) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (FRA:J92) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

01519:Hong Kong

Address

1777 Hualong Road, Room 1001, Block A, Tower 5, Huaxinzhen, Qingpu, Shanghai, CHN

Website

https://www.jtexpress.com

J&T Global Express Ltd is a global logistics service provider with the leading express delivery business in Southeast Asia. Its express delivery services span 13 countries, which include the largest and fastest-growing express delivery emerging markets globally. It provides express delivery services to leading e-commerce platforms, enabling the rapid development of its partners as they expand into new markets.

J&T Global Express (FRA:J92) Headlines

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