Jahen Household Products Co (SZSE:300955) Cash-to-Debt : 0.36 (As of Mar. 2024)

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What is Jahen Household Products Co 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. Jahen Household Products Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.36.

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, Jahen Household Products Co couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

SZSE:300955' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.19 Med: 0.59 Max: 2.57
Current: 0.36

During the past 7 years, Jahen Household Products Co's highest Cash to Debt Ratio was 2.57. The lowest was 0.19. And the median was 0.59.

SZSE:300955's Cash-to-Debt is ranked worse than
53.51% of 385 companies
in the Packaging & Containers industry
Industry Median: 0.4 vs SZSE:300955: 0.36

Jahen Household Products Co Cash-to-Debt Historical Data

The historical data trend for Jahen Household Products Co'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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Jahen Household Products Co Cash-to-Debt Chart

Jahen Household Products Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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1.11

0.56

1.29

0.62

0.46

Jahen Household Products Co Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.39	0.52	0.34	0.46	0.36

Competitive Comparison of Jahen Household Products Co's Cash-to-Debt

For the Packaging & Containers subindustry, Jahen Household Products Co'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.

Jahen Household Products Co's Cash-to-Debt Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Jahen Household Products Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Jahen Household Products Co's Cash-to-Debt falls into.

Jahen Household Products Co 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.

Jahen Household Products Co'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)
	=	193.949	/	(158.003	+	264.501)
	=	0.46

Jahen Household Products Co's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	190.839	/	(169.676	+	357.406)
	=	0.36

Jahen Household Products Co (SZSE:300955) 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.

Jahen Household Products Co Cash-to-Debt Related Terms

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Jahen Household Products Co (SZSE:300955) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Jahen Household Products Co Ltd (SZSE:300955) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiangnan Torch Industrial Zone, Licheng District, Fujian Province, Quanzhou, CHN, 362005

Website

http://www.jahenjh.com

Jahen Household Products Co Ltd is a comprehensive service company specializing in the research and development and production of OEM/ODM of daily chemical products and plastic packaging containers. It also produces and sells daily necessities, cosmetics, and other products.

Jahen Household Products Co (SZSE:300955) Headlines

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