Jefferies Financial Group (Jefferies Financial Group) Cash-to-Debt : 0.42 (As of Feb. 2024)

View and export this data going back to 1968. Start your Free Trial

What is Jefferies Financial Group 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. Jefferies Financial Group's cash to debt ratio for the quarter that ended in Feb. 2024 was 0.42.

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, Jefferies Financial Group couldn't pay off its debt using the cash in hand for the quarter that ended in Feb. 2024.

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

JEF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.33 Med: 1.01 Max: 1.24
Current: 0.42

During the past 13 years, Jefferies Financial Group's highest Cash to Debt Ratio was 1.24. The lowest was 0.33. And the median was 1.01.

JEF's Cash-to-Debt is ranked worse than
75.03% of 789 companies
in the Capital Markets industry
Industry Median: 1.76 vs JEF: 0.42

Jefferies Financial Group Cash-to-Debt Historical Data

The historical data trend for Jefferies Financial Group'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.

* Premium members only.

Jefferies Financial Group Cash-to-Debt Chart

Jefferies Financial Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Nov19

Nov20

Nov21

Nov22

Nov23

Cash-to-Debt

Get a 7-Day Free Trial

0.43

0.46

0.94

0.71

0.53

Jefferies Financial Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash-to-Debt	Get a 7-Day Free Trial															0.67	0.54	0.57	0.53	0.42

Competitive Comparison of Jefferies Financial Group's Cash-to-Debt

For the Capital Markets subindustry, Jefferies Financial Group'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.

Jefferies Financial Group's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jefferies Financial Group's Cash-to-Debt distribution charts can be found below:

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

Jefferies Financial Group 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.

Jefferies Financial Group's Cash to Debt Ratio for the fiscal year that ended in Nov. 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)
	=	8526.363	/	(989.715	+	15102.205)
	=	0.53

Jefferies Financial Group's Cash to Debt Ratio for the quarter that ended in Feb. 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)
	=	7615.691	/	(1254.31	+	16880.139)
	=	0.42

Jefferies Financial Group (NYSE:JEF) 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.

Jefferies Financial Group Cash-to-Debt Related Terms

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

Jefferies Financial Group (Jefferies Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jefferies Financial Group Inc (NYSE:JEF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LN3:Germany

Address

520 Madison Avenue, New York, NY, USA, 10022

Website

https://www.jefferies.com

Jefferies Financial Group Inc is a diversified financial services company. Its business consists of investment banking and capital markets (Jefferies Group), commercial mortgage banking (Berkadia), asset management (Leucadia Asset Management), and online platform for foreign exchange trading (FXCM), a real estate company (Homefed), and vehicle finance (Foursight Capital and Chrome Capital). The company is also involved in other businesses, such as oil and gas exploration, through JETX and Vitesse Energy; automobile dealerships, through Gargadia; fixed wireless broadband services, through Linkem; and gold and silver mining through Golden Queen, among others.

Executives

Joseph S Steinberg	director, 10 percent owner, officer: President	C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Mark Lawrence Cagno	officer: VP and Co-Controller	C/O JEFFERIES FINANCIAL GROUP INC., 520 MADISON AVENUE, NEW YORK NY 10022
Matthew Scott Larson	officer: EVP, Co-CFO	C/O JEFFERIES FINANCIAL GROUP INC., 520 MADISON AVENUE, NEW YORK NY 10022
Brian P Friedman	director, officer: President
Rocco J Nittoli	officer: Treasurer	315 PARK AVENUE SOUTH, NEW YORK NY 10010
Thomas W Jones	director	ALTRIA GROUP INC, 6601 WEST BROAD STREET, RICHMOND VA 23230
O Kane Michael T	director	80 HICKORY HILL BLVD, TOTOWA NJ 07512
Melissa Weiler	director	399 PARK AVE 38TH FL, NEW YORK DC 10022
Matrice Ellis-kirk	director	C/O JEFFERIES FINANCIAL GROUP INC, 520 MADISON AVENUE, NEW YORK NY 10022
Stuart Harry Reese	director
Barry J Alperin	director	C/O HENRY SCHEIN INC, 135 DURYEA RD, MELVILLE NY 11747
Jacob M Katz	director	C/O HERC HOLDINGS INC., 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134
Maryanne Gilmartin	director	C/O JEFFERIES FINANCIAL GROUP INC., 520 MADISON AVE., NEW YORK NY 10022
John Merritt Dalton	officer: Controller	520 MADISON AVE., NEW YORK NY 10022
Teresa S Gendron	officer: Chief Financial Officer	520 MADISON AVE., C/O JEFFERIES FINANCIAL GROUP INC., NEW YORK NY 10022