JOST Werke SE (XTER:JST) Cash-to-Debt : 0.33 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is JOST Werke SE 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. JOST Werke SE's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.33.

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, JOST Werke SE 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 JOST Werke SE's Cash-to-Debt or its related term are showing as below:

XTER:JST' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.32 Max: 0.7
Current: 0.33

During the past 10 years, JOST Werke SE's highest Cash to Debt Ratio was 0.70. The lowest was 0.09. And the median was 0.32.

XTER:JST's Cash-to-Debt is ranked worse than
63.47% of 1295 companies
in the Vehicles & Parts industry
Industry Median: 0.57 vs XTER:JST: 0.33

JOST Werke SE Cash-to-Debt Historical Data

The historical data trend for JOST Werke SE'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.

JOST Werke SE Cash-to-Debt Chart

JOST Werke SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.70

0.36

0.32

0.30

0.33

JOST Werke SE 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															0.30	0.34	0.30	0.28	0.33

Competitive Comparison of JOST Werke SE's Cash-to-Debt

For the Auto Parts subindustry, JOST Werke SE'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.

JOST Werke SE's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JOST Werke SE's Cash-to-Debt distribution charts can be found below:

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

JOST Werke SE 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.

JOST Werke SE'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)
	=	88.863	/	(118.629	+	149.434)
	=	0.33

JOST Werke SE'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)
	=	88.863	/	(118.629	+	149.434)
	=	0.33

JOST Werke SE (XTER:JST) 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.

JOST Werke SE Cash-to-Debt Related Terms

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

JOST Werke SE (XTER:JST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » JOST Werke SE (XTER:JST) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0RTR:UK

Address

Siemensstrase 2, Neu-Isenburg, HE, DEU, 63263

Website

https://www.jost-world.com

JOST Werke SE is a producer and supplier of safety-critical systems to the truck and trailer industry. The company's business segments are Asia, the Pacific and Africa, Europe, and North America. Its products are used in two business lines; Transport includes products and systems for trucks and trailers that provide the interface connecting the truck to the trailer, and it even sells wheel couplings, landing gears, king pins, and ball bearing turntables, and Agriculture includes products like agricultural front loaders for tractors, various implements for front loaders, and subframes, and it even sells towing hitches, drawbars, towing eyes and ladders under the brand name Rockinger.

Executives

Prof. Dr. Bernd Gottschalk	Supervisory Board
Joachim Dürr	Board of Directors
Dr. Ralf Eichler	Board of Directors

JOST Werke SE (XTER:JST) Headlines

From GuruFocus

Jinpan International Review: What's going on?

By Margin of Safety Investing Margin of Safety Investing • 11-22-2010

Time to Invest in China… A Little

By guruek Chris Mayer • 01-11-2010

Jinpan International Limited: A China Infrastructure and Global Expansion Play

By guruek The Stock Advisors • 01-12-2010