Schroder Japan Trust (LSE:SJG) Cash-to-Debt : 0.02 (As of Jan. 2024)

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What is Schroder Japan Trust 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. Schroder Japan Trust's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.02.

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, Schroder Japan Trust couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

The historical rank and industry rank for Schroder Japan Trust's Cash-to-Debt or its related term are showing as below:

LSE:SJG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.21 Max: No Debt
Current: 0.02

During the past 13 years, Schroder Japan Trust's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.21.

LSE:SJG's Cash-to-Debt is ranked worse than
94.55% of 1449 companies
in the Asset Management industry
Industry Median: 5.79 vs LSE:SJG: 0.02

Schroder Japan Trust Cash-to-Debt Historical Data

The historical data trend for Schroder Japan Trust'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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Schroder Japan Trust Cash-to-Debt Chart

Schroder Japan Trust Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash-to-Debt

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0.25

0.27

0.25

0.15

0.12

Schroder Japan Trust Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial															0.19	0.15	0.07	0.12	0.02

Competitive Comparison of Schroder Japan Trust's Cash-to-Debt

For the Asset Management subindustry, Schroder Japan Trust'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.

Schroder Japan Trust's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Schroder Japan Trust's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Schroder Japan Trust's Cash-to-Debt falls into.

Schroder Japan Trust Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Schroder Japan Trust's Cash to Debt Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	4.081	/	(0	+	32.821)
	=	0.12

Schroder Japan Trust's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1.037	/	(0	+	42.977)
	=	0.02

Schroder Japan Trust (LSE:SJG) 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.

Schroder Japan Trust Cash-to-Debt Related Terms

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

Schroder Japan Trust (LSE:SJG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Schroder Japan Trust PLC (LSE:SJG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SJGl:UK

Address

1 London Wall Place, London, GBR, EC2Y 5AU

Website

https://www.schroders.com

Schroder Japan Trust PLC is an investment trust located in the United Kingdom. It aims to achieve growth more than the TSE First Section Total Return Index in sterling over the longer term to provide capital growth for its investors. To achieve this objective, the company follows the strategy of investing in an actively managed portfolio comprising of securities listed on the Japanese stock markets. It predominantly invests in equities and partly in other instruments like warrants, convertibles, and other derivative instruments across sectors such as consumer goods and industrials. The company operates through its investment manager, Schroder Unit Trusts Ltd.

Schroder Japan Trust (LSE:SJG) Headlines

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