Watkin Jones (LSE:WJG) Cash-to-Debt : 0.98 (As of Sep. 2023)

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What is Watkin Jones 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. Watkin Jones's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.98.

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, Watkin Jones couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

LSE:WJG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.63 Med: 1.21 Max: 3.21
Current: 0.98

During the past 11 years, Watkin Jones's highest Cash to Debt Ratio was 3.21. The lowest was 0.63. And the median was 1.21.

LSE:WJG's Cash-to-Debt is ranked better than
69.9% of 103 companies
in the Homebuilding & Construction industry
Industry Median: 0.42 vs LSE:WJG: 0.98

Watkin Jones Cash-to-Debt Historical Data

The historical data trend for Watkin Jones'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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Watkin Jones Cash-to-Debt Chart

Watkin Jones Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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0.65

0.77

0.97

1.43

0.98

Watkin Jones Semi-Annual Data
	Sep13	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.97	0.31	1.43	0.98	0.98

Competitive Comparison of Watkin Jones's Cash-to-Debt

For the Residential Construction subindustry, Watkin Jones'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.

Watkin Jones's Cash-to-Debt Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Watkin Jones's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Watkin Jones's Cash-to-Debt falls into.

Watkin Jones 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.

Watkin Jones's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	72.508	/	(7.567	+	66.158)
	=	0.98

Watkin Jones's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	72.508	/	(7.567	+	66.158)
	=	0.98

Watkin Jones (LSE:WJG) 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.

Watkin Jones Cash-to-Debt Related Terms

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Watkin Jones (LSE:WJG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Watkin Jones PLC (LSE:WJG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0W0:Germany

Address

7-9 Swallow Street, London, GBR, W1B 4DE

Website

https://www.watkinjonesplc.com

Watkin Jones PLC is a developer and constructor of multi-occupancy property assets, with a focus on the student accommodation sector. Its service includes site identification and procurement, planning consent, construction delivery, and asset management. The company's operating segments include Student accommodation, Build to Rent, Affordable Homes, and Accommodation management. The majority of its revenue is derived from the Student accommodation and build-to-rent segments.

Watkin Jones (LSE:WJG) Headlines

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