J Trust Co (STU:4JT) Cash-to-Debt : 2.83 (As of Mar. 2024)

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What is J Trust 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. J Trust Co's cash to debt ratio for the quarter that ended in Mar. 2024 was 2.83.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, J Trust Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

STU:4JT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.4 Med: 1.08 Max: 4.01
Current: 2.83

During the past 13 years, J Trust Co's highest Cash to Debt Ratio was 4.01. The lowest was 0.40. And the median was 1.08.

STU:4JT's Cash-to-Debt is ranked better than
50.21% of 480 companies
in the Diversified Financial Services industry
Industry Median: 2.755 vs STU:4JT: 2.83

J Trust Co Cash-to-Debt Historical Data

The historical data trend for J Trust 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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J Trust Co Cash-to-Debt Chart

J Trust Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Cash-to-Debt

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1.08

1.01

0.89

2.77

4.01

J Trust Co Quarterly Data
	Jun19	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															2.78	3.02	2.39	2.17	2.83

Competitive Comparison of J Trust Co's Cash-to-Debt

For the Financial Conglomerates subindustry, J Trust 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.

J Trust Co's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, J Trust Co's Cash-to-Debt distribution charts can be found below:

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

J Trust 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.

J Trust Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	1115.267	/	(0	+	278.124)
	=	4.01

J Trust 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)
	=	1054.031	/	(0	+	373.106)
	=	2.83

J Trust Co (STU:4JT) 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.

J Trust Co Cash-to-Debt Related Terms

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

J Trust Co (STU:4JT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » J Trust Co Ltd (STU:4JT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

8508:Japan

Address

Toranomon First Garden 1-7-12 Toranomon, Minato-Ku, Tokyo, JPN, 105-0001

Website

http://www.jt-corp.co.jp

J Trust Co Ltd is a Japan-based company that operates financial and nonfinancial businesses via several subsidiaries. The company's financial business includes a domestic financial business, which consists of credit guarantee, credit and consumer credit, collection of accounts receivable, and other financial services; a financial business in South Korea, which contains a savings bank business, capital business, and a collection of accounts receivable; and a financial business in Southeast Asia, which contains a banking business and a collection of accounts receivable. It's nonfinancial business includes a general entertainment business, a real estate business, an investment business, and other business. It generates around two thirds of its total revenue from its financial businesses.

J Trust Co (STU:4JT) Headlines

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