J&J Snack Foods (J&J Snack Foods) Cash-to-Debt

: 0.34 (As of Dec. 2023)

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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&J Snack Foods's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.34.

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, J&J Snack Foods 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 J&J Snack Foods's Cash-to-Debt or its related term are showing as below:

JJSF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.29 Med: 73.64 Max: 230.36
Current: 0.34

During the past 13 years, J&J Snack Foods's highest Cash to Debt Ratio was 230.36. The lowest was 0.29. And the median was 73.64.

JJSF's Cash-to-Debt is ranked worse than
58.33% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs JJSF: 0.34

J&J Snack Foods Cash-to-Debt Historical Data

The historical data trend for J&J Snack Foods'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&J Snack Foods Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

230.36

4.01

4.81

0.35

0.41

J&J Snack Foods 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																0.39	0.29	0.38	0.41	0.34

Competitive Comparison

For the Packaged Foods subindustry, J&J Snack Foods'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&J Snack Foods Cash-to-Debt Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, J&J Snack Foods's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where J&J Snack Foods's Cash-to-Debt falls into.

J&J Snack Foods 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&J Snack Foods'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)
	=	49.581	/	(16.679	+	105.231)
	=	0.41

J&J Snack Foods'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)
	=	50.02	/	(18.093	+	129.175)
	=	0.34

J&J Snack Foods (NAS:JJSF) 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&J Snack Foods Cash-to-Debt Related Terms

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J&J Snack Foods (J&J Snack Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » J&J Snack Foods Corp (NAS:JJSF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

JJ1:Germany

Address

350 Fellowship Road, Mt. Laurel, NJ, USA, 08054

Website

https://www.jjsnack.com

J&J Snack Foods Corp manufactures, markets, and distributes snack foods and beverages to foodservice and retail supermarket outlets. The company's products include frozen beverages, juice, fruit bars, sorbet, cakes, and cookies that are distributed to various consumers, including restaurants, supermarkets, convenience stores, universities, theaters, and theme parks. The company operates in three business segments: food service, which sells snacks, desserts, and baked goods at the point-of-sale; retail supermarkets, which sells frozen and prepackaged products to supermarkets; and frozen beverages, which sells frozen beverages under brands Icee, Slush puppie, and Parrot ice in the United States, Mexico, and Canada.

Executives

Dan Fachner	officer: President, ICEE	1205 DUPONT CIRCLE, ONTARIO CA 91761-7817
Marjorie Shreiber Roshkoff	director	6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Mary Lou Kehoe	officer: VP, Human Resources	9 GITHENS LANE, LUMBERTON NJ 08048
Stephen Every	officer: COO, The ICEE Co	C/O J & J SNACK FOODS CORP., 6000 CENTRAL HIGHWAY, PENNSAUKEN PA 08109
Robert Cranmer	officer: Senior VP, Operations	3 EAST DICKENS COURT, JACKSON NJ 08527
Mary Meder	director	201 S. 18TH ST #2416, PHILADELPHIA PA 19103
Gerald B Shreiber	director, 10 percent owner, officer: President and CEO	6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Roy Christopher Jackson	director	1040 BRICKYARD LANE, GREENSBORO GA 30642
Michael A Pollner	officer: SVP, General Counsel & Secy.	C/O KNOLL, INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
Robert Joseph Pape	officer: Senior Vice President	6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
2021 Irrevocable Trust For Gerald B. Shreiber	10 percent owner	6000 CENTRAL HIGHWAY, PENNSAUKEN PA 08109
Lynwood Mallard	officer: Senior Vice President and CMO	C/O J & J SNACK FOODS CORP., 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Dennis G Moore	director, officer: Sr. Vice President	6000 CNTRAL HIGHWAY, PENNSAUKEN NJ 08109
Robert M Radano	director, officer: Senior Vice President	6000 CNTRAL HIGHWAY, PENNSAUKEN NJ 08109
Ken Allen Plunk	officer: Senior Vice President and CFO	6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109