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Jackson Financial (Jackson Financial) Debt-to-Equity : 0.40 (As of Dec. 2023)


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What is Jackson Financial Debt-to-Equity?

Jackson Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Jackson Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,025 Mil. Jackson Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $10,170 Mil. Jackson Financial's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Jackson Financial's Debt-to-Equity or its related term are showing as below:

JXN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.39   Max: 0.51
Current: 0.4

During the past 6 years, the highest Debt-to-Equity Ratio of Jackson Financial was 0.51. The lowest was 0.03. And the median was 0.39.

JXN's Debt-to-Equity is ranked worse than
66.23% of 382 companies
in the Insurance industry
Industry Median: 0.25 vs JXN: 0.40

Jackson Financial Debt-to-Equity Historical Data

The historical data trend for Jackson Financial's Debt-to-Equity 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.

* Premium members only.

Jackson Financial Debt-to-Equity Chart

Jackson Financial Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.39 0.03 0.39 0.51 0.40

Jackson Financial Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.54 0.54 0.49 0.40

Competitive Comparison of Jackson Financial's Debt-to-Equity

For the Insurance - Life subindustry, Jackson Financial's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Jackson Financial's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Jackson Financial's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jackson Financial's Debt-to-Equity falls into.



Jackson Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jackson Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Jackson Financial's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Jackson Financial  (NYSE:JXN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Jackson Financial Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Jackson Financial's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Jackson Financial (Jackson Financial) Business Description

Traded in Other Exchanges
Address
1 Corporate Way, Lansing, MI, USA, 48951
Jackson Financial Inc helps Americans grow and protect their retirement savings and income to enable them to pursue financial freedom for life. Its retail product offerings comprise annuities, designed to help retail investors save for and live in retirement. Its diverse suite of annuities includes a variable, fixed index, and fixed annuities. It manages the business through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other segments.
Executives
Scott Romine officer: President and CEO, JNLD 1 CORPORATE WAY, LANSING MI 48951
Don W Cummings officer: SVP, Controller and CAO C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Russell G Noles director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Christopher Raub officer: EVP and Chief Risk Officer 1 CORPORATE WAY, LANSING MI 48951
Gregory T Durant director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Plc Prudential 10 percent owner 1 ANGEL COURT, LONDON X0 EC2R 7AG
Paul Chadwick Myers officer: Vice Chair, JHLLC C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Carrie Chelko officer: EVP, GC and Secretary 1 CORPORATE WAY, LANSING MI 48951
Laura Louene Prieskorn director, officer: CEO and President C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Devkumar Dilip Ganguly officer: EVP & Chief Operating Officer C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Dan Hagan 10 percent owner PO BOX 1225, COLUMBIA MO 65205
Derek G Kirkland director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Lily Fu Claffee director C/O JACKSON FINANCIAL INC., 1 CORPORATE WAY, LANSING MI 48951
Steven A Kandarian director METLIFE, 200 PARK AVENUE, NEW YORK NY 10166
Martin J Lippert director 200 PARK AVENUE, NEW YORK NY 10166