Jardine Matheson Holdings (Jardine Matheson Holdings) Debt-to-Equity

: 0.70 (As of Dec. 2023)

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Jardine Matheson Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6,267 Mil. Jardine Matheson Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $14,099 Mil. Jardine Matheson Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $29,010 Mil. Jardine Matheson Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.70.

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 Jardine Matheson Holdings's Debt-to-Equity or its related term are showing as below:

JARLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.51 Med: 0.67 Max: 0.71
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of Jardine Matheson Holdings was 0.71. The lowest was 0.51. And the median was 0.67.

JARLF's Debt-to-Equity is ranked worse than
55.88% of 476 companies
in the Conglomerates industry
Industry Median: 0.565 vs JARLF: 0.70

Jardine Matheson Holdings Debt-to-Equity Historical Data

The historical data trend for Jardine Matheson Holdings'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.

Jardine Matheson Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.64

0.67

0.69

0.70

Jardine Matheson Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity																0.69	0.69	0.69	0.67	0.70

Competitive Comparison

For the Conglomerates subindustry, Jardine Matheson Holdings'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.

Jardine Matheson Holdings Debt-to-Equity Distribution

For the Conglomerates industry and Industrials sector, Jardine Matheson Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jardine Matheson Holdings's Debt-to-Equity falls into.

Jardine Matheson Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jardine Matheson Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6267	+	14099)	/	29010
	=	0.70

Jardine Matheson Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6267	+	14099)	/	29010
	=	0.70

Jardine Matheson Holdings (OTCPK:JARLF) 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.

Jardine Matheson Holdings Debt-to-Equity Related Terms

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Jardine Matheson Holdings (Jardine Matheson Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jardine Matheson Holdings Ltd (OTCPK:JARLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JMHLY:USA J36:Singapore H4W:Germany H4W:Germany

Address

33-35 Reid Street, 4th Floor, Jardine House, P.O. Box HM 1068, Hamilton, BMU, HM 12

Website

https://www.jardines.com

Jardine Matheson Holdings Ltd is a conglomerate of businesses operating primarily in Greater China and Southeast Asia. The affiliates offer products and services in motor vehicles and related operations, property investment and development, food retailing, home furnishing, engineering and construction, transport services, insurance broking, restaurants, luxury hotels, financial services, heavy equipment, mining, and agribusiness. In terms of net income, the largest businesses within the group are Hong Kong Land and Dairy Farm, which are property investment firms and food retailers, respectively.