Janison Education Group (ASX:JAN) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is Janison Education Group Debt-to-Equity?

Janison Education Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.25 Mil. Janison Education Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.07 Mil. Janison Education Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$35.14 Mil. Janison Education Group's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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 Janison Education Group's Debt-to-Equity or its related term are showing as below:

ASX:JAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.12
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Janison Education Group was 0.12. The lowest was 0.01. And the median was 0.07.

ASX:JAN's Debt-to-Equity is ranked better than
99.95% of 2215 companies
in the Software industry
Industry Median: 0.21 vs ASX:JAN: 0.01

Janison Education Group Debt-to-Equity Historical Data

The historical data trend for Janison Education Group'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.

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Janison Education Group Debt-to-Equity Chart

Janison Education Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Get a 7-Day Free Trial

0.07

0.08

0.07

0.02

Janison Education Group 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	Get a 7-Day Free Trial															0.07	0.07	0.03	0.02	0.01

Competitive Comparison of Janison Education Group's Debt-to-Equity

For the Software - Application subindustry, Janison Education Group'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.

Janison Education Group's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Janison Education Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Janison Education Group's Debt-to-Equity falls into.

Janison Education Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Janison Education Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.51	+	0)	/	30.892
	=	0.02

Janison Education Group'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
	=	(0.246	+	0.07)	/	35.136
	=	0.01

Janison Education Group (ASX:JAN) 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.

Janison Education Group Debt-to-Equity Related Terms

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Janison Education Group (ASX:JAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Janison Education Group Ltd (ASX:JAN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

126-130 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.janison.com

Janison Education Group Ltd operates in the education technology sector. Its primary activities include software development and the provision of Software-as-a-Service. The company operates in two segments including Assessment and Solutions. It generates maximum revenue from the Solutions segment, which operates exam enterprise-grade assessment platform technology and event management services for large organizations, national education authorities, and accreditation bodies. The Assessments segment provides exam products, exam items, and associated exam services which are sold to schools, parents, and teachers. Geographically, it derives a majority of its revenue from Australia and New Zealand and also has a presence in Asia and the Rest of the World.