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J&T Global Express (FRA:J92) Debt-to-Equity : 0.65 (As of Dec. 2023)


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What is J&T Global Express Debt-to-Equity?

J&T Global Express's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €381 Mil. J&T Global Express's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,261 Mil. J&T Global Express's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €2,521 Mil. J&T Global Express's debt to equity for the quarter that ended in Dec. 2023 was 0.65.

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 J&T Global Express's Debt-to-Equity or its related term are showing as below:

FRA:J92' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.82   Med: -0.22   Max: 0.65
Current: 0.65

During the past 4 years, the highest Debt-to-Equity Ratio of J&T Global Express was 0.65. The lowest was -0.82. And the median was -0.22.

FRA:J92's Debt-to-Equity is ranked worse than
54.99% of 882 companies
in the Transportation industry
Industry Median: 0.57 vs FRA:J92: 0.65

J&T Global Express Debt-to-Equity Historical Data

The historical data trend for J&T Global Express'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.

J&T Global Express Debt-to-Equity Chart

J&T Global Express Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-0.82 -0.10 -0.33 0.65

J&T Global Express Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial -0.10 N/A -0.33 -0.32 0.65

Competitive Comparison of J&T Global Express's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, J&T Global Express'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.

J&T Global Express's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, J&T Global Express's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where J&T Global Express's Debt-to-Equity falls into.


J&T Global Express Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

J&T Global Express'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
=(381.084 + 1261.452) / 2521.458
=0.65

J&T Global Express'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
=(381.084 + 1261.452) / 2521.458
=0.65

* 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.

J&T Global Express  (FRA:J92) 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.

J&T Global Express Debt-to-Equity Related Terms

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J&T Global Express (FRA:J92) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (FRA:J92) » Definitions » Debt-to-Equity
Comparable Companies
HKSE:02618 HKSE:00598 HKSE:00636 HKSE:09699 HKSE:01442 HKSE:02130 HKSE:02490 HKSE:03399 HKSE:02482 HKSE:00500 UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 ZTO JBHT EXPD CHRW
Traded in Other Exchanges
01519:Hong Kong
Address
1777 Hualong Road, Room 1001, Block A, Tower 5, Huaxinzhen, Qingpu, Shanghai, CHN
Website
https://www.jtexpress.com
J&T Global Express Ltd is a global logistics service provider with the leading express delivery business in Southeast Asia. Its express delivery services span 13 countries, which include the largest and fastest-growing express delivery emerging markets globally. It provides express delivery services to leading e-commerce platforms, enabling the rapid development of its partners as they expand into new markets.

J&T Global Express (FRA:J92) Headlines

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