JD Logistics (HKSE:02618) Debt-to-Equity : 0.57 (As of Dec. 2023)

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What is JD Logistics Debt-to-Equity?

JD Logistics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$12,826 Mil. JD Logistics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$16,982 Mil. JD Logistics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$52,674 Mil. JD Logistics's debt to equity for the quarter that ended in Dec. 2023 was 0.57.

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 JD Logistics's Debt-to-Equity or its related term are showing as below:

HKSE:02618' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.1 Med: 0.4 Max: 0.57
Current: 0.57

During the past 6 years, the highest Debt-to-Equity Ratio of JD Logistics was 0.57. The lowest was -4.10. And the median was 0.40.

HKSE:02618's Debt-to-Equity is ranked worse than
51.36% of 882 companies
in the Transportation industry
Industry Median: 0.55 vs HKSE:02618: 0.57

JD Logistics Debt-to-Equity Historical Data

The historical data trend for JD Logistics'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.

JD Logistics Debt-to-Equity Chart

JD Logistics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-4.10

-2.44

0.40

0.51

0.57

JD Logistics Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial							N/A	0.51	0.52	N/A	0.57

Competitive Comparison of JD Logistics's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, JD Logistics'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.

JD Logistics's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JD Logistics's Debt-to-Equity distribution charts can be found below:

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

JD Logistics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JD Logistics'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
	=	(12826.421	+	16981.817)	/	52674.111
	=	0.57

JD Logistics'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
	=	(12826.421	+	16981.817)	/	52674.111
	=	0.57

JD Logistics (HKSE:02618) 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.

JD Logistics Debt-to-Equity Related Terms

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

JD Logistics (HKSE:02618) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » JD Logistics Inc (HKSE:02618) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JDLGF:USA 822:Germany

Address

No. 20 Kechuang 11 Street, 8th Floor, Building B, Yizhuang Economic and Technological Development Zone, Daxing District, Beijing, CHN, 101111

Website

https://www.jdl.cn

JD Logistics Inc, owned by leading China e-commerce company JD.com, is a technology-driven supply chain solutions and logistics services provider in China. It offers a full spectrum of supply chain solutions and logistics services, ranging from warehousing to distribution, spanning across manufacturing to end-customers, covering regular and specialized items. JDL services include formulating and executing supply chain strategies. Customers come from a wide array of industries, such as fast-moving consumer goods; or FMCG, apparel; home appliances; home furniture; computers, consumer electronics, and communications, or 3C; automotive; and fresh produce, among others.

JD Logistics (HKSE:02618) Headlines

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