Jahen Household Products Co (SZSE:300955) Debt-to-Equity : 0.53 (As of Mar. 2024)

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What is Jahen Household Products Co Debt-to-Equity?

Jahen Household Products Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥170 Mil. Jahen Household Products Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥357 Mil. Jahen Household Products Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥991 Mil. Jahen Household Products Co's debt to equity for the quarter that ended in Mar. 2024 was 0.53.

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 Jahen Household Products Co's Debt-to-Equity or its related term are showing as below:

SZSE:300955' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.24 Max: 0.53
Current: 0.53

During the past 7 years, the highest Debt-to-Equity Ratio of Jahen Household Products Co was 0.53. The lowest was 0.17. And the median was 0.24.

SZSE:300955's Debt-to-Equity is ranked worse than
56% of 350 companies
in the Packaging & Containers industry
Industry Median: 0.44 vs SZSE:300955: 0.53

Jahen Household Products Co Debt-to-Equity Historical Data

The historical data trend for Jahen Household Products Co'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.

Jahen Household Products Co Debt-to-Equity Chart

Jahen Household Products Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.23

0.30

0.18

0.26

0.43

Jahen Household Products Co Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.36	0.41	0.41	0.43	0.53

Competitive Comparison of Jahen Household Products Co's Debt-to-Equity

For the Packaging & Containers subindustry, Jahen Household Products Co'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.

Jahen Household Products Co's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Jahen Household Products Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jahen Household Products Co's Debt-to-Equity falls into.

Jahen Household Products Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jahen Household Products Co'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
	=	(158.003	+	264.501)	/	994.312
	=	0.42

Jahen Household Products Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(169.676	+	357.406)	/	991.401
	=	0.53

Jahen Household Products Co (SZSE:300955) 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.

Jahen Household Products Co Debt-to-Equity Related Terms

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Jahen Household Products Co (SZSE:300955) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Jahen Household Products Co Ltd (SZSE:300955) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiangnan Torch Industrial Zone, Licheng District, Fujian Province, Quanzhou, CHN, 362005

Website

http://www.jahenjh.com

Jahen Household Products Co Ltd is a comprehensive service company specializing in the research and development and production of OEM/ODM of daily chemical products and plastic packaging containers. It also produces and sells daily necessities, cosmetics, and other products.

Jahen Household Products Co (SZSE:300955) Headlines

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