Jushi Holdings (XCNQ:JUSH) Debt-to-Equity : -12.31 (As of Mar. 2024)

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What is Jushi Holdings Debt-to-Equity?

Jushi Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$126.8 Mil. Jushi Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$242.9 Mil. Jushi Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$-30.0 Mil. Jushi Holdings's debt to equity for the quarter that ended in Mar. 2024 was -12.31.

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

XCNQ:JUSH' s Debt-to-Equity Range Over the Past 10 Years
Min: -552.6 Med: -23.35 Max: 6.79
Current: -47.95

During the past 13 years, the highest Debt-to-Equity Ratio of Jushi Holdings was 6.79. The lowest was -552.60. And the median was -23.35.

XCNQ:JUSH's Debt-to-Equity is not ranked
in the Drug Manufacturers industry.
Industry Median: 0.29 vs XCNQ:JUSH: -47.95

Jushi Holdings Debt-to-Equity Historical Data

The historical data trend for Jushi 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.

Jushi Holdings Debt-to-Equity Chart

Jushi Holdings Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-552.60

1.24

6.79

-47.95

Jushi Holdings Quarterly Data
	Jun19	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															8.31	9.69	30.23	-47.95	-12.31

Competitive Comparison of Jushi Holdings's Debt-to-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Jushi 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.

Jushi Holdings's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Jushi Holdings's Debt-to-Equity distribution charts can be found below:

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

Jushi Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jushi 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
	=	(134.283	+	266.631)	/	-8.361
	=	-47.95

Jushi Holdings'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
	=	(126.839	+	242.921)	/	-30.047
	=	-12.31

Jushi Holdings (XCNQ:JUSH) 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.

Jushi Holdings Debt-to-Equity Related Terms

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Jushi Holdings (XCNQ:JUSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Jushi Holdings Inc (XCNQ:JUSH) » Definitions » Debt-to-Equity

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JUSHF:USA

Address

301 Yamato Road, Suite 3250, Boca Raton, FL, USA, 33431

Website

https://www.jushico.com

Jushi Holdings Inc is a vertically integrated multi-state cannabis and hemp operator across the United States. The company operates a diverse portfolio of branded cannabis and hemp-derived assets, built upon opportunistic acquisitions, distressed deals and competitive applications. Operating under the Jushi umbrella is the BEYOND / HELLO retail brand of cannabis dispensaries, hemp-based CBD brand, Nira, including its brands, The Lab: Concentrates and The Bank: Flower + Genetics, as well as its precision formulated line of medical cannabis products Nira Plus. Jushi strives to maximize shareholder value while delivering high premium products across all levels of the cannabis and hemp ecosystem.

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