Jungle21 (XPAR:MLJ21) Debt-to-Equity : 2.66 (As of Dec. 2023)

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What is Jungle21 Debt-to-Equity?

Jungle21's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5.71 Mil. Jungle21's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2.59 Mil. Jungle21's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €3.12 Mil. Jungle21's debt to equity for the quarter that ended in Dec. 2023 was 2.66.

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 Jungle21's Debt-to-Equity or its related term are showing as below:

XPAR:MLJ21' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.66 Med: 5.77 Max: 8.99
Current: 2.66

During the past 4 years, the highest Debt-to-Equity Ratio of Jungle21 was 8.99. The lowest was 2.66. And the median was 5.77.

XPAR:MLJ21's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.37 vs XPAR:MLJ21: 2.66

Jungle21 Debt-to-Equity Historical Data

The historical data trend for Jungle21'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.

Jungle21 Debt-to-Equity Chart

Jungle21 Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

3.44

8.09

8.99

2.66

Jungle21 Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	3.44	8.09	8.99	2.66

Competitive Comparison of Jungle21's Debt-to-Equity

For the Specialty Business Services subindustry, Jungle21'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.

Jungle21's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Jungle21's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jungle21's Debt-to-Equity falls into.

Jungle21 Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jungle21'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
	=	(5.712	+	2.594)	/	3.121
	=	2.66

Jungle21'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
	=	(5.712	+	2.594)	/	3.121
	=	2.66

Jungle21 (XPAR:MLJ21) 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.

Jungle21 Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Jungle21's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Jungle21 (XPAR:MLJ21) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Jungle21 SA (XPAR:MLJ21) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Antonio Maura 16, 5 Derecha, Madrid, ESP, 28014

Website

https://www.jungle21.com

Jungle21 SA is an ecosystem of creative companies. It partners with brands and companies on a transformation path, accelerating their economic growth and positive impact, by solving business challenges through an integrated offer of consulting, product & and service design, advertising & content. The Group derives its revenues mainly from advertising activities.

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