J&T Global Express (HKSE:01519) Equity-to-Asset : 0.42 (As of Dec. 2023)

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

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. J&T Global Express's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$21,474 Mil. J&T Global Express's Total Assets for the quarter that ended in Dec. 2023 was HK$51,556 Mil. Therefore, J&T Global Express's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.

The historical rank and industry rank for J&T Global Express's Equity-to-Asset or its related term are showing as below:

HKSE:01519' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.01 Med: -0.58 Max: 0.42
Current: 0.42

During the past 4 years, the highest Equity to Asset Ratio of J&T Global Express was 0.42. The lowest was -1.01. And the median was -0.58.

HKSE:01519's Equity-to-Asset is ranked worse than
58.88% of 980 companies
in the Transportation industry
Industry Median: 0.49 vs HKSE:01519: 0.42

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

The historical data trend for J&T Global Express's Equity-to-Asset 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 Equity-to-Asset Chart

J&T Global Express Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

-0.34

-1.01

-0.82

0.42

J&T Global Express Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			-1.01	-	-0.82	-0.87	0.42

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

For the Integrated Freight & Logistics subindustry, J&T Global Express's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Transportation Industry

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

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

J&T Global Express Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

J&T Global Express's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	21474.466	/	51555.723
	=	0.42

J&T Global Express's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	21474.466	/	51555.723
	=	0.42

J&T Global Express (HKSE:01519) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

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

Thank you for viewing the detailed overview of J&T Global Express's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

J&T Global Express (HKSE:01519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (HKSE:01519) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

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 (HKSE:01519) Headlines

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