J. W. Mays (J. W. Mays) Debt-to-Equity

: 0.57 (As of Jan. 2024)

View and export this data going back to 1984. Start your Free Trial

J. W. Mays's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. J. W. Mays's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $30.44 Mil. J. W. Mays's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $53.01 Mil. J. W. Mays's debt to equity for the quarter that ended in Jan. 2024 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 J. W. Mays's Debt-to-Equity or its related term are showing as below:

MAYS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.15 Max: 0.72
Current: 0.57

During the past 13 years, the highest Debt-to-Equity Ratio of J. W. Mays was 0.72. The lowest was 0.10. And the median was 0.15.

MAYS's Debt-to-Equity is ranked better than
58.41% of 1587 companies
in the Real Estate industry
Industry Median: 0.76 vs MAYS: 0.57

J. W. Mays Debt-to-Equity Historical Data

The historical data trend for J. W. Mays'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.

J. W. Mays Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

0.10

0.72

0.65

0.62

0.59

J. W. Mays Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity																0.59	0.60	0.59	0.59	0.57

Competitive Comparison

For the Real Estate Services subindustry, J. W. Mays'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.

J. W. Mays Debt-to-Equity Distribution

For the Real Estate industry and Real Estate sector, J. W. Mays's Debt-to-Equity distribution charts can be found below:

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

J. W. Mays Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

J. W. Mays's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(0	+	31.656)	/	53.305
	=	0.59

J. W. Mays's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(0	+	30.437)	/	53.014
	=	0.57

J. W. Mays (NAS:MAYS) 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.

J. W. Mays Debt-to-Equity Related Terms

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

J. W. Mays (J. W. Mays) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » J. W. Mays Inc (NAS:MAYS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Bond Street, Brooklyn, NY, USA, 11201-5805

Website

https://www.jwmays.com

J. W. Mays Inc is a real estate company. It is engaged in the leasing of real estate and operates a number of commercial real estate properties in New York. The company leases its properties to retail, restaurant, commercial, and other tenants. Its properties are located in Brooklyn, Circleville, Fishkill, Jamaica, Levittown, and Massapequa.

Executives

Gailoyd Enterprises Corp.	10 percent owner	961 ROUTE 52, CARMEL NY 10512
Steven Gurney-goldman	director	C/O SOL GOLDMAN INVESTMENTS, LLC, 1185 SIXTH AVENUE - 10TH FLOOR, NEW YORK NY 10036
Jane H Goldman	10 percent owner	ESTATE OF SOL GOLDMAN, 640 FIFTH ST THIRD FLOOR, NEW YORK NY 10019
Louisa Little	10 percent owner	ESTATE OF SOL GOLDMAN, 640 FIFTH AVE THIRD FLOOR, NEW YORK NY 10019
Allan H. Goldman	10 percent owner	640 FIFTH AVE, NEW YORK NY 10019
Lillian Goldman Marital Trust	10 percent owner	640 FIFTH AVE, NEW YORK NY 10019
Lloyd J Shulman	director, officer: Chairman, CEO, President	C/O J.W. MAYS, 9 BOND STREET, BROOKLYN NY 11201

J. W. Mays (J. W. Mays) Headlines

From GuruFocus

J. W. Mays Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 12-10-2009

Leasing Companies Offer Strong Value Opportunities

By James Li James Li • 09-19-2016

J. W. Mays Inc. Reports Operating Results (10-Q)

By gurufocus • 03-12-2009

J. W. Mays Inc. (MAYS) Files Quarterly Report for the Period Ended on 2008-10-31

By gurufocus • 12-15-2008

J. W. Mays Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 06-10-2010

6 Real Estate Companies Trading with Low Price-Sales Ratios

By Tiziano Frateschi Tiziano Frateschi • 10-30-2020

J. W. Mays Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 03-10-2011