Johnson Electric Holdings (Johnson Electric Holdings) Debt-to-Equity : 0.25 (As of Mar. 2024)

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What is Johnson Electric Holdings Debt-to-Equity?

Johnson Electric Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $327 Mil. Johnson Electric Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $307 Mil. Johnson Electric Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,552 Mil. Johnson Electric Holdings's debt to equity for the quarter that ended in Mar. 2024 was 0.25.

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

JEHLY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.23 Max: 0.28
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Johnson Electric Holdings was 0.28. The lowest was 0.16. And the median was 0.23.

JEHLY's Debt-to-Equity is ranked better than
68.83% of 1171 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs JEHLY: 0.25

Johnson Electric Holdings Debt-to-Equity Historical Data

The historical data trend for Johnson Electric 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.

Johnson Electric Holdings Debt-to-Equity Chart

Johnson Electric Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.26

0.21

0.26

0.23

0.25

Johnson Electric Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.26	0.25	0.23	0.18	0.25

Competitive Comparison of Johnson Electric Holdings's Debt-to-Equity

For the Auto Parts subindustry, Johnson Electric 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.

Johnson Electric Holdings's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Johnson Electric Holdings's Debt-to-Equity distribution charts can be found below:

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

Johnson Electric Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Johnson Electric Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(327.381	+	307.264)	/	2552.009
	=	0.25

Johnson Electric 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
	=	(327.381	+	307.264)	/	2552.009
	=	0.25

Johnson Electric Holdings (OTCPK:JEHLY) 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.

Johnson Electric Holdings Debt-to-Equity Related Terms

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Johnson Electric Holdings (Johnson Electric Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Johnson Electric Holdings Ltd (OTCPK:JEHLY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JELCF:USA 00179:Hong Kong JOHB:Germany

Address

6th Floor, 12 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG

Website

https://www.johnsonelectric.com

Johnson Electric Holdings Ltd, along with its subsidiaries, is engaged in the manufacturing and selling of electro-mechanical motion systems and solutions. The company is organized into two business units: Automotive Products Group and Industry Products Group of which Automotive Products Group contributes the vast majority of its total revenue. Its automotive products include cooling fans, electric power steering motors, headlamp actuators, transmission and driveline actuators. Its industry segment offers medical devices, circuit breakers, power tools, industrial and laboratory equipment, building automation, and optronics. The company operates in Hong Kong, Switzerland, Canada, Serbia, and Others.

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