Jason Industries (Jason Industries) Debt-to-Equity : -2.97 (As of Jun. 2020)

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What is Jason Industries Debt-to-Equity?

Jason Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $363.00 Mil. Jason Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $31.51 Mil. Jason Industries's Total Stockholders Equity for the quarter that ended in Jun. 2020 was $-132.66 Mil. Jason Industries's debt to equity for the quarter that ended in Jun. 2020 was -2.97.

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

JSSNP.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: -984.69 Med: 2.94 Max: 816.96
Current: -2.97

During the past 8 years, the highest Debt-to-Equity Ratio of Jason Industries was 816.96. The lowest was -984.69. And the median was 2.94.

JSSNP.PFD's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.29 vs JSSNP.PFD: -2.97

Jason Industries Debt-to-Equity Historical Data

The historical data trend for Jason Industries'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.

Jason Industries Debt-to-Equity Chart

Jason Industries Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

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6.08

-139.98

70.63

-50.34

-4.49

Jason Industries Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Debt-to-Equity	Get a 7-Day Free Trial															-15.49	-6.49	-4.49	-3.83	-2.97

Competitive Comparison of Jason Industries's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Jason Industries'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.

Jason Industries's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jason Industries's Debt-to-Equity distribution charts can be found below:

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

Jason Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jason Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 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
	=	(10.075	+	398.086)	/	-90.859
	=	-4.49

Jason Industries's Debt to Equity Ratio for the quarter that ended in Jun. 2020 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
	=	(363	+	31.514)	/	-132.662
	=	-2.97

Jason Industries (GREY:JSSNP.PFD) 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.

Jason Industries Debt-to-Equity Related Terms

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Jason Industries (Jason Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jason Industries Inc (GREY:JSSNP.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

833 East Michigan Street, Suite 900, Milwaukee, WI, USA, 53202

Website

http://www.jasoninc.com

Jason Industries Inc is an industrial manufacturing company. The company's operating segment includes Industrial; Engineered Components and Fiber Solutions. It generates maximum revenue from the Industrial segment. The company serves industries such as aerospace, automotive, construction, engineering, plastic, steel, hardware, welding, shipbuilding, industrial equipment, motorcycles, and lawn and turf care. Its industrial segment's product lines are comprised of industrial brushes, polishing buffs and compounds, abrasives, and roller technology products that are used in a broad range of industrial and infrastructure applications. Geographically, it derives a majority of revenue from the United States and also has a presence in Germany; Rest of Europe; Mexico and Other Countries.