Equity to Asset ratio is calculated as total stockholders equity divided by total asset. J&J Snack Foods's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $912 Mil. J&J Snack Foods's Total Assets for the quarter that ended in Dec. 2023 was $1,293 Mil.
Therefore, J&J Snack Foods's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.
The historical rank and industry rank for J&J Snack Foods's Equity-to-Asset or its related term are showing as below:
JJSF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66 Med: 0.79 Max: 0.82
Current: 0.71
During the past 13 years, the highest Equity to Asset Ratio of J&J Snack Foods was 0.82. The lowest was 0.66. And the median was 0.79.
JJSF's Equity-to-Asset is ranked better than 74.31% of 1919
companies
in the Consumer Packaged Goods industry
Industry Median: 0.54
vs JJSF: 0.71
J&J Snack Foods Equity-to-Asset Historical Data
The historical data trend for J&J Snack Foods'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.
Competitive Comparison of J&J Snack Foods's Equity-to-Asset
For the Packaged Foods subindustry, J&J Snack Foods'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&J Snack Foods's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, J&J Snack Foods's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where J&J Snack Foods's Equity-to-Asset falls into.
J&J Snack Foods 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&J Snack Foods's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
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&J Snack Foods Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of J&J Snack Foods's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
J&J Snack Foods (J&J Snack Foods) Business Description
J&J Snack Foods Corp manufactures, markets, and distributes snack foods and beverages to foodservice and retail supermarket outlets. The company's products include frozen beverages, juice, fruit bars, sorbet, cakes, and cookies that are distributed to various consumers, including restaurants, supermarkets, convenience stores, universities, theaters, and theme parks. The company operates in three business segments: food service, which sells snacks, desserts, and baked goods at the point-of-sale; retail supermarkets, which sells frozen and prepackaged products to supermarkets; and frozen beverages, which sells frozen beverages under brands Icee, Slush puppie, and Parrot ice in the United States, Mexico, and Canada.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
JJSF has been successfully added to your 