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Jowell Global (Jowell Global) Liabilities-to-Assets : 0.29 (As of Dec. 2023)


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What is Jowell Global Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Jowell Global's Total Liabilities for the quarter that ended in Dec. 2023 was $10.1 Mil. Jowell Global's Total Assets for the quarter that ended in Dec. 2023 was $35.3 Mil. Therefore, Jowell Global's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.29.


Jowell Global Liabilities-to-Assets Historical Data

The historical data trend for Jowell Global's Liabilities-to-Assets 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.

Jowell Global Liabilities-to-Assets Chart

Jowell Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.61 0.45 0.32 0.47 0.29

Jowell Global Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.32 0.35 0.47 0.31 0.29

Competitive Comparison of Jowell Global's Liabilities-to-Assets

For the Internet Retail subindustry, Jowell Global's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Jowell Global's Liabilities-to-Assets Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jowell Global's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Jowell Global's Liabilities-to-Assets falls into.



Jowell Global Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Jowell Global's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=10.085/35.298
=0.29

Jowell Global's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=10.085/35.298
=0.29

* 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.


Jowell Global  (NAS:JWEL) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Jowell Global Liabilities-to-Assets Related Terms

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Jowell Global (Jowell Global) Business Description

Traded in Other Exchanges
N/A
Address
No. 285 Jiangpu Road, 2nd Floor, Yangpu District, Shanghai, CHN, 200082
Jowell Global Ltd is a cosmetics, health and nutritional supplements, and household products e-commerce platform. It operates under Online Direct Sales, Authorized Retail Store Distribution, Third-party Merchants, and Live streaming marketing sales channels. The company's major merchandise categories are Cosmetic products, Health and nutritional supplements, and Household Products.