Judo Capital Holdings (ASX:JDO) Debt-to-Equity

: 3.20 (As of Dec. 2023)

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Judo Capital Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$4,848.5 Mil. Judo Capital Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$114.2 Mil. Judo Capital Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,550.5 Mil. Judo Capital Holdings's debt to equity for the quarter that ended in Dec. 2023 was 3.20.

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

ASX:JDO' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.69 Med: 2.77 Max: 3.2
Current: 3.2

During the past 3 years, the highest Debt-to-Equity Ratio of Judo Capital Holdings was 3.20. The lowest was 2.69. And the median was 2.77.

ASX:JDO's Debt-to-Equity is ranked worse than
93.06% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs ASX:JDO: 3.20

Judo Capital Holdings Debt-to-Equity Historical Data

The historical data trend for Judo Capital 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.

Judo Capital Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

2.59

2.73

3.06

Judo Capital Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	2.69	2.73	2.77	3.06	3.20

Competitive Comparison

For the Banks - Regional subindustry, Judo Capital 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.

Judo Capital Holdings Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, Judo Capital Holdings's Debt-to-Equity distribution charts can be found below:

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

Judo Capital Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Judo Capital Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(4517.6	+	0)	/	1477.1
	=	3.06

Judo Capital Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(4848.5	+	114.2)	/	1550.5
	=	3.20

Judo Capital Holdings (ASX:JDO) 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.

Judo Capital Holdings Debt-to-Equity Related Terms

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Judo Capital Holdings (ASX:JDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Judo Capital Holdings Ltd (ASX:JDO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

376-390 Collins Street, Level 26, Queen and Collins, Melbourne, VIC, AUS, 3000

Website

https://www.judo.bank

Judo Capital is an Australian bank primarily focused on lending to Australian small and midsize businesses. Judo's main lending products are business loans, equipment finance, lines of credit, and home loans. Personal, business, and self-managed superannuation fund term deposits are a key source of funding.

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