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Johnson Outdoors (Johnson Outdoors) Debt-to-Equity : 0.11 (As of Dec. 2023)


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What is Johnson Outdoors Debt-to-Equity?

Johnson Outdoors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.3 Mil. Johnson Outdoors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $46.2 Mil. Johnson Outdoors's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $503.9 Mil. Johnson Outdoors's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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

JOUT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.11   Max: 0.3
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Johnson Outdoors was 0.30. The lowest was 0.02. And the median was 0.11.

JOUT's Debt-to-Equity is ranked better than
80.38% of 688 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs JOUT: 0.11

Johnson Outdoors Debt-to-Equity Historical Data

The historical data trend for Johnson Outdoors'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 Outdoors Debt-to-Equity Chart

Johnson Outdoors Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.11 0.11 0.12 0.11

Johnson Outdoors Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.11 0.11 0.11 0.11

Competitive Comparison of Johnson Outdoors's Debt-to-Equity

For the Leisure subindustry, Johnson Outdoors'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 Outdoors's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Outdoors's Debt-to-Equity distribution charts can be found below:

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



Johnson Outdoors Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Johnson Outdoors's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Johnson Outdoors's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Johnson Outdoors  (NAS:JOUT) 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 Outdoors Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Johnson Outdoors's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Johnson Outdoors (Johnson Outdoors) Business Description

Traded in Other Exchanges
N/A
Address
555 Main Street, Racine, WI, USA, 53403
Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products used for fishing from a boat, diving, paddling, hiking and camping. The company has four operating segment: Fishing, Camping, Watercraft Recreation, and Diving. It generates maximum revenue from the Fishing segment which produces and markets products under different brands such as Minn Kota electric motors for quiet trolling or primary propulsion, marine battery chargers and shallow water anchors; Humminbird sonar and GPS equipment for fish finding, navigation and marine cartography; and Cannon downriggers for controlled-depth fishing. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, Canada, and other regions.
Executives
David W Johnson officer: VP and Chief Financial Officer C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
Jeffrey M Stutz director 855 EAST MAIN, ZEELAND MI 49464
Fahey John M Jr director C/O NATINAL GEOGRAPHIC, 1146 17TH STREET NW, WASHINTON DC 20036
Liliann Annie Zipfel director 555 MAIN STREET, RACINE WI 53403
Paul Garvin Alexander director 2400 MASSACHUSETTS AVENUE, LEXINGTON MA 02421
Pyle Thomas F Jr director 3500 CORBEN COURT, MADISON WI 53704
Edward F Lang director C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
Terry E London director 100 PIER 1 PLACE, FORT WORTH TX 76102
Richard Case Sheahan director C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
William D Perez director
Edward A Stevens director 555 MAIN STREET, RACINE WI 53403
Katherine Button Bell director 10 PICARDY LANE, ST LOUIS MO 63124
Towerview Llc 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022
Johnson Leipold Helen P director, 10 percent owner, officer: Chairman and CEO C/OJ/K MANAGEMENT SERVICES INC, 555 MAIN STREET, RACINE WI 53403-1015
Daniel R Tisch 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022

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