JX Luxventure (JX Luxventure) Debt-to-Equity

: 0.00 (As of Jun. 2023)

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JX Luxventure's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. JX Luxventure's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. JX Luxventure's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $14.22 Mil. JX Luxventure's debt to equity for the quarter that ended in Jun. 2023 was 0.00.

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

JXJT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.21
Current: 0.18

During the past 11 years, the highest Debt-to-Equity Ratio of JX Luxventure was 0.21. The lowest was 0.02. And the median was 0.03.

JXJT's Debt-to-Equity is ranked better than
74.28% of 933 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.45 vs JXJT: 0.18

JX Luxventure Debt-to-Equity Historical Data

The historical data trend for JX Luxventure'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.

JX Luxventure Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.03

0.04

0.05

0.21

JX Luxventure Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity																0.03	0.05	0.15	0.21	-

Competitive Comparison

For the Apparel Manufacturing subindustry, JX Luxventure'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.

JX Luxventure Debt-to-Equity Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JX Luxventure's Debt-to-Equity distribution charts can be found below:

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

JX Luxventure Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JX Luxventure's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(2.611	+	0)	/	12.326
	=	0.21

JX Luxventure's Debt to Equity Ratio for the quarter 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
	=	(0	+	0)	/	14.221
	=	0.00

JX Luxventure (NAS:JXJT) 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.

JX Luxventure Debt-to-Equity Related Terms

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JX Luxventure (JX Luxventure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » JX Luxventure Ltd (NAS:JXJT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KBP0:Germany

Address

Bin Hai Da Dao No. 270, Lang Qin Wan Guo Ji Du Jia Cun Zong He Lou, Xiu Ying District, Hainan Province, Haikou, CHN, 570100

Website

https://www.jxluxventure.com

JX Luxventure Ltd is engaged in the business of menswear, cross-border merchandise, airfare, and tourism. The company operates in three segments Tourism products, Technology and Cross- board merchandise. The majority of the group revenue is generated from the Tourism products.