Jacka Resources (ASX:JKA) Debt-to-Asset : 0.81 (As of Dec. 2019)

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What is Jacka Resources Debt-to-Asset?

Jacka Resources ASX:JKA Debt-to-Asset is 0.81 as of Dec. 2019. The stock has 1 warning sign investors should review.

Jacka Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was A$0.48 Mil. Jacka Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was A$0.00 Mil. Jacka Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2019 was A$0.59 Mil. Jacka Resources's debt to asset for the quarter that ended in Dec. 2019 was 0.81.

Jacka Resources  (ASX:JKA) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Jacka Resources Debt-to-Asset Related Terms

Jacka Resources Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Jacka Resources's Debt-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.

Jacka Resources Debt-to-Asset Chart

Jacka Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Jacka Resources Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Debt-to-Asset 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 0.00 0.00 0.00 0.00 0.81

ASX:JKA vs DLTZ, PTCO, BDCO: Debt-to-Asset Comparison

For the Oil & Gas E&P subindustry, Jacka Resources's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Jacka Resources Debt-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jacka Resources's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Jacka Resources's Debt-to-Asset falls into.


Jacka Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Jacka Resources's Debt-to-Asset for the fiscal year that ended in Jun. 2019 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 0) / 0.3
=0.00

Jacka Resources's Debt-to-Asset for the quarter that ended in Dec. 2019 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.478 + 0) / 0.588
=0.81

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.81 mean?
Jacka Resources (ASX:JKA) has a Debt-to-Asset of 0.81 as of Dec. 2019. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Jacka Resources and its competitors.
Is Jacka Resources' Debt-to-Asset too high?
Jacka Resources' current Debt-to-Asset is 0.81.
How does Jacka Resources' Debt-to-Asset compare to DLTZ and PTCO?
Jacka Resources' Debt-to-Asset of 0.81 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Jacka Resources and its competitors. Jacka Resources's current Debt-to-Asset is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jacka Resources stock overvalued right now?
Jacka Resources (ASX:JKA) has a current Debt-to-Asset of 0.81. The current Debt-to-Asset is 0.81. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Jacka Resources (ASX:JKA), the current Debt-to-Asset is 0.81 as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Jacka Resources Business Description

Industry EnergyOil & Gas
Address 216 St Georges Terrace, Level 11, London House, Perth, WA, AUS, 6000
Jacka Resources Ltd is an Australia-based oil and gas exploration company. The company is engaged in oil and gas exploration in Odewayne Block in Somaliland. The operating segment of the company is Oil and Gas Exploration in Australia and Africa.