JCYCF (Jardine Cycle & Carriage) Debt-to-Asset : 0.23 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JCYCF Jardine Cycle & Carriage Ltd JCYCF
71 GF Score
Price $22.10
GF Value $20.52
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Jardine Cycle & Carriage Debt-to-Asset?

Jardine Cycle & Carriage JCYCF 71 Debt-to-Asset is 0.23 as of Jun. 2026. GuruFocus rates JCYCF with a GF Score™ of 71/100 and a GF Value™ of $20.52 (Fairly Valued). The stock has 3 warning signs investors should review.

Jardine Cycle & Carriage's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $4,613 Mil. Jardine Cycle & Carriage's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $2,629 Mil. Jardine Cycle & Carriage's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $31,465 Mil. Jardine Cycle & Carriage's debt to asset for the quarter that ended in Jun. 2026 was 0.23.


Jardine Cycle & Carriage  (OTCPK:JCYCF) 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.


Jardine Cycle & Carriage Debt-to-Asset Related Terms


Jardine Cycle & Carriage Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Jardine Cycle & Carriage'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.

Jardine Cycle & Carriage Debt-to-Asset Chart

Jardine Cycle & Carriage Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.21 0.23 0.23 0.22

Jardine Cycle & Carriage Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 Premium Member Only 0.24 0.23 0.23 0.22 0.23

JCYCF vs MMM, HON: Debt-to-Asset Comparison

For the Conglomerates subindustry, Jardine Cycle & Carriage'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.


Jardine Cycle & Carriage Debt-to-Asset vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jardine Cycle & Carriage's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Jardine Cycle & Carriage's Debt-to-Asset falls into.


JCYCF
71GF Score
Jardine Cycle & Carriage Ltd JCYCF
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jardine Cycle & Carriage Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Jardine Cycle & Carriage's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(4320.6 + 3114.4) / 33218.3
=0.22

Jardine Cycle & Carriage's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(4613.3 + 2629.1) / 31464.9
=0.23

* 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 0.23 mean?
Jardine Cycle & Carriage (JCYCF) has a Debt-to-Asset of 0.23 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Jardine Cycle & Carriage and its competitors.
Is Jardine Cycle & Carriage's Debt-to-Asset too high?
Jardine Cycle & Carriage's current Debt-to-Asset is 0.23. Overall, Jardine Cycle & Carriage has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jardine Cycle & Carriage's Debt-to-Asset compare to MMM and HON?
Jardine Cycle & Carriage's Debt-to-Asset of 0.23 can be compared against companies in the Conglomerates 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 a Conglomerates company?
A good Debt-to-Asset depends on the Conglomerates 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 Jardine Cycle & Carriage and its competitors. Jardine Cycle & Carriage's current Debt-to-Asset is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jardine Cycle & Carriage stock overvalued right now?
Based on GuruFocus' analysis, Jardine Cycle & Carriage (JCYCF) is currently considered Fairly Valued. The stock's GF Value™ is $20.52, compared to a current price of $22.10 — trading 7.7% above its estimated fair value. The current Debt-to-Asset is 0.23. Jardine Cycle & Carriage's overall GF Score™ is 71/100 with 3 warning signs to review. 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 Jardine Cycle & Carriage (JCYCF), the current Debt-to-Asset is 0.23 as of Jun. 2026. 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.

Is Jardine Cycle & Carriage (JCYCF) Overvalued in 2026?

Based on GuruFocus' analysis, Jardine Cycle & Carriage stock appears to be overvalued. The current stock price of $22.10 is trading 7.7% above its estimated GF Value™ of $20.52. GuruFocus considers Jardine Cycle & Carriage to be Fairly Valued.

Key valuation signals for JCYCF:

  • Debt-to-Asset: 0.23
  • GF Value™: $20.52 vs. price of $22.10 (7.7% above fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the JCYCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jardine Cycle & Carriage Business Description

Address 239 Alexandra Road, Singapore, SGP, 159930
Jardine Cycle & Carriage Ltd is an investment holding conglomerate focused on investments in the manufacture and distribution of motor vehicles in Southeast Asia. Its segments are Astra, Thaco, Cycle & Carriage. The Astra segment includes the company's controlling interest in Astra International, an automotive group in Southeast Asia; THACO is a multi-industry group; Cycle & Carriage represents a broad range of automotive brands across its established network in Singapore and Malaysia.
71GF Score

Get the complete analysis for JCYCF

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.10
Price
$20.52
GF Value