Janco Holdings (HKSE:08035) Debt-to-Equity : 1.26 (As of Jun. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Janco Holdings Debt-to-Equity?

Janco Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$36.2 Mil. Janco Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$30.5 Mil. Janco Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$52.8 Mil. Janco Holdings's debt to equity for the quarter that ended in Jun. 2024 was 1.26.

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

HKSE:08035' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 2.24 Max: 4.39
Current: 1.26

During the past 10 years, the highest Debt-to-Equity Ratio of Janco Holdings was 4.39. The lowest was 0.01. And the median was 2.24.

HKSE:08035's Debt-to-Equity is ranked worse than
78.82% of 883 companies
in the Transportation industry
Industry Median: 0.53 vs HKSE:08035: 1.26

Janco Holdings Debt-to-Equity Historical Data

The historical data trend for Janco 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.

Janco Holdings Debt-to-Equity Chart

Janco Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

4.32

2.95

2.43

2.24

0.40

Janco Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	2.31	N/A	0.40	1.26

Competitive Comparison of Janco Holdings's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Janco 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.

Janco Holdings's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Janco Holdings's Debt-to-Equity distribution charts can be found below:

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

Janco Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Janco Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(16.773	+	7.676)	/	60.881
	=	0.40

Janco Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 2024 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
	=	(36.19	+	30.487)	/	52.847
	=	1.26

Janco Holdings (HKSE:08035) 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.

Janco Holdings Debt-to-Equity Related Terms

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

Janco Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Janco Holdings Ltd (HKSE:08035) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 223 Wai Yip Street, Unit 1608, 16th Floor, Tower A, Manulife Financial Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.jancofreight.com

Janco Holdings Ltd is a freight forwarding and logistics service provider. The company's operating segments are Freight forwarding which includes the provision of air freight and ocean freight forwarding services; Logistics and warehousing includes the provision of warehousing and other ancillary logistics services; and E-Commerce deals in the trading of electronic products through an online platform, It generates a majority of its revenue from Freight forwarding segment. The group's operations are located in Hong Kong.

Executives

Million Venture Holdings Limited	2101 Beneficial owner
Cheng Hon Yat	2202 Interest of your spouse
Tai Choi Wan Noel	2201 Interest of corporation controlled by you
Chan Chun Shing Otto	2101 Beneficial owner

Janco Holdings Headlines

No Headlines