Just Kitchen Holdings (Just Kitchen Holdings) Debt-to-Equity : 0.99 (As of Mar. 2023)

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What is Just Kitchen Holdings Debt-to-Equity?

Just Kitchen Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $1.02 Mil. Just Kitchen Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $1.26 Mil. Just Kitchen Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $2.30 Mil. Just Kitchen Holdings's debt to equity for the quarter that ended in Mar. 2023 was 0.99.

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

JKHCF's Debt-to-Equity is not ranked ^*
in the Restaurants industry.
Industry Median: 0.94
* Ranked among companies with meaningful Debt-to-Equity only.

Just Kitchen Holdings Debt-to-Equity Historical Data

The historical data trend for Just Kitchen 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.

Just Kitchen Holdings Debt-to-Equity Chart

Just Kitchen Holdings Annual Data

Trend

Sep20

Sep21

Sep22

Debt-to-Equity

100.50

0.14

0.53

Just Kitchen Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial								0.24	0.37	0.53	0.82	0.99

Competitive Comparison of Just Kitchen Holdings's Debt-to-Equity

For the Restaurants subindustry, Just Kitchen 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.

Just Kitchen Holdings's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Just Kitchen Holdings's Debt-to-Equity distribution charts can be found below:

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

Just Kitchen Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Just Kitchen Holdings's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(1.02	+	1.633)	/	5.055
	=	0.52

Just Kitchen Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(1.022	+	1.257)	/	2.301
	=	0.99

Just Kitchen Holdings (OTCPK:JKHCF) 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.

Just Kitchen Holdings Debt-to-Equity Related Terms

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Just Kitchen Holdings (Just Kitchen Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Just Kitchen Holdings Corp (OTCPK:JKHCF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

68Z:Germany JK:Canada

Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6

Website

https://en.justkitchen.com

Just Kitchen Holdings Corp is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company combines advanced food preparation with underused real estate and leverages online mobile application-based food ordering and delivery companies reaching wider geographies, which includes under-served markets. The company's business model combines strategically located cloud kitchens or virtual kitchens in a hub-and-spoke infrastructure throughout high-density urban areas.

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