Jones Soda CoJSDA +11.19%35 Debt-to-Equity is 2.13 as of Mar. 2026, which is 461% above its 10-year median of 0.38. GuruFocus rates JSDA with a GF Score™ of 35/100 and a GF Value™ of $0.36 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 106 Beverages - Non-Alcoholic companies, Jones Soda Co ranks worse than 95.28% on this metric.
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 Jones Soda Co's Debt-to-Equity or its related term are showing as below:
JSDA'
s Debt-to-Equity Range Over the Past 10 Years
Min: -4.21 Med: 0.38 Max: 20.34
Current: 2.13
During the past 13 years, the highest Debt-to-Equity Ratio of Jones Soda Co was 20.34. The lowest was -4.21. And the median was 0.38.
JSDA's Debt-to-Equity is ranked worse than 95.28% of 106
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.26
vs JSDA: 2.13
Jones Soda Co (OTCPK:JSDA) Debt-to-Equity Explanation
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.
Jones Soda Co Debt-to-Equity Related Terms
Jones Soda Co Debt-to-Equity Historical Data
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The historical data trend for Jones Soda Co'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.
JSDA vs BRFH, REED, MOJO: Debt-to-Equity Comparison
For the Beverages - Non-Alcoholic subindustry, Jones Soda Co'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.
Jones Soda Co Debt-to-Equity vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Jones Soda Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Jones Soda Co's Debt-to-Equity falls into.
* 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.
Jones Soda Co (JSDA) has a Debt-to-Equity of 2.13 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Jones Soda Co and its competitors. This is 461% above median its historical median of 0.38. According to the industry distribution chart, Jones Soda Co ranks #101 out of 106 companies in the Beverages - Non-Alcoholic industry, placing it in the top 95.3%.
Is Jones Soda Co's Debt-to-Equity too high?
Jones Soda Co's current Debt-to-Equity of 2.13 is 461% above median its 10-year median of 0.38. The Beverages - Non-Alcoholic industry median Debt-to-Equity is 0.26. Jones Soda Co's value of 2.13 is 719.2% above this industry median. Based on the distribution chart, Jones Soda Co ranks #101 out of 106 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Jones Soda Co has a GF Score™ of 35/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jones Soda Co's Debt-to-Equity compare to BRFH and REED?
According to the Beverages - Non-Alcoholic industry distribution chart, Jones Soda Co ranks #101 out of 106 companies for Debt-to-Equity. This places Jones Soda Co in the lower half of its industry. The industry median Debt-to-Equity is 0.26. Jones Soda Co's value of 2.13 is 719.2% above this benchmark. While the company's 10-year median is 0.38 vs. the industry median of 0.26, Jones Soda Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Beverages - Non-Alcoholic company?
The median Debt-to-Equity among Beverages - Non-Alcoholic companies is 0.26, based on 106 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jones Soda Co's current Debt-to-Equity of 2.13 is 719.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Jones Soda Co and its competitors. For the Beverages - Non-Alcoholic industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jones Soda Co's current Debt-to-Equity is 2.13, which is 461% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jones Soda Co stock overvalued right now?
Based on GuruFocus' analysis, Jones Soda Co (JSDA) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.36, compared to a current price of $0.32 — trading 10.7% below its estimated fair value. The current Debt-to-Equity is 2.13, which is 461% above median its 10-year median of 0.38 and 719.2% above the Beverages - Non-Alcoholic industry median of 0.26. Jones Soda Co's overall GF Score™ is 35/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Jones Soda Co (JSDA), the current Debt-to-Equity is 2.13 as of Mar. 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 Jones Soda Co (JSDA) Overvalued in 2026?
Based on GuruFocus' analysis, Jones Soda Co stock appears to be undervalued.
The current stock price of $0.32 is trading 10.7% below its estimated GF Value™ of $0.36.
GuruFocus considers Jones Soda Co to be Modestly Undervalued.
Key valuation signals for JSDA:
Debt-to-Equity: 2.13 (461% above median its 10-year median of 0.38)
GF Value™: $0.36 vs. price of $0.32 (10.7% below fair value)
Industry Position: 719.2% above the Beverages - Non-Alcoholic median (#101 of 106)
No single metric tells the full story. See the JSDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jones Soda Co develops, produces, markets, and distributes premium beverages which the company sells and distributes in the United States and Canada through its network of independent distributors and directly to its national and regional retail accounts. The company's products are sold in grocery stores, convenience and gas stores, on fountain in restaurants, up and down the street in independent accounts such as delicatessens, sandwich shops and burger restaurants, as well as through its national accounts with several large retailers. Geographically, the company generates a majority of its revenue from the United States.
35GF Score
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