JUSHF (Jushi Holdings) Debt-to-Equity : -6.50 (As of Sep. 2024)

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What is Jushi Holdings Debt-to-Equity?

Jushi Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $15.7 Mil. Jushi Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $235.7 Mil. Jushi Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-38.7 Mil. Jushi Holdings's debt to equity for the quarter that ended in Sep. 2024 was -6.50.

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

JUSHF' s Debt-to-Equity Range Over the Past 10 Years
Min: -552.6 Med: 1.2 Max: 30.23
Current: -6.5

During the past 13 years, the highest Debt-to-Equity Ratio of Jushi Holdings was 30.23. The lowest was -552.60. And the median was 1.20.

JUSHF's Debt-to-Equity is not ranked
in the Drug Manufacturers industry.
Industry Median: 0.27 vs JUSHF: -6.50

Jushi Holdings Debt-to-Equity Historical Data

The historical data trend for Jushi 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.

Jushi Holdings Debt-to-Equity Chart

Jushi Holdings Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-553.29

1.24

6.79

-47.95

Jushi Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															30.23	-47.95	-12.31	-11.27	-6.50

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

For the Drug Manufacturers - Specialty & Generic subindustry, Jushi 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.

Jushi Holdings's Debt-to-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Jushi Holdings's Debt-to-Equity distribution charts can be found below:

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

Jushi Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jushi 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
	=	(100.092	+	198.741)	/	-6.232
	=	-47.95

Jushi Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(15.727	+	235.704)	/	-38.686
	=	-6.50

Jushi Holdings (OTCPK:JUSHF) 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.

Jushi Holdings Debt-to-Equity Related Terms

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Jushi Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Jushi Holdings Inc (OTCPK:JUSHF) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

JUSH:Canada

Address

301 Yamato Road, Suite 3250, Boca Raton, FL, USA, 33431

Website

https://www.jushico.com

Jushi Holdings Inc is a vertically integrated multi-state cannabis and hemp operator engaged in retail, distribution, cultivation, and processing in both medical and adult-use markets. The company operates a diverse portfolio of branded cannabis and hemp-derived assets, built upon opportunistic acquisitions, distressed deals, and competitive applications. Operating under the Jushi umbrella is the BEYOND / HELLO retail brand of cannabis dispensaries, hemp-based CBD brand, Nira, including its brands, The Lab: Concentrates and The Bank: Flower + Genetics, as well as its precision-formulated line of medical cannabis products Nira Plus. Jushi strives to maximize shareholder value while delivering high-premium products across all levels of the cannabis and hemp ecosystem.