Jemtec (TSXV:JTC) Debt-to-Equity : 0.10 (As of Jan. 2025)

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What is Jemtec Debt-to-Equity?

Jemtec's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2025 was C$0.09 Mil. Jemtec's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2025 was C$0.16 Mil. Jemtec's Total Stockholders Equity for the quarter that ended in Jan. 2025 was C$2.46 Mil. Jemtec's debt to equity for the quarter that ended in Jan. 2025 was 0.10.

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

TSXV:JTC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.14
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Jemtec was 0.14. The lowest was 0.00. And the median was 0.01.

TSXV:JTC's Debt-to-Equity is ranked better than
72.88% of 2172 companies
in the Hardware industry
Industry Median: 0.28 vs TSXV:JTC: 0.10

Jemtec Debt-to-Equity Historical Data

The historical data trend for Jemtec'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.

Jemtec Debt-to-Equity Chart

Jemtec Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Debt-to-Equity

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0.01

0.02

0.14

0.10

Jemtec Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Debt-to-Equity	Get a 7-Day Free Trial															0.01	-	0.10	0.11	0.10

Competitive Comparison of Jemtec's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Jemtec'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.

Jemtec's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jemtec's Debt-to-Equity distribution charts can be found below:

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

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Jemtec Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jemtec's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(0.063	+	0.175)	/	2.386
	=	0.10

Jemtec's Debt to Equity Ratio for the quarter that ended in Jan. 2025 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
	=	(0.085	+	0.16)	/	2.463
	=	0.10

Jemtec (TSXV:JTC) 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.

Jemtec Debt-to-Equity Related Terms

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

Jemtec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jemtec Inc (TSXV:JTC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Fell Avenue, Suite 200, North Vancouver, Vancouver, BC, CAN, V7P 3S2

Website

https://www.jemtec.ca

Jemtec Inc is a provider of services and technologies for offender monitoring. The company's services include positioning systems, electronic monitoring, alcohol detection, and voice verification technologies. The Company's core business is the provision of services and technologies for offender monitoring with Canadian federal and provincial correctional departments. It also provides bail services. The company earns maximum revenue in the form of leasing, monitoring, activation, and bail.

Executives

Gordon Baker	Director
Paul Crossett	10% Security Holder
Eric Caton	Director, Senior Officer

Jemtec Headlines

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