Jacob Finance And Investments (XTAE:JCFN) Debt-to-Equity : 3.77 (As of Dec. 2023)

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What is Jacob Finance And Investments Debt-to-Equity?

Jacob Finance And Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪0.00 Mil. Jacob Finance And Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪1,138.14 Mil. Jacob Finance And Investments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪301.83 Mil. Jacob Finance And Investments's debt to equity for the quarter that ended in Dec. 2023 was 3.77.

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 Jacob Finance And Investments's Debt-to-Equity or its related term are showing as below:

XTAE:JCFN' s Debt-to-Equity Range Over the Past 10 Years
Min: 3.77 Med: 23.22 Max: 739.85
Current: 3.77

During the past 5 years, the highest Debt-to-Equity Ratio of Jacob Finance And Investments was 739.85. The lowest was 3.77. And the median was 23.22.

XTAE:JCFN's Debt-to-Equity is ranked worse than
82.22% of 433 companies
in the Credit Services industry
Industry Median: 1.13 vs XTAE:JCFN: 3.77

Jacob Finance And Investments Debt-to-Equity Historical Data

The historical data trend for Jacob Finance And Investments'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.

Jacob Finance And Investments Debt-to-Equity Chart

Jacob Finance And Investments Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

739.85

41.16

5.27

3.77

Jacob Finance And Investments Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											5.27	4.72	4.37	4.52	3.77

Competitive Comparison of Jacob Finance And Investments's Debt-to-Equity

For the Credit Services subindustry, Jacob Finance And Investments'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.

Jacob Finance And Investments's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Jacob Finance And Investments's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jacob Finance And Investments's Debt-to-Equity falls into.

Jacob Finance And Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jacob Finance And Investments'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
	=	(0	+	1138.136)	/	301.827
	=	3.77

Jacob Finance And Investments's Debt to Equity Ratio for the quarter 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
	=	(0	+	1138.136)	/	301.827
	=	3.77

Jacob Finance And Investments (XTAE:JCFN) 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.

Jacob Finance And Investments Debt-to-Equity Related Terms

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Jacob Finance And Investments (XTAE:JCFN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Jacob Finance And Investments Ltd (XTAE:JCFN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

HaBarzel 38, Tel Aviv, ISR, 6971054

Website

Jacob Finance And Investments Ltd is engaged in providing non-bank credit services.

Jacob Finance And Investments (XTAE:JCFN) Headlines

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