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Jamaica Broilers Group (XJAM:JBG) Equity-to-Asset : 0.35 (As of Oct. 2023)


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What is Jamaica Broilers Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jamaica Broilers Group's Total Stockholders Equity for the quarter that ended in Oct. 2023 was JMD27,533 Mil. Jamaica Broilers Group's Total Assets for the quarter that ended in Oct. 2023 was JMD78,426 Mil. Therefore, Jamaica Broilers Group's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.35.

The historical rank and industry rank for Jamaica Broilers Group's Equity-to-Asset or its related term are showing as below:

XJAM:JBG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.41   Max: 0.55
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Jamaica Broilers Group was 0.55. The lowest was 0.33. And the median was 0.41.

XJAM:JBG's Equity-to-Asset is ranked worse than
75.66% of 1935 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs XJAM:JBG: 0.35

Jamaica Broilers Group Equity-to-Asset Historical Data

The historical data trend for Jamaica Broilers Group's Equity-to-Asset 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.

Jamaica Broilers Group Equity-to-Asset Chart

Jamaica Broilers Group Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.36 0.37 0.35 0.33

Jamaica Broilers Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.35 0.33 0.34 0.35

Competitive Comparison of Jamaica Broilers Group's Equity-to-Asset

For the Farm Products subindustry, Jamaica Broilers Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Jamaica Broilers Group's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jamaica Broilers Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Jamaica Broilers Group's Equity-to-Asset falls into.



Jamaica Broilers Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Jamaica Broilers Group's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Equity to Asset (A: Apr. 2023 )=Total Stockholders Equity/Total Assets
=25347.608/77413.585
=0.33

Jamaica Broilers Group's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )=Total Stockholders Equity/Total Assets
=27532.74/78425.818
=0.35

* 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.


Jamaica Broilers Group  (XJAM:JBG) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Jamaica Broilers Group Equity-to-Asset Related Terms

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Jamaica Broilers Group (XJAM:JBG) Business Description

Traded in Other Exchanges
N/A
Address
Content, McCook’s Pen, Saint Catherine, JAM
Jamaica Broilers Group Ltd is a Jamaica-based company engaged in the production and distribution of poultry products, animal feeds, and agricultural items. Its segments consist of Jamaica operations, US operations, Haiti operations, and Other Caribbean operations. The company's brands include Reggae Jammin, The Best Dressed Chicken, Hamilton's Smokehouse, Le Chic Poulet, Hi-Pro, International Poultry Breeders, Wincorp International, and Jamaica Egg Services. The majority of the revenue is derived from its Jamaica operations.

Jamaica Broilers Group (XJAM:JBG) Headlines

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