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Just Kitchen Holdings (TSXV:JK) Equity-to-Asset : 0.36 (As of Mar. 2023)


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What is Just Kitchen Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Just Kitchen Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2023 was C$3.15 Mil. Just Kitchen Holdings's Total Assets for the quarter that ended in Mar. 2023 was C$8.84 Mil. Therefore, Just Kitchen Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.36.

The historical rank and industry rank for Just Kitchen Holdings's Equity-to-Asset or its related term are showing as below:

TSXV:JK's Equity-to-Asset is not ranked *
in the Restaurants industry.
Industry Median: 0.37
* Ranked among companies with meaningful Equity-to-Asset only.

Just Kitchen Holdings Equity-to-Asset Historical Data

The historical data trend for Just Kitchen Holdings'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.

Just Kitchen Holdings Equity-to-Asset Chart

Just Kitchen Holdings Annual Data
Trend Sep20 Sep21 Sep22
Equity-to-Asset
0.01 0.77 0.51

Just Kitchen Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.59 0.51 0.40 0.36

Competitive Comparison of Just Kitchen Holdings's Equity-to-Asset

For the Restaurants subindustry, Just Kitchen Holdings'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.


Just Kitchen Holdings's Equity-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Just Kitchen Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Just Kitchen Holdings's Equity-to-Asset falls into.



Just Kitchen Holdings 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.

Just Kitchen Holdings's Equity to Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Equity to Asset (A: Sep. 2022 )=Total Stockholders Equity/Total Assets
=6.743/13.132
=0.51

Just Kitchen Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=3.148/8.836
=0.36

* 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.


Just Kitchen Holdings  (TSXV:JK) 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%.


Just Kitchen Holdings Equity-to-Asset Related Terms

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Just Kitchen Holdings (TSXV:JK) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Just Kitchen Holdings Corp is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company combines advanced food preparation with underused real estate and leverages online mobile application-based food ordering and delivery companies reaching wider geographies, which includes under-served markets. The company's business model combines strategically located cloud kitchens or virtual kitchens in a hub-and-spoke infrastructure throughout high-density urban areas.

Just Kitchen Holdings (TSXV:JK) Headlines

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