Just Kitchen Holdings (FRA:68Z) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Just Kitchen Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Just Kitchen Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.20.

Just Kitchen Holdings's long-term debt to total assets ratio increased from Mar. 2022 (0.10) to Mar. 2023 (0.20). It may suggest that Just Kitchen Holdings is progressively becoming more dependent on debt to grow their business.

Just Kitchen Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Just Kitchen Holdings's LT-Debt-to-Total-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 LT-Debt-to-Total-Asset Chart

Just Kitchen Holdings Annual Data

Trend

Sep20

Sep21

Sep22

LT-Debt-to-Total-Asset

0.52

0.07

0.17

Just Kitchen Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.10	0.14	0.17	0.20	0.20

Just Kitchen Holdings LT-Debt-to-Total-Asset Calculation

Just Kitchen Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (A: Sep. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2022 )	/	Total Assets (A: Sep. 2022 )
	=	1.649	/	9.943
	=	0.17

Just Kitchen Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	1.174	/	6.031
	=	0.19

Just Kitchen Holdings (FRA:68Z) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Just Kitchen Holdings LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Just Kitchen Holdings's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Just Kitchen Holdings (FRA:68Z) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Just Kitchen Holdings Corp (FRA:68Z) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

JKHCF:USA JK:Canada

Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6

Website

https://en.justkitchen.com

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 (FRA:68Z) Headlines

No Headlines