JB Hi Fi (FRA:JB3) Debt-to-Equity : 0.40 (As of Dec. 2023)

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What is JB Hi Fi Debt-to-Equity?

JB Hi Fi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €112 Mil. JB Hi Fi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €271 Mil. JB Hi Fi's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €951 Mil. JB Hi Fi's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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 JB Hi Fi's Debt-to-Equity or its related term are showing as below:

FRA:JB3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.47 Max: 1.01
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of JB Hi Fi was 1.01. The lowest was 0.27. And the median was 0.47.

FRA:JB3's Debt-to-Equity is ranked better than
61.34% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs FRA:JB3: 0.40

JB Hi Fi Debt-to-Equity Historical Data

The historical data trend for JB Hi Fi'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.

JB Hi Fi Debt-to-Equity Chart

JB Hi Fi Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.42

0.67

0.48

0.47

0.46

JB Hi Fi Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.42	0.47	0.39	0.46	0.40

Competitive Comparison of JB Hi Fi's Debt-to-Equity

For the Specialty Retail subindustry, JB Hi Fi'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.

JB Hi Fi's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, JB Hi Fi's Debt-to-Equity distribution charts can be found below:

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

JB Hi Fi Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JB Hi Fi's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(107.849	+	297.962)	/	879.39
	=	0.46

JB Hi Fi'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
	=	(112.016	+	270.926)	/	950.881
	=	0.40

JB Hi Fi (FRA:JB3) 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.

JB Hi Fi Debt-to-Equity Related Terms

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JB Hi Fi (FRA:JB3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » JB Hi Fi Ltd (FRA:JB3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JBHHY:USA JBH:Australia

Address

60 City Road, Podium Level, Southbank, Melbourne, VIC, AUS, 3006

Website

https://www.jbhifi.com.au

JB Hi-Fi Limited is a specialty retailer of branded home entertainment products. The group's products particularly focus on consumer electronics, electrical goods, and white goods through its JB Hi-Fi, JB Hi-Fi Home, and The Good Guys stores. The company primarily operates from stand-alone destination sites and shopping centres in Australia and New Zealand, but the online platform is becoming increasingly important.

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