JTF International Holdings (HKSE:09689) Debt-to-Equity : 0.01 (As of Jun. 2023)

View and export this data going back to 2018. Start your Free Trial

What is JTF International Holdings Debt-to-Equity?

JTF International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$1 Mil. JTF International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$4 Mil. JTF International Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$448 Mil. JTF International Holdings's debt to equity for the quarter that ended in Jun. 2023 was 0.01.

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 JTF International Holdings's Debt-to-Equity or its related term are showing as below:

HKSE:09689' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.02
Current: 0.01

During the past 9 years, the highest Debt-to-Equity Ratio of JTF International Holdings was 0.02. The lowest was 0.01. And the median was 0.02.

HKSE:09689's Debt-to-Equity is ranked better than
99.88% of 835 companies
in the Oil & Gas industry
Industry Median: 0.45 vs HKSE:09689: 0.01

JTF International Holdings Debt-to-Equity Historical Data

The historical data trend for JTF International Holdings'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.

JTF International Holdings Debt-to-Equity Chart

JTF International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.01

JTF International Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															N/A	0.01	N/A	0.01	0.01

Competitive Comparison of JTF International Holdings's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, JTF International Holdings'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.

JTF International Holdings's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, JTF International Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where JTF International Holdings's Debt-to-Equity falls into.

JTF International Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JTF International Holdings'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
	=	(0.775	+	3.604)	/	471.964
	=	0.01

JTF International Holdings's Debt to Equity Ratio for the quarter 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
	=	(1.472	+	3.711)	/	448.324
	=	0.01

JTF International Holdings (HKSE:09689) 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.

JTF International Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of JTF International Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

JTF International Holdings (HKSE:09689) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » JTF International Holdings Ltd (HKSE:09689) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35, Yanjiang Road, Shazhuang Tujiang Village, Shitan Town, Zengcheng District, Guangdong Province, Guangzhou, CHN

Website

https://www.jtfoil.com

JTF International Holdings Ltd is an investment holding company. It is engaged in the blending and sale of fuel oil, refined oil, and other petrochemicals in China. Its products are primarily used as fuels in marine vessels, vehicles, & machinery equipment, for retail sale at gas stations, and as raw materials for oil refineries. It generates the majority of its revenue from the sale of refined oil.

JTF International Holdings (HKSE:09689) Headlines

No Headlines