Jayud Global Logistics (Jayud Global Logistics) Debt-to-Equity : -2.81 (As of Dec. 2023)

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What is Jayud Global Logistics Debt-to-Equity?

Jayud Global Logistics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.86 Mil. Jayud Global Logistics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.24 Mil. Jayud Global Logistics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-2.53 Mil. Jayud Global Logistics's debt to equity for the quarter that ended in Dec. 2023 was -2.81.

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 Jayud Global Logistics's Debt-to-Equity or its related term are showing as below:

JYD' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.81 Med: 1.67 Max: 2.46
Current: -2.81

During the past 4 years, the highest Debt-to-Equity Ratio of Jayud Global Logistics was 2.46. The lowest was -2.81. And the median was 1.67.

JYD's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.56 vs JYD: -2.81

Jayud Global Logistics Debt-to-Equity Historical Data

The historical data trend for Jayud Global Logistics'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.

Jayud Global Logistics Debt-to-Equity Chart

Jayud Global Logistics Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.46

1.81

1.54

-2.81

Jayud Global Logistics Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			1.81	1.54	1.54	1.36	-2.81

Competitive Comparison of Jayud Global Logistics's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Jayud Global Logistics'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.

Jayud Global Logistics's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jayud Global Logistics's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jayud Global Logistics's Debt-to-Equity falls into.

Jayud Global Logistics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jayud Global Logistics'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
	=	(5.856	+	1.243)	/	-2.529
	=	-2.81

Jayud Global Logistics'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
	=	(5.856	+	1.243)	/	-2.529
	=	-2.81

Jayud Global Logistics (NAS:JYD) 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.

Jayud Global Logistics Debt-to-Equity Related Terms

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Jayud Global Logistics (Jayud Global Logistics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jayud Global Logistics Ltd (NAS:JYD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shenyan Road, 4th Floor, Building 4, Shatoujiao Free Trade Zone, Yantian District, Shenzhen, CHN

Website

https://www.jayud.com

Jayud Global Logistics Ltd is a end-to-end supply chain solution providers in China, with a focus on providing cross-border logistics services. It offers freight forwarding services, (ii) supply chain management, and (iii) other value-added services.