Jarvis Securities (LSE:JIM) Debt-to-Equity : 0.06 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Jarvis Securities Debt-to-Equity?

Jarvis Securities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.07 Mil. Jarvis Securities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.22 Mil. Jarvis Securities's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £5.04 Mil. Jarvis Securities's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 Jarvis Securities's Debt-to-Equity or its related term are showing as below:

LSE:JIM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.07
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Jarvis Securities was 0.07. The lowest was 0.01. And the median was 0.04.

LSE:JIM's Debt-to-Equity is ranked better than
77.83% of 609 companies
in the Capital Markets industry
Industry Median: 0.38 vs LSE:JIM: 0.06

Jarvis Securities Debt-to-Equity Historical Data

The historical data trend for Jarvis Securities'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.

Jarvis Securities Debt-to-Equity Chart

Jarvis Securities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.04

0.02

0.01

0.07

0.06

Jarvis Securities 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															0.01	-	0.07	0.07	0.06

Competitive Comparison of Jarvis Securities's Debt-to-Equity

For the Capital Markets subindustry, Jarvis Securities'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.

Jarvis Securities's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jarvis Securities's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jarvis Securities's Debt-to-Equity falls into.

Jarvis Securities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jarvis Securities'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
	=	(0.074	+	0.224)	/	5.044
	=	0.06

Jarvis Securities'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
	=	(0.074	+	0.224)	/	5.044
	=	0.06

Jarvis Securities (LSE:JIM) 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.

Jarvis Securities Debt-to-Equity Related Terms

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

Jarvis Securities (LSE:JIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jarvis Securities PLC (LSE:JIM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

78 Mount Ephraim, Royal Tunbridge Wells, Kent, GBR, TN4 8BS

Website

http://www.jarvisinvest.co.uk

Jarvis Securities PLC operates in the financial services sector. Its core business is to provide retail execution-only stockbroking, ISA (Individual saving account), and SIPP (Self-invested personal pension) investment wrappers, savings schemes, financial administration, settlement, and custody services to stockbrokers, investment firms, and individuals. The company also provides outsourced financial administration services to various investment firms. Its operations are principally carried out in the United Kingdom.

Jarvis Securities (LSE:JIM) Headlines

No Headlines