J&J Snack Foods (STU:JJ1) Debt-to-Equity : 0.20 (As of Mar. 2024)

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What is J&J Snack Foods Debt-to-Equity?

J&J Snack Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €18 Mil. J&J Snack Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €146 Mil. J&J Snack Foods's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €842 Mil. J&J Snack Foods's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

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 J&J Snack Foods's Debt-to-Equity or its related term are showing as below:

STU:JJ1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.22
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of J&J Snack Foods was 0.22. The lowest was 0.00. And the median was 0.00.

STU:JJ1's Debt-to-Equity is ranked better than
72.28% of 1638 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs STU:JJ1: 0.20

J&J Snack Foods Debt-to-Equity Historical Data

The historical data trend for J&J Snack Foods'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.

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J&J Snack Foods Debt-to-Equity Chart

J&J Snack Foods Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.08

0.07

0.13

J&J Snack Foods Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.17	0.19	0.13	0.16	0.20

Competitive Comparison of J&J Snack Foods's Debt-to-Equity

For the Packaged Foods subindustry, J&J Snack Foods'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.

J&J Snack Foods's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, J&J Snack Foods's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where J&J Snack Foods's Debt-to-Equity falls into.

J&J Snack Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

J&J Snack Foods's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(15.628	+	98.601)	/	854.092
	=	0.13

J&J Snack Foods's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(17.801	+	146.493)	/	842.4
	=	0.20

J&J Snack Foods (STU:JJ1) 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.

J&J Snack Foods Debt-to-Equity Related Terms

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J&J Snack Foods (STU:JJ1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » J&J Snack Foods Corp (STU:JJ1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JJSF:USA

Address

350 Fellowship Road, Mt. Laurel, NJ, USA, 08054

Website

https://www.jjsnack.com

J&J Snack Foods Corp manufactures, markets, and distributes snack foods and beverages to foodservice and retail supermarket outlets. The company's products include frozen beverages, juice, fruit bars, sorbet, cakes, and cookies that are distributed to various consumers, including restaurants, supermarkets, convenience stores, universities, theaters, and theme parks. The company operates in three business segments: food service, which sells snacks, desserts, and baked goods at the point-of-sale; retail supermarkets, which sells frozen and prepackaged products to supermarkets; and frozen beverages, which sells frozen beverages under brands Icee, Slush puppie, and Parrot ice in the United States, Mexico, and Canada.

J&J Snack Foods (STU:JJ1) Headlines

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