JCSE Debt Ratio from 2010 to 2024

JCSE Stock  USD 1.12  0.02  1.75%   
JE Cleantech's Debt Ratio is decreasing over the years with slightly volatile fluctuation. Debt Ratio is expected to dwindle to 0.21. During the period from 2010 to 2024 JE Cleantech Debt Ratio annual values regression line had geometric mean of  0.49 and mean square error of  0.01. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.22486124
Current Value
0.21
Quarterly Volatility
0.14423786
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check JE Cleantech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JE Cleantech's main balance sheet or income statement drivers, such as Tax Provision of 193 K, Depreciation And Amortization of 596.6 K or Interest Expense of 405.2 K, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0015 or PTB Ratio of 0.28. JCSE financial statements analysis is a perfect complement when working with JE Cleantech Valuation or Volatility modules.
  
Check out the analysis of JE Cleantech Correlation against competitors.

Latest JE Cleantech's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of JE Cleantech Holdings over the last few years. It is JE Cleantech's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in JE Cleantech's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

JCSE Debt Ratio Regression Statistics

Arithmetic Mean0.51
Geometric Mean0.49
Coefficient Of Variation28.16
Mean Deviation0.11
Median0.59
Standard Deviation0.14
Sample Variance0.02
Range0.4083
R-Value(0.72)
Mean Square Error0.01
R-Squared0.51
Significance0
Slope(0.02)
Total Sum of Squares0.29

JCSE Debt Ratio History

2024 0.21
2023 0.22
2022 0.29
2021 0.62
2020 0.48

Other Fundumenentals of JE Cleantech Holdings

JE Cleantech Debt Ratio component correlations

1.0-0.560.9-0.990.24-0.39-0.870.11-0.950.980.790.990.78-0.571.00.960.95-0.480.96-0.65
1.0-0.560.88-0.990.26-0.39-0.830.12-0.930.960.770.990.77-0.571.00.960.94-0.480.96-0.6
-0.56-0.56-0.520.620.630.750.610.730.71-0.57-0.55-0.57-0.580.13-0.56-0.65-0.530.06-0.650.39
0.90.88-0.52-0.930.22-0.47-0.940.03-0.90.950.750.880.91-0.740.880.920.96-0.670.92-0.91
-0.99-0.990.62-0.93-0.190.480.88-0.020.96-0.98-0.78-0.99-0.830.61-0.99-0.98-0.970.53-0.980.7
0.240.260.630.22-0.190.43-0.050.920.020.180.060.220.16-0.50.250.170.23-0.510.17-0.15
-0.39-0.390.75-0.470.480.430.330.730.43-0.37-0.08-0.39-0.590.51-0.39-0.55-0.490.49-0.550.44
-0.87-0.830.61-0.940.88-0.050.330.040.94-0.94-0.9-0.84-0.830.49-0.84-0.86-0.880.41-0.860.85
0.110.120.730.03-0.020.920.730.040.090.080.060.1-0.13-0.140.11-0.040.06-0.15-0.040.06
-0.95-0.930.71-0.90.960.020.430.940.09-0.98-0.84-0.95-0.750.42-0.94-0.9-0.930.32-0.90.7
0.980.96-0.570.95-0.980.18-0.37-0.940.08-0.980.820.970.79-0.550.960.920.97-0.460.92-0.76
0.790.77-0.550.75-0.780.06-0.08-0.90.06-0.840.820.750.7-0.250.770.770.68-0.150.77-0.59
0.990.99-0.570.88-0.990.22-0.39-0.840.1-0.950.970.750.73-0.530.990.930.96-0.440.93-0.62
0.780.77-0.580.91-0.830.16-0.59-0.83-0.13-0.750.790.70.73-0.810.770.910.82-0.760.91-0.85
-0.57-0.570.13-0.740.61-0.50.510.49-0.140.42-0.55-0.25-0.53-0.81-0.56-0.69-0.690.99-0.690.74
1.01.0-0.560.88-0.990.25-0.39-0.840.11-0.940.960.770.990.77-0.560.960.94-0.480.96-0.61
0.960.96-0.650.92-0.980.17-0.55-0.86-0.04-0.90.920.770.930.91-0.690.960.92-0.611.0-0.71
0.950.94-0.530.96-0.970.23-0.49-0.880.06-0.930.970.680.960.82-0.690.940.92-0.620.92-0.8
-0.48-0.480.06-0.670.53-0.510.490.41-0.150.32-0.46-0.15-0.44-0.760.99-0.48-0.61-0.62-0.610.71
0.960.96-0.650.92-0.980.17-0.55-0.86-0.04-0.90.920.770.930.91-0.690.961.00.92-0.61-0.71
-0.65-0.60.39-0.910.7-0.150.440.850.060.7-0.76-0.59-0.62-0.850.74-0.61-0.71-0.80.71-0.71
Click cells to compare fundamentals

About JE Cleantech Financial Statements

JE Cleantech stakeholders use historical fundamental indicators, such as JE Cleantech's Debt Ratio, to determine how well the company is positioned to perform in the future. Although JE Cleantech investors may analyze each financial statement separately, they are all interrelated. For example, changes in JE Cleantech's assets and liabilities are reflected in the revenues and expenses on JE Cleantech's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in JE Cleantech Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Ratio 0.22  0.21 
Cash Flow To Debt Ratio 0.17  0.18 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether JE Cleantech Holdings is a strong investment it is important to analyze JE Cleantech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JE Cleantech's future performance. For an informed investment choice regarding JCSE Stock, refer to the following important reports:
Check out the analysis of JE Cleantech Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JE Cleantech. If investors know JCSE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JE Cleantech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.143
Earnings Share
0.12
Revenue Per Share
3.987
Quarterly Revenue Growth
0.219
Return On Assets
0.0249
The market value of JE Cleantech Holdings is measured differently than its book value, which is the value of JCSE that is recorded on the company's balance sheet. Investors also form their own opinion of JE Cleantech's value that differs from its market value or its book value, called intrinsic value, which is JE Cleantech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JE Cleantech's market value can be influenced by many factors that don't directly affect JE Cleantech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JE Cleantech's value and its price as these two are different measures arrived at by different means. Investors typically determine if JE Cleantech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JE Cleantech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.