Jiuzi Holdings (JZXN) Debt Ratio (2021 - 2023)

Jiuzi Holdings (JZXN) posted quarterly Debt Ratio of 0.18 for Q4 2023, down 43.24% year-over-year from 0.32 in Q4 2022, and down 28.68% quarter-over-quarter from 0.26 in Q2 2023.

Jiuzi Holdings (JZXN) Debt Ratio (2021 - 2023) Analysis & Trends

Jiuzi Holdings (JZXN) has reported Debt Ratio for 3 consecutive years, with 0.18 the latest figure, recorded in Q4 2023.

  • In Q4 2023, Debt Ratio fell 43.24% year-over-year to 0.18; the TTM figure through Oct 2023 stood at 0.18 (down 43.24% YoY), while the FY2023 annual figure was 0.18, down 43.24% from the prior year.
  • Debt Ratio declined to 0.18 in Q4 2023 per JZXN's latest filing, from 0.26 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.32 in Q4 2022 and bottomed at 0.07 in Q4 2021.
  • Historically, Debt Ratio has averaged 0.21 across 3 years, with a median of 0.22 in 2023.
  • Annual changes were most pronounced in 2022 — Debt Ratio surged 362.95% — and 2023, when it tumbled 43.24%.
  • Jiuzi Holdings' Debt Ratio stood at 0.07 in 2021, then soared by 362.95% to 0.32 in 2022, then sank by 43.24% to 0.18 in 2023.
  • Business Quant data shows JZXN's Debt Ratio at 0.18 in Q4 2023, 0.26 in Q2 2023, and 0.32 in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Uxin 78.07 Bn 78.06 Bn - -
2 Carvana 51.62 Bn 48.87 Bn 1.38 Bn 0.34
3 Penske Automotive 14.25 Bn 14.18 Bn 1.36 Bn 0.16
4 Lithia Motors 8.52 Bn 8.16 Bn 1.50 Bn 0.26
5 Carmax 8.26 Bn 7.67 Bn 854.41 Mn 0.68
6 Autonation 6.97 Bn 6.91 Bn 1.23 Bn 0.25
7 Rush Enterprises Inc \Tx\ 6.35 Bn 6.09 Bn 361.67 Mn 26.04
8 Autozi Internet Technology (Global) 6.17 Bn 5.99 Bn - 0.02
9 Valvoline 4.21 Bn 4.13 Bn 214.90 Mn 0.47
10 Jiuzi Holdings 224,747.13 -46,324.87 - -

Historic Data

Download Data
DateValue
Oct 31, 2023 0.18
Apr 30, 2023 0.26
Oct 31, 2022 0.32
Oct 31, 2021 0.07