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| Date | Value |
|---|---|
| Oct 31, 2023 | 0.18 |
| Apr 30, 2023 | 0.26 |
| Oct 31, 2022 | 0.32 |
| Oct 31, 2021 | 0.07 |