The business behind the dividend
| Measure | JAKK | Median | Formula |
|---|---|---|---|
| Return on equity | 4.0% | 10.6% | Net income ÷ shareholders’ equity |
| Return on capital employed | — | — | Operating income ÷ (equity + total debt) |
| Owner earnings | $10.54m | $120.90m | Net income + depreciation & amortisation − capital expenditure |
| Free cash flow | $-1.07m | $155.08m | Operating cash flow − capital expenditure |
| Operating margin | 2.5% | 14.3% | Operating income ÷ revenue |
| Net margin | 1.7% | 10.1% | Net income ÷ revenue |
| Debt to equity | — | — | Total debt ÷ shareholders’ equity |
| Interest cover | 30.19x | 4.22x | Operating income ÷ interest expense |
| Current ratio | 1.82x | 1.55x | Current assets ÷ current liabilities |
| Long-term debt to working capital | — | — | Long-term debt ÷ (current assets − current liabilities) |
| Cash conversion | 0.86x | 1.66x | Operating cash flow ÷ net income |
| Accruals | 0.3% | -3.1% | (Net income − operating cash flow) ÷ total assets |
Not computed here: Debt to equity, Long-term debt to working capital, Return on capital employed — why a blank is not a zero.
Ten years of it
The same measures, for every year the filings support. One year is a fact; a row is a business.
| Measure | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | Median |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on equity | 4.0% | 14.1% | 20.3% | 62.7% | -10.6% | -121.7% | — | -83.5% | -88.8% | 0.9% | 0.9% |
| Return on capital employed | — | — | — | 28.4% | 25.0% | 28.1% | -32.0% | -16.9% | -23.8% | 5.1% | 5.1% |
| Operating margin | 2.5% | 5.7% | 8.3% | 7.7% | 6.2% | 2.5% | -3.0% | -5.7% | -10.5% | 2.4% | 2.5% |
| Net margin | 1.7% | 4.9% | 5.4% | 11.5% | -1.0% | -2.8% | -9.3% | -7.5% | -13.6% | 0.2% | -1.0% |
| Debt to equity | — | — | — | 0.47x | 1.74x | 2.91x | 17.91x | 2.76x | 1.88x | 1.51x | 1.88x |
| Current ratio | 1.82x | 1.80x | 1.71x | 1.55x | 1.66x | 1.81x | 1.70x | 1.74x | 2.08x | 3.03x | 1.74x |
| Cash conversion | 0.86x | 1.15x | 1.73x | 0.94x | — | — | — | — | — | 13.45x | 1.15x |