The company's financial stability is severely compromised, evidenced by a debt-to-equity ratio that surged to 112.28 in 2026Q1 from 15.81 in 2025Q4.
| Total Current Assets | 995.7M | 1.02B | 1.2B | 1.49B | 1.7B | 1.74B | 1.76B | 1.24B | 1.15B | 1.15B | 362.7M | 814.42M | 840.36M |
| Cash & Short-Term Investments | 50.4M | 136.1M | 150.34M | 288.31M | 164.47M | 395.6M | 735.82M | 225.96M | 117M | 220.2M | 102.7M | 113.57M | 105.54M |
| Cash Only | 50.4M | 136.1M | 150.34M | 288.31M | 164.47M | 395.6M | 735.82M | 225.96M | 117M | 220.2M | 102.7M | 113.57M | 105.54M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 428.1M | 361.2M | 388.42M | 516.67M | 531.23M | 552.04M | 477.47M | 469.76M | 482.37M | 457.49M | 413.8M | 321.08M | 339.88M |
| Days Sales Outstanding | 48.54 | 41.06 | 37.55 | 43.81 | 42.67 | 48.19 | 41.15 | 39.97 | 40.51 | 44.36 | 41.19 | 34.66 | 35.37 |
| Inventory | 446.2M | 444.1M | 460.11M | 481.45M | 594.47M | 615.97M | 512.23M | 505.08M | 513.2M | 405.4M | 334.6M | 343.74M | 359.27M |
| Days Inventory Outstanding | 62.5 | 60.1 | 54.41 | 50.62 | 57.74 | 66.94 | 56.08 | 53.95 | 54.72 | 50.75 | 42.6 | 46.21 | 44.91 |
| Other Current Assets | 71M | 75.3M | 201.03M | 207.91M | 405.43M | 176.25M | 35.13M | 14.48M | 19.47M | 39.45M | 14.06M | 17.57M | 18.03M |
| Total Non-Current Assets | 1.08B | 1.09B | 1.42B | 1.49B | 1.81B | 2B | 2.2B | 2.14B | 1.9B | 1.72B | 2.15B | 1.37B | 1.34B |
| Property, Plant & Equipment | 907.9M | 907.8M | 807.7M | 791.17M | 771M | 1B | 1.09B | 1.07B | 843.4M | 756.71M | 704.65M | 720.84M | 755.13M |
| Fixed Asset Turnover | 3.49x | 3.54x | 4.67x | 5.44x | 5.89x | 4.18x | 3.90x | 4.02x | 5.15x | 4.97x | 5.20x | 4.69x | 4.64x |
| Goodwill | 0 | 0 | 315.17M | 390.17M | 381.95M | 545.21M | 639.87M | 602.5M | 585.94M | 549.06M | 486.06M | 482.51M | 475.6M |
| Intangible Assets | 93.1M | 96.3M | 101.99M | 123.91M | 148.11M | 222.18M | 246.06M | 250.33M | 225.55M | 166.31M | 117.8M | 78.32M | 48.29M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 366K | 33.19M | 28.95M | 26.2M | 23.96M |
| Other Non-Current Assets | 64.6M | 65.7M | 52.14M | 30.08M | 322.54M | 26.6M | 31.6M | 34.96M | 37.27M | 28.7M | 547.18M | 38.39M | 36.61M |
| Total Assets | 2.08B | 2.1B | 2.62B | 2.98B | 3.5B | 3.74B | 3.96B | 3.38B | 3.05B | 2.86B | 2.52B | 2.18B | 2.18B |
| Asset Turnover | 1.42x | 1.53x | 1.44x | 1.44x | 1.30x | 1.12x | 1.07x | 1.27x | 1.42x | 1.31x | 1.46x | 1.55x | 1.61x |
| Asset Growth % | -69.21% | -19.75% | -12.08% | -14.89% | -6.35% | -5.7% | 17.25% | 10.7% | 6.69% | 13.77% | 15.3% | -0.08% | - |
| Total Current Liabilities | 592.1M | 575.8M | 624.99M | 678.91M | 786.63M | 888.87M | 867.62M | 768.79M | 670.27M | 577.52M | 513.13M | 487.44M | 524.3M |
| Accounts Payable | 267.5M | 237.3M | 264.95M | 269.32M | 286.98M | 418.77M | 269.89M | 294.95M | 249.98M | 259.93M | 188.91M | 166.69M | 179.65M |
| Days Payables Outstanding | 37.08 | 32.12 | 31.33 | 28.32 | 27.87 | 45.51 | 29.55 | 31.5 | 26.66 | 32.54 | 24.05 | 22.41 | 22.46 |
| Short-Term Debt | 19.5M | 23.7M | 30.93M | 36.18M | 34.09M | 38.56M | 66.7M | 65.85M | 54.93M | 8.77M | 20.03M | 16.59M | 17.69M |
| Deferred Revenue (Current) | 10.35M | 0 | 5.4M | 7.19M | 10.08M | 25.57M | 13.45M | 7.99M | 9.85M | 11.51M | 11.64M | 9.31M | 8.17M |
| Other Current Liabilities | 305.1M | 221M | 162.75M | 46.94M | 153.01M | 53.52M | 157.78M | 120.77M | 118.45M | 54.68M | 157.26M | 142.42M | 154.57M |
| Current Ratio | 1.68x | 1.77x | 1.92x | 2.20x | 2.16x | 1.96x | 2.03x | 1.62x | 1.72x | 1.98x | 0.71x | 1.67x | 1.60x |
| Quick Ratio | 0.93x | 0.99x | 1.18x | 1.49x | 1.40x | 1.26x | 1.44x | 0.96x | 0.96x | 1.28x | 0.05x | 0.97x | 0.92x |
| Cash Conversion Cycle | 73.96 | 69.04 | 60.63 | 66.12 | 72.54 | 69.61 | 67.68 | 62.41 | 68.57 | 62.57 | 59.74 | 58.46 | 57.83 |
| Total Non-Current Liabilities | 1.47B | 1.43B | 1.38B | 1.45B | 1.99B | 2.01B | 2.09B | 1.8B | 1.61B | 1.49B | 1.81B | 1.44B | 1.01B |
| Long-Term Debt | 1.35B | 1.31B | 1.14B | 1.19B | 1.71B | 1.67B | 1.7B | 1.45B | 1.42B | 1.26B | 1.6B | 1.24B | 788.54M |
| Capital Lease Obligations | 638.29M | 158.6M | 113.02M | 121.99M | 105.07M | 166.32M | 177.49M | 164.03M | 25.82M | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 49.88M | 14.7M | 5.7M | 7.17M | 7.86M | 9.25M | 7.32M | 9.29M | 10.46M | 9.25M | 9.19M | 15.45M | 21.94M |
| Other Non-Current Liabilities | 108.1M | -48.8M | 111.47M | 131.33M | 165.39M | 164.04M | 206.44M | 175.62M | 154.33M | 218.59M | 200.59M | 184.31M | 199.61M |
| Total Liabilities | 2.07B | 2.01B | 2B | 2.13B | 2.78B | 2.9B | 2.96B | 2.57B | 3.05B | 2.86B | 2.52B | 1.93B | 1.54B |
| Total Debt | 1.37B | 1.49B | 1.32B | 1.38B | 1.88B | 1.92B | 1.99B | 1.73B | 1.48B | 1.27B | 1.62B | 1.26B | 806.23M |
| Net Debt | 1.32B | 1.35B | 1.17B | 1.09B | 1.72B | 1.52B | 1.25B | 1.5B | 1.36B | 1.05B | 1.52B | 1.15B | 700.69M |
| Debt / Equity | 112.28x | 15.81x | 2.13x | 1.62x | 2.60x | 2.28x | 1.98x | 2.13x | 1.92x | 1.61x | 38.66x | 5.04x | 1.24x |
| Debt / EBITDA | -8.65x | 20.65x | - | 4.90x | 9.85x | 5.43x | 6.15x | 5.32x | 4.96x | 3.40x | 5.32x | 5.54x | 5.02x |
| Net Debt / EBITDA | -8.33x | 18.76x | - | 3.88x | 8.99x | 4.31x | 3.88x | 4.63x | 4.57x | 2.81x | 4.98x | 5.04x | 4.37x |
| Interest Coverage | -4.11x | -6.06x | -1.54x | 2.23x | 1.37x | 2.97x | 2.56x | 2.67x | 2.85x | 2.80x | 2.68x | 2.35x | 0.17x |
| Total Equity | 12.2M | 94.3M | 620.06M | 850.64M | 723.55M | 842.22M | 1B | 812.09M | 767.78M | 792M | 41.9M | 250.19M | 648.29M |
| Equity Growth % | -304.31% | -84.79% | -27.11% | 17.57% | -14.09% | -16.15% | 23.69% | 5.77% | -3.06% | 1790.21% | -83.25% | -61.41% | - |
| Book Value per Share | 0.14 | 1.10 | 7.30 | 9.91 | 8.31 | 8.56 | 9.88 | 7.99 | 7.22 | 7.25 | 0.40 | 2.31 | 5.97 |
| Total Shareholders' Equity | 12.2M | 94.3M | 620.06M | 850.64M | 723.55M | 842.22M | 1B | 812.09M | 767.8M | 792M | 41.9M | 250.19M | 648.29M |
| Common Stock | 900K | 900K | 846K | 853K | 843K | 902K | 1.01M | 1.01M | 1.01M | 1.06M | 180K | 179K | 198K |
| Retained Earnings | -718.4M | -639.5M | -20.35M | 192.93M | 130.49M | 215.61M | 371.46M | 290.58M | 253.04M | 233.66M | 202.56M | -154.95M | -245.87M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -56.9M | -50.4M | -129.5M | -95.31M | -142.63M | -93.75M | -58.69M | -151.28M | -144.82M | -95.35M | -197.18M | -163M | -103.86M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17K | 0 | 0 | 0 | 0 |
Extreme leverage and insolvency
According to recent SEC filings, JELD-WEN's equity base has collapsed from $850.6 million in 2023Q4 to a nominal $12.2 million by 2026Q1, signaling a severe deterioration in the company's net worth as cumulative losses continue to overwhelm the balance sheet's structural integrity.
The precipitous decline in equity suggests that the company is rapidly consuming its remaining book value to fund ongoing operational deficits. This trajectory implies that the balance sheet is approaching a critical inflection point where further losses could lead to a technical insolvency scenario.
As reported in financial statements, JELD-WEN's debt-to-equity ratio has surged to an alarming 112.28 in 2026Q1, a dramatic increase from 15.81 in 2025Q4, which underscores the extreme financial risk posed by the company's reliance on debt amidst a shrinking equity cushion.
The massive spike in leverage indicates that the company's debt burden is no longer supported by a meaningful equity base, leaving creditors with minimal protection. Investors should monitor whether this leverage profile triggers restrictive debt covenants that could further limit operational flexibility.
Based on JELD's reported figures, cash reserves have dwindled to $50.4 million in 2026Q1, down from $288.3 million in 2023Q4, indicating that the company's liquidity buffer is rapidly evaporating as it struggles to manage its high fixed-cost base during a period of sustained revenue contraction.
While the current ratio of 1.68 suggests some short-term coverage, the absolute decline in cash levels is concerning given the company's negative operating margins. This trend suggests that the company may soon face a liquidity crunch if it cannot stabilize its cash burn or secure additional financing.
Data from recent filings reveals that goodwill and intangible assets remain on the books at $93.1 million, which warrants further investigation as these assets may be subject to significant impairment charges given the company's persistent inability to generate positive net income or maintain market value.
The presence of these intangible assets on a balance sheet with near-zero equity suggests that the company's book value may be significantly overstated. If these assets are written down, it would likely push the company into a negative equity position, further complicating its financial standing.
Quick answers to the most common questions about buying JELD stock.
As of 2025, JELD-WEN Holding, Inc. (JELD) had total assets of $2.10B including $1.02B in current assets.
JELD-WEN Holding, Inc. (JELD) carries total debt of $1.49B, offset by $136.1M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
JELD-WEN Holding, Inc. (JELD) has total shareholders' equity (book value) of $94.3M ($1.10 book value per share). Book value represents the net worth of the company belonging to common stock holders.
JELD-WEN Holding, Inc. (JELD) reported a current ratio of 1.77x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.