The company has improved its financial flexibility by reducing the debt-to-equity ratio to 1.76 in 2026Q1, down from a peak of 7.93 in 2023Q4.
| Total Current Assets | 134.44M | 141.19M | 122.03M | 138.13M | 159.9M | 123.25M | 113.27M | 122.95M | 175.29M | 132.47M | 104.44M | 115.61M | 71.31M |
| Cash & Short-Term Investments | 36.3M | 41.02M | 35.43M | 62.17M | 87.05M | 35.96M | 4.41M | 21.53M | 66.2M | 25.98M | 13.47M | 27.5M | 604K |
| Cash Only | 36.3M | 41.02M | 35.43M | 62.17M | 87.05M | 35.96M | 4.41M | 21.53M | 66.2M | 25.98M | 13.47M | 27.5M | 604K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 8.51M | 9.84M | 5.3M | 6.82M | 7.4M | 16.15M | 35.81M | 10.71M | 7.93M | 4.73M | 5.77M | 7.57M | 3.68M |
| Days Sales Outstanding | 4.61 | 6.02 | 3.17 | 4.09 | 4.37 | 10.07 | 30.63 | 5.65 | 4.1 | 2.47 | 3.3 | 4.92 | 2.78 |
| Inventory | 63.92M | 70.07M | 61.3M | 53.26M | 50.59M | 56.02M | 58.03M | 72.6M | 77.35M | 80.59M | 66.64M | 64.41M | 55.32M |
| Days Inventory Outstanding | 123.5 | 136.9 | 123.61 | 109.67 | 95.56 | 107.19 | 116.96 | 100.84 | 114.77 | 125.67 | 115.22 | 117.94 | 122.52 |
| Other Current Assets | 25.71M | 4.28M | 3.52M | 3.22M | 3.05M | 4.7M | 4.61M | 6.46M | 7.83M | 2.05M | 3.53M | 711K | 687K |
| Total Non-Current Assets | 303.04M | 309.03M | 295.67M | 290.05M | 306.52M | 328.6M | 383.91M | 511.04M | 451.69M | 465.09M | 463.86M | 466.42M | 206.92M |
| Property, Plant & Equipment | 180.64M | 185.74M | 167.63M | 162.32M | 172.62M | 188.07M | 235.04M | 318.98M | 118.04M | 118.42M | 102.32M | 86.81M | 62.03M |
| Fixed Asset Turnover | 3.22x | 3.21x | 3.64x | 3.75x | 3.58x | 3.11x | 1.82x | 2.17x | 5.98x | 5.90x | 6.25x | 6.47x | 7.79x |
| Goodwill | 59.7M | 59.7M | 59.7M | 59.7M | 59.7M | 59.7M | 59.7M | 77.6M | 197.03M | 197.03M | 197.03M | 196.57M | 67.41M |
| Intangible Assets | 55.18M | 56.32M | 61.02M | 66.25M | 73.19M | 80.71M | 88.98M | 112.81M | 136.18M | 148.96M | 163.48M | 179.97M | 76.84M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 7.51M | 7.27M | 7.33M | 1.79M | 1.02M | 120K | 199K | 1.65M | 447K | 682K | 1.03M | 3.07M | 640K |
| Total Assets | 437.47M | 450.22M | 417.7M | 428.18M | 466.42M | 451.85M | 497.18M | 633.99M | 626.99M | 597.56M | 568.3M | 582.03M | 278.23M |
| Asset Turnover | 1.32x | 1.33x | 1.46x | 1.42x | 1.33x | 1.30x | 0.86x | 1.09x | 1.13x | 1.17x | 1.12x | 0.97x | 1.74x |
| Asset Growth % | 30.04% | 7.78% | -2.45% | -8.2% | 3.22% | -9.12% | -21.58% | 1.12% | 4.93% | 5.15% | -2.36% | 109.19% | - |
| Total Current Liabilities | 118.44M | 130.65M | 127.11M | 154.95M | 126.99M | 138.75M | 157.49M | 127.83M | 103.12M | 105.52M | 87.36M | 87.13M | 80.93M |
| Accounts Payable | 44.09M | 57.65M | 51.98M | 41.11M | 39.31M | 49.92M | 56.26M | 43.05M | 55.01M | 53.96M | 38.44M | 41.04M | 42.75M |
| Days Payables Outstanding | 97.96 | 112.64 | 104.82 | 84.65 | 74.25 | 95.52 | 113.39 | 59.8 | 81.63 | 84.15 | 66.46 | 75.15 | 94.69 |
| Short-Term Debt | 1.59M | 1.88M | 0 | 35.35M | 3.42M | 7.69M | 13.95M | 2.8M | 2.8M | 2.8M | 2.8M | 2.5M | 2.17M |
| Deferred Revenue (Current) | 7.37M | 7.37M | 7M | 7M | 7.13M | 7.41M | 6.82M | 7.26M | 7.08M | 6.47M | 6.11M | 5.43M | 5.08M |
| Other Current Liabilities | 0 | 4M | 5.31M | 4.18M | 5.04M | 9.45M | 13.35M | 10.97M | 9.24M | 13.77M | 12.56M | 10.66M | 10.47M |
| Current Ratio | 1.14x | 1.08x | 0.96x | 0.89x | 1.26x | 0.89x | 0.72x | 0.96x | 1.70x | 1.26x | 1.20x | 1.33x | 0.88x |
| Quick Ratio | 0.60x | 0.54x | 0.48x | 0.55x | 0.86x | 0.48x | 0.35x | 0.39x | 0.95x | 0.49x | 0.43x | 0.59x | 0.20x |
| Cash Conversion Cycle | 30.15 | 30.28 | 21.95 | 29.11 | 25.67 | 21.75 | 34.2 | 46.69 | 37.24 | 44 | 52.06 | 47.7 | 30.61 |
| Total Non-Current Liabilities | 194.74M | 198.07M | 184.82M | 236.01M | 339.65M | 357.76M | 442.05M | 472.98M | 310.08M | 312.72M | 358.08M | 328.33M | 198.62M |
| Long-Term Debt | 71.32M | 71.44M | 69.42M | 120.59M | 205.24M | 202.12M | 228.71M | 231.2M | 237.46M | 238.88M | 264.44M | 237.48M | 80.2M |
| Capital Lease Obligations | 447.22M | 111.23M | 104.75M | 103.07M | 123.1M | 143.21M | 179.02M | 208.8M | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 54.53M | 14.4M | 9.39M | 10.97M | 10.06M | 10.7M | 13.84M | 31.03M | 41.84M | 46.26M | 73.51M | 78.84M | 27.47M |
| Other Non-Current Liabilities | 970K | 1M | 1.26M | 1.38M | 1.25M | 1.73M | 20.48M | 1.95M | 30.77M | 27.58M | 20.13M | 12.01M | 90.95M |
| Total Liabilities | 313.18M | 328.72M | 311.93M | 390.96M | 466.64M | 496.5M | 594.08M | 595.42M | 413.19M | 418.24M | 445.44M | 415.46M | 279.55M |
| Total Debt | 218.47M | 224.8M | 208.82M | 295.22M | 366.29M | 385.29M | 459.65M | 476.67M | 240.26M | 241.68M | 267.24M | 239.98M | 82.37M |
| Net Debt | 182.17M | 183.78M | 173.39M | 233.05M | 279.24M | 349.33M | 455.24M | 455.15M | 174.06M | 215.7M | 253.77M | 212.47M | 81.77M |
| Debt / Equity | 1.76x | 1.85x | 1.97x | 7.93x | - | - | - | 12.36x | 1.12x | 1.35x | 2.18x | 1.44x | - |
| Debt / EBITDA | 3.52x | 3.10x | 2.14x | 2.70x | 3.46x | 4.38x | - | - | 2.45x | 2.32x | 2.79x | 3.40x | 1.42x |
| Net Debt / EBITDA | 2.93x | 2.54x | 1.77x | 2.13x | 2.64x | 3.97x | - | - | 1.78x | 2.07x | 2.65x | 3.01x | 1.41x |
| Interest Coverage | 4.11x | 4.74x | 4.44x | 3.17x | 3.76x | -0.05x | -9.29x | -5.72x | 3.21x | 3.59x | 3.18x | - | 2.18x |
| Total Equity | 124.29M | 121.5M | 105.77M | 37.22M | -219K | -44.65M | -96.9M | 38.56M | 213.79M | 179.32M | 122.86M | 166.57M | -1.32M |
| Equity Growth % | 85.3% | 14.87% | 184.19% | 17094.52% | 99.51% | 53.92% | -351.26% | -81.96% | 19.23% | 45.95% | -26.24% | 12747.76% | - |
| Book Value per Share | 8.30 | 7.93 | 6.99 | 2.58 | -0.02 | -3.59 | -10.58 | 4.41 | 24.16 | 20.58 | 14.04 | 19.04 | -0.15 |
| Total Shareholders' Equity | 124.29M | 121.5M | 105.77M | 37.22M | -219K | -44.65M | -96.9M | 38.56M | 213.79M | 179.32M | 122.86M | 166.57M | -1.32M |
| Common Stock | 159K | 157K | 153K | 107K | 102K | 100K | 97K | 89K | 437K | 437K | 0 | 0 | 39.28M |
| Retained Earnings | -104.06M | -108.75M | -136.64M | -176.13M | -212.33M | -254.5M | -226.36M | -86.95M | 91.72M | 61.49M | 6.12M | 4.31M | -47.89M |
| Treasury Stock | -11.68M | -10.89M | -523K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Fixed cost deleveraging risk
According to recent quarterly filings, J.Jill's total assets have fluctuated from $443.9 million in 2024Q1 to $437.5 million in 2026Q1, reflecting a stagnant capital base that struggles to expand while the company navigates persistent revenue headwinds and a challenging retail environment for its core demographic.
The lack of meaningful asset growth suggests that management is maintaining a defensive posture rather than investing in expansion. This stagnation, coupled with the ongoing revenue contraction, implies that the company's capital base is not currently being leveraged to drive future growth.
Based on reported financial statements, J.Jill has successfully reduced its debt-to-equity ratio from a peak of 7.93 in 2023Q4 to 1.76 in 2026Q1, signaling a significant deleveraging effort that may provide the company with greater operational breathing room during periods of cyclical retail volatility.
While the reduction in leverage is a positive development, the absolute debt level remains substantial relative to the company's current cash generation capabilities. Investors should monitor whether this deleveraging is sustainable or if it comes at the expense of necessary capital expenditures for store maintenance.
As reported in recent SEC filings, J.Jill's current ratio has hovered near 1.14 as of 2026Q1, indicating a relatively thin liquidity buffer that may leave the company vulnerable to sudden shifts in working capital requirements or unexpected disruptions in its seasonal inventory-heavy business model.
The narrow current ratio suggests that the company has limited room for error in managing its short-term obligations. Any further deterioration in cash reserves could force the company to rely more heavily on external financing, which may be costly given the current interest rate environment.
Based on the company's balance sheet data, retained earnings remain deeply negative at -$104.1 million as of 2026Q1, highlighting a long-term structural challenge in generating consistent bottom-line profitability that can effectively rebuild the company's equity base after years of historical financial volatility.
The persistent negative retained earnings indicate that the company has yet to fully recover from past operational difficulties. This ongoing deficit warrants further investigation into whether the current business model can generate sufficient returns to eventually turn the equity position positive.
As disclosed in financial statements, J.Jill carries $59.7 million in goodwill, a figure that has remained static across the last ten quarters despite the company's ongoing revenue contraction and the broader shift in consumer behavior away from traditional mall-based retail formats.
The stability of this intangible asset in the face of declining performance suggests that the company may be at risk of future impairment charges. If the brand's market value continues to decouple from its book value, investors should prepare for potential non-cash write-downs that could impact reported equity.
Quick answers to the most common questions about buying JILL stock.
As of 2025, J.Jill, Inc. (JILL) had total assets of $450.2M including $141.2M in current assets.
J.Jill, Inc. (JILL) carries total debt of $224.8M, offset by $41.0M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
J.Jill, Inc. (JILL) has total shareholders' equity (book value) of $121.5M ($7.93 book value per share). Book value represents the net worth of the company belonging to common stock holders.
J.Jill, Inc. (JILL) reported a current ratio of 1.08x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.