Jardine Matheson Holdings Is Using Debt Extensively, Gd or Bad?

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nmnhnlm : From chatgpt - Jardine Matheson's gearing ratio of 27.6% can be considered relatively low, particularly for a conglomerate with diversified operations across various sectors such as property, retail, hotels, and engineering.

To determine if it is low for the industry, we would need to compare it to the average gearing ratios of other conglomerates or companies within the same sectors Jardine Matheson operates in. Generally, conglomerates tend to have higher gearing ratios due to their extensive and varied operations, so a gearing ratio of 27.6% would typically indicate a conservative approach to debt.