Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Jerash Holdings (Us), Inc.JRSH · consumer nondurables
GradeBullAstrongest fifth of 124 graded peers; percentile 8.1, sampling error 3.8 points; lower is stronger
Rank11 of 124
ProfitabilityC/Dpercentile 57.3
SolvencyApercentile 11.7
Growth and financingBpercentile 27.7
Reliability0.83 AUCfailure model, filers with $12.5M to $120M assets; 95% interval 0.79 to 0.86; 201 events, 2020 to 2025
Peer failure rate1.07% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size band$12.5M to $120M assetstotal assets $89.9M[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone active · fortress balance sheetnot computable: short runway, distress
Inputs computable10 of 14
Graded fromfilings received through Jun 18, 2026113 days before the rescan; every figure keyed to the SEC receipt date
Last close$5.982026-10-08; market equity $75.9M; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$4$6NovDecJanFebMarAprMayJunJulAugSepOctCC/DCA$6.02
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Jul 21, 2018nonen/aQ2
Jul 21, 2022A/B23.1Q2
Mar 21, 2023A10.4Q2
Apr 21, 2024A/B17.4Q2
Mar 21, 2025A14.6Q2
Jul 21, 2025C/D57.1Q2
Aug 21, 2025C55.6Q2
Nov 21, 2025C/D56.4Q2
Mar 21, 2026C51.2Q2
Jun 21, 2026A9.6Q2

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Jun 18, 2026; the document on sec.gov.

through its wholly owned operating subsidiaries (together, the “Group,” “we,” “us,” or “our”), is principally engaged in the manufacturing and exporting of customized, ready-made sportswear and outerwear from knitted fabric produced in its facilities in the Hashemite Kingdom of Jordan (“Jordan”). Our website address is http://www.jerashholdings.com. Information available on our website is not a part of, and is not incorporated into, this Annual Report on Form 10-K.

Warnings [top]

Fortress balance sheet. cash minus debt is 7,943,776 USD; Altman Z is not used[3-4]

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 57.3
Gross profitability29.8%[1,5]29.8%46.91462026-03-31
Return on invested capitalnot computable5.6%
a prior annual debt, equity, and cash observation is required
Accruals ratio1.2%[1,6-8](5.0%)86.81532026-03-31
Gross margin stability, five years1.6 pts[2,5,9-16]1.9 pts38.31162026-03-31
Solvency, sleeve percentile 11.7
Twelve-month failure probabilitynot computable0.03%
latest liabilities, cash plus short-term investments, book equity, and shares are required
Altman Z double-prime7.31[1,17-22]3.118.31222026-03-31
Net debt to EBITDA(1.17x)[3-4,20,23]2.54x5.6552026-03-31
Interest coveragenot computable2.51x
latest aligned inputs end 2023-03-31; latest annual assets end 2026-03-31
Current ratio2.70x[17-18]1.81x21.21572026-03-31
Growth and financing, sleeve percentile 27.7
Revenue growth, three-year compound6.4%[2,10,12,14]0.2%20.51332026-03-31
Free cash flow growth, three-year compoundnot computable14.9%
current FCF must be positive and base FCF must exceed $100,000
Reinvestment rate140.9%[17-18,20,23-28]10.7%8.7702026-03-31
Asset growth, three years2.4%[1,8,29-30]0.5%39.81342026-03-31
Net share issuance, one year0.0%[31-32]0.05%41.71042026-06-18

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.418; sampling error 3.8 percentile points on 124 peers.

Among 124 Peers [top]

ABCDEMNST, Monster Beverage Corp.; A, percentile 6.5; market equity $85.5B; warnings: fortress balance sheetMNSTCTAS, Cintas Corp.; A/B, percentile 18.7; market equity $79.9BCTASPEP, Pepsico Inc.; B, percentile 30.1; market equity $174.9BPEPKO, Coca Cola Co.; B/C, percentile 39.0; market equity $377.6BKOPM, Philip Morris International Inc.; C, percentile 46.3; market equity $312.5BPMMO, Altria Group, Inc.; C, percentile 48.0; market equity $119.3BMOJRSH 8.1strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
6Bellring Brands, Inc. (BRBR)

Bellring Brands, Inc. (BRBR)

Astrongest fifth; percentile 4.1

NYSE · Food and Kindred Products

market equity $929.1M; last close $7.98

No active warnings; 13 of 14 inputs

4.1A
7Mama's Creations, Inc. (MAMA)

Mama's Creations, Inc. (MAMA)

Astrongest fifth; percentile 4.9

Nasdaq · Sausages & Other Prepared Meat Products

market equity $631.8M; last close $13.40

Warnings: fortress balance sheet; 10 of 14 inputs

4.9Afortress balance sheet
8Ralph Lauren Corp. (RL)

Ralph Lauren Corp. (RL)

Astrongest fifth; percentile 5.7

NYSE · Men's & Boys' Furnishgs, Work Clothg, & Allied Garments

last close $367.27

Warnings: fortress balance sheet; 8 of 14 inputs

5.7Afortress balance sheet
9Monster Beverage Corp. (MNST)

Monster Beverage Corp. (MNST)

Astrongest fifth; percentile 6.5

Nasdaq · Bottled & Canned Soft Drinks & Carbonated Waters

market equity $85.5B; last close $43.66

Warnings: fortress balance sheet; 9 of 14 inputs

6.5Afortress balance sheet
10Lifeway Foods, Inc. (LWAY)

Lifeway Foods, Inc. (LWAY)

Astrongest fifth; percentile 7.3

Nasdaq · Dairy Products

market equity $318.6M; last close $21.11

Warnings: fortress balance sheet; 9 of 14 inputs

7.3Afortress balance sheet
11Jerash Holdings (Us), Inc. (JRSH)

Jerash Holdings (Us), Inc. (JRSH)

Astrongest fifth; percentile 8.1

Nasdaq · Apparel & Other Finishd Prods of Fabrics & Similar Matl

market equity $76.5M; last close $5.98

Warnings: fortress balance sheet; 10 of 14 inputs

8.1Afortress balance sheet
12Sanfilippo John B & SON Inc. (JBSS)

Sanfilippo John B & SON Inc. (JBSS)

Astrongest fifth; percentile 8.9

Nasdaq · Sugar & Confectionery Products

last close $68.38

No active warnings; 11 of 14 inputs

8.9A
13Vita Coco Company, Inc. (COCO)

Vita Coco Company, Inc. (COCO)

Astrongest fifth; percentile 9.8

Nasdaq · Beverages

market equity $3.2B; last close $55.97

No active warnings; 9 of 14 inputs

9.8A
14Columbia Sportswear Co. (COLM)

Columbia Sportswear Co. (COLM)

Astrongest fifth; percentile 10.6

Nasdaq · Apparel & Other Finishd Prods of Fabrics & Similar Matl

market equity $2.9B; last close $56.73

No active warnings; 10 of 14 inputs

10.6A
15Steven Madden, Ltd. (SHOO)

Steven Madden, Ltd. (SHOO)

Astrongest fifth; percentile 11.4

Nasdaq · Footwear, (No Rubber)

market equity $3.2B; last close $44.20

No active warnings; 10 of 14 inputs

11.4A
16G III Apparel Group Ltd. (GIII)

G III Apparel Group Ltd. (GIII)

Astrongest fifth; percentile 12.2

Nasdaq · Apparel & Other Finishd Prods of Fabrics & Similar Matl

market equity $1.1B; last close $26.77

Warnings: fortress balance sheet; 11 of 14 inputs

12.2Afortress balance sheet
Peer policyLetterPercentilePeers
all graded filers, equal sleevesA11.52204
sector peers, equal sleeves (the grade)A8.1124
same exchange, equal sleevesA12.91219
sector peers, equal inputsA7.3124

Each letter is one fifth of the 124 graded peers, about 24 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month79.4%(0.2%)96hotter than 96 of 100 peers
Distance from 52-week high(2.1%)(24.8%)94closer to its high than 94 of 100 peers
EBIT to enterprise value9.2%4.1%87pricier than 13 of 100 peers
Free cash flow yield(3.4%)4.8%20pricier than 80 of 100 peers
Book value to price0.860.5767pricier than 33 of 100 peers
Sales to price2.171.2071pricier than 29 of 100 peers
Composite equity issuance, five years(15.5%)(16.3%)52more equity-funded than 52 of 100 peers
Relative strength against the sector, log excess return0.49(0.10)96ahead of 96 of 100 peers

Inputs: market equity $76.5M; EBIT $6.3M; free cash flow -$2.6M; book equity $66.0M; sales $166.3M; debt $2.8M; cash $10.8M[33].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2026-03-31
Return on assets above zero4.3%✓ pass[6,8]
Operating cash flow above zero$2.5M✓ pass[7]
Return on assets improved5.3 pts✓ pass[6,8,29,34]
Operating cash flow exceeds net income-$1.0M✗ fail[6-7]
Long-term leverage felln/a[1,4,8,29]
Current ratio improved(4.8 pts)✗ fail[17-18,27-28]
No new shares issued0.0%✓ pass[31-32]
Gross margin improved0.8 pts✓ pass[2,5,9-10]
Asset turnover improved18.7 pts✓ pass[2,8,10,29]
Cash, filings, liquidity
Cash and equivalentsn/a
Operating cash flow, four quartersn/a[7,35-38]
Months of runwaynot finite
cash is missing at the end of the latest cash-flow quarter
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing58
10-Q received Aug 12, 2026
Median daily dollar volume$392,435
63 sessions
Days since newest grade input113

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$89.9M2026-03-312026-06-1810-Kfiling · viewer · series
2revenueus-gaap:Revenues$166.3M2026-03-312026-06-1810-Kfiling · viewer · series
3cashus-gaap:CashAndCashEquivalentsAtCarryingValue$10.8M2026-03-312026-06-1810-Kfiling · viewer · series
4total debtus-gaap:LongTermDebt$2.8M2026-03-312026-06-1810-Kfiling · viewer · series
5gross profitus-gaap:GrossProfit$26.8M2026-03-312026-06-1810-Kfiling · viewer · series
6net incomeus-gaap:NetIncomeLoss$3.5M2026-03-312026-06-1810-Kfiling · viewer · series
7operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$2.5M2026-03-312026-06-1810-Kfiling · viewer · series
8assetsus-gaap:Assets$83.0M2025-03-312026-06-1810-Kfiling · viewer · series
9gross profitus-gaap:GrossProfit$22.3M2025-03-312026-06-1810-Kfiling · viewer · series
10revenueus-gaap:Revenues$145.8M2025-03-312026-06-1810-Kfiling · viewer · series
11gross profitus-gaap:GrossProfit$16.9M2024-03-312025-06-2610-Kfiling · viewer · series
12revenueus-gaap:Revenues$117.2M2024-03-312025-06-2610-Kfiling · viewer · series
13gross profitus-gaap:GrossProfit$21.8M2023-03-312024-06-2810-Kfiling · viewer · series
14revenueus-gaap:Revenues$138.1M2023-03-312024-06-2810-Kfiling · viewer · series
15gross profitus-gaap:GrossProfit$27.3M2022-03-312023-10-0510-K/Afiling · viewer · series
16revenueus-gaap:Revenues$143.4M2022-03-312023-10-0510-K/Afiling · viewer · series
17current assetsus-gaap:AssetsCurrent$58.4M2026-03-312026-06-1810-Kfiling · viewer · series
18current liabilitiesus-gaap:LiabilitiesCurrent$21.6M2026-03-312026-06-1810-Kfiling · viewer · series
19retained earningsus-gaap:RetainedEarningsAccumulatedDeficit$39.4M2026-03-312026-06-1810-Kfiling · viewer · series
20operating incomeus-gaap:OperatingIncomeLoss$6.3M2026-03-312026-06-1810-Kfiling · viewer · series
21book equityus-gaap:StockholdersEquity$64.8M2026-03-312026-06-1810-Kfiling · viewer · series
22liabilitiesus-gaap:Liabilities$24.9M2026-03-312026-06-1810-Kfiling · viewer · series
23depreciation amortizationus-gaap:DepreciationDepletionAndAmortization$460,8672026-03-312026-06-1810-Kfiling · viewer · series
24capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$5.1M2026-03-312026-06-1810-Kfiling · viewer · series
25pretax incomeus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest$4.7M2026-03-312026-06-1810-Kfiling · viewer · series
26income taxus-gaap:IncomeTaxExpenseBenefit$1.1M2026-03-312026-06-1810-Kfiling · viewer · series
27current assetsus-gaap:AssetsCurrent$54.4M2025-03-312026-06-1810-Kfiling · viewer · series
28current liabilitiesus-gaap:LiabilitiesCurrent$19.8M2025-03-312026-06-1810-Kfiling · viewer · series
29assetsus-gaap:Assets$80.2M2024-03-312025-06-2610-Kfiling · viewer · series
30assetsus-gaap:Assets$83.7M2023-03-312024-06-2810-Kfiling · viewer · series
31shares outstandingdei:EntityCommonStockSharesOutstanding12,699,9402026-06-182026-06-1810-Kfiling · viewer · series
32shares outstandingdei:EntityCommonStockSharesOutstanding12,699,9402025-06-242025-06-2610-Kfiling · viewer · series
33shares outstandingdei:EntityCommonStockSharesOutstanding12,699,9402026-08-122026-08-1210-Qfiling · viewer · series
34net incomeus-gaap:NetIncomeLoss-$848,3692025-03-312026-06-1810-Kfiling · viewer · series
35operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$2.5M2026-06-302026-08-1210-Qfiling · viewer · series
36operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$3.5M2025-12-312026-02-1010-Qfiling · viewer · series
37operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$318,2782025-09-302025-11-1210-Qfiling · viewer · series
38operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$6.5M2025-06-302026-08-1210-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 8.1 is 11.9 points from the nearest band edge; sampling error is 3.8 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.