J. Smart (Contractors) Balance Sheet Health
Financial Health criteria checks 5/6
J. Smart (Contractors) has a total shareholder equity of £124.0M and total debt of £10.8M, which brings its debt-to-equity ratio to 8.7%. Its total assets and total liabilities are £148.0M and £24.1M respectively. J. Smart (Contractors)'s EBIT is £2.0M making its interest coverage ratio -4.9. It has cash and short-term investments of £15.2M.
Key information
8.7%
Debt to equity ratio
UK£10.76m
Debt
| Interest coverage ratio | -4.9x |
| Cash | UK£15.23m |
| Equity | UK£123.95m |
| Total liabilities | UK£24.07m |
| Total assets | UK£148.02m |
Recent financial health updates
Here's Why J. Smart (Contractors) (LON:SMJ) Can Manage Its Debt Responsibly
May 28
Is J. Smart (Contractors) (LON:SMJ) A Risky Investment?
Jan 05Recent updates
J. Smart (Contractors)'s (LON:SMJ) Dividend Will Be £0.0096
Apr 19J. Smart (Contractors) (LON:SMJ) Is Due To Pay A Dividend Of £0.0227
Dec 13J. Smart (Contractors) (LON:SMJ) Will Be Hoping To Turn Its Returns On Capital Around
Oct 17J. Smart (Contractors) (LON:SMJ) Is Due To Pay A Dividend Of £0.0096
Apr 21Here's Why J. Smart (Contractors) (LON:SMJ) Can Manage Its Debt Responsibly
May 28J. Smart (Contractors) (LON:SMJ) Shareholders Have Enjoyed A 18% Share Price Gain
Mar 17Is J. Smart (Contractors) (LON:SMJ) Set To Make A Turnaround?
Feb 12
Is J. Smart & Co. (Contractors) PLC (LON:SMJ) A Smart Choice For Dividend Investors?
Jan 25Why You Might Be Interested In J. Smart & Co. (Contractors) PLC (LON:SMJ) For Its Upcoming Dividend
Jan 09Is J. Smart (Contractors) (LON:SMJ) A Risky Investment?
Jan 05We're Not Counting On J. Smart (Contractors) (LON:SMJ) To Sustain Its Statutory Profitability
Dec 18If You Like EPS Growth Then Check Out J. Smart (Contractors) (LON:SMJ) Before It's Too Late
Nov 27Financial Position Analysis
Short Term Liabilities: SMJ's short term assets (£39.6M) exceed its short term liabilities (£15.0M).
Long Term Liabilities: SMJ's short term assets (£39.6M) exceed its long term liabilities (£9.1M).
Debt to Equity History and Analysis
Debt Level: SMJ has more cash than its total debt.
Reducing Debt: SMJ's debt to equity ratio has reduced from 13.2% to 8.7% over the past 5 years.
Debt Coverage: SMJ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SMJ earns more interest than it pays, so coverage of interest payments is not a concern.