Shine Justice Balance Sheet Health
Financial Health criteria checks 5/6
Shine Justice has a total shareholder equity of A$272.6M and total debt of A$53.4M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are A$592.6M and A$319.9M respectively. Shine Justice's EBIT is A$18.5M making its interest coverage ratio 1.2. It has cash and short-term investments of A$29.4M.
Key information
19.6%
Debt to equity ratio
AU$53.43m
Debt
| Interest coverage ratio | 1.2x |
| Cash | AU$29.43m |
| Equity | AU$272.63m |
| Total liabilities | AU$319.95m |
| Total assets | AU$592.58m |
Recent financial health updates
Is Shine Justice (ASX:SHJ) A Risky Investment?
Nov 07
Shine Justice (ASX:SHJ) Is Carrying A Fair Bit Of Debt
Mar 20Is Shine Justice (ASX:SHJ) Using Too Much Debt?
May 11We Think Shine Justice (ASX:SHJ) Can Stay On Top Of Its Debt
Nov 07Is Shine Justice (ASX:SHJ) Using Too Much Debt?
Jun 23Is Shine Justice (ASX:SHJ) A Risky Investment?
Feb 25Recent updates
Is Shine Justice (ASX:SHJ) A Risky Investment?
Nov 07We Think Shine Justice's (ASX:SHJ) Solid Earnings Are Understated
Sep 06What You Can Learn From Shine Justice Ltd's (ASX:SHJ) P/E
Sep 02Shine Justice (ASX:SHJ) Is Carrying A Fair Bit Of Debt
Mar 20Some Confidence Is Lacking In Shine Justice Ltd's (ASX:SHJ) P/S
Jan 08Shine Justice (ASX:SHJ) Will Be Hoping To Turn Its Returns On Capital Around
Oct 20Is Shine Justice (ASX:SHJ) Using Too Much Debt?
May 11Investors Met With Slowing Returns on Capital At Shine Justice (ASX:SHJ)
Feb 15Shine Justice (ASX:SHJ) Has Announced That It Will Be Increasing Its Dividend To A$0.035
Sep 14Shine Justice's (ASX:SHJ) Upcoming Dividend Will Be Larger Than Last Year's
Aug 30If EPS Growth Is Important To You, Shine Justice (ASX:SHJ) Presents An Opportunity
Aug 26We Think Shine Justice (ASX:SHJ) Can Stay On Top Of Its Debt
Nov 07Here's Why We Think Shine Justice Ltd's (ASX:SHJ) CEO Compensation Looks Fair for the time being
Oct 13Shine Justice's (ASX:SHJ) Upcoming Dividend Will Be Larger Than Last Year's
Sep 13Shine Justice's (ASX:SHJ) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 29Is Shine Justice (ASX:SHJ) Using Too Much Debt?
Jun 23Shine Justice's (ASX:SHJ) Returns Have Hit A Wall
May 11Can You Imagine How Shine Justice's (ASX:SHJ) Shareholders Feel About The 33% Share Price Increase?
Mar 21Shine Justice Ltd (ASX:SHJ) Goes Ex-Dividend Soon
Mar 06Is Shine Justice (ASX:SHJ) A Risky Investment?
Feb 25A Look At Shine Justice's (ASX:SHJ) CEO Remuneration
Feb 04Should You Think About Buying Shine Justice Ltd (ASX:SHJ) Now?
Jan 20Trade Alert: The Non-Executive Director Of Shine Justice Ltd (ASX:SHJ), Rodney Douglas, Has Just Spent AU$56k Buying A Few More Shares
Jan 05
Is Shine Justice Ltd (ASX:SHJ) The Right Choice For A Smart Dividend Investor?
Jan 03Here's What Shine Justice Ltd's (ASX:SHJ) Shareholder Ownership Structure Looks Like
Dec 16What Type Of Returns Would Shine Justice's(ASX:SHJ) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Dec 01Shine Justice Ltd's (ASX:SHJ) Sentiment Matching Earnings
Jul 30Reflecting on Shine Justice's (ASX:SHJ) Share Price Returns Over The Last Five Years
Jul 09Financial Position Analysis
Short Term Liabilities: SHJ's short term assets (A$293.9M) exceed its short term liabilities (A$133.1M).
Long Term Liabilities: SHJ's short term assets (A$293.9M) exceed its long term liabilities (A$186.9M).
Debt to Equity History and Analysis
Debt Level: SHJ's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: SHJ's debt to equity ratio has reduced from 20.8% to 19.6% over the past 5 years.
Debt Coverage: SHJ's debt is well covered by operating cash flow (92.5%).
Interest Coverage: SHJ's interest payments on its debt are not well covered by EBIT (1.2x coverage).