Jupiter Energy Balance Sheet Health
Financial Health criteria checks 3/6
Jupiter Energy has a total shareholder equity of A$3.7M and total debt of A$18.8M, which brings its debt-to-equity ratio to 507.9%. Its total assets and total liabilities are A$24.8M and A$21.1M respectively. Jupiter Energy's EBIT is A$3.0M making its interest coverage ratio -21.6. It has cash and short-term investments of A$3.2M.
Key information
507.9%
Debt to equity ratio
AU$18.82m
Debt
| Interest coverage ratio | -21.6x |
| Cash | AU$3.22m |
| Equity | AU$3.71m |
| Total liabilities | AU$21.14m |
| Total assets | AU$24.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JPR's short term assets (A$3.7M) exceed its short term liabilities (A$2.1M).
Long Term Liabilities: JPR's short term assets (A$3.7M) do not cover its long term liabilities (A$19.0M).
Debt to Equity History and Analysis
Debt Level: JPR's net debt to equity ratio (420.8%) is considered high.
Reducing Debt: JPR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: JPR's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: JPR earns more interest than it pays, so coverage of interest payments is not a concern.