Jervois Global Balance Sheet Health
Financial Health criteria checks 2/6
Jervois Global has a total shareholder equity of $170.0M and total debt of $164.2M, which brings its debt-to-equity ratio to 96.6%. Its total assets and total liabilities are $422.0M and $252.1M respectively.
Key information
96.6%
Debt to equity ratio
US$164.22m
Debt
Interest coverage ratio | n/a |
Cash | US$45.37m |
Equity | US$169.97m |
Total liabilities | US$252.06m |
Total assets | US$422.03m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JRV's short term assets ($118.3M) exceed its short term liabilities ($88.6M).
Long Term Liabilities: JRV's short term assets ($118.3M) do not cover its long term liabilities ($163.4M).
Debt to Equity History and Analysis
Debt Level: JRV's net debt to equity ratio (69.9%) is considered high.
Reducing Debt: JRV's debt to equity ratio has increased from 0% to 96.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: JRV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: JRV has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 58.3% each year.