Joyce Balance Sheet Health
Financial Health criteria checks 6/6
Joyce has a total shareholder equity of A$36.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$78.7M and A$42.0M respectively. Joyce's EBIT is A$27.8M making its interest coverage ratio -155.3. It has cash and short-term investments of A$33.9M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -155.3x |
| Cash | AU$33.88m |
| Equity | AU$36.70m |
| Total liabilities | AU$42.00m |
| Total assets | AU$78.70m |
Recent financial health updates
Recent updates
Joyce's (ASX:JYC) Dividend Will Be A$0.11
Feb 29
Here's Why Shareholders Will Not Be Complaining About Joyce Corporation Ltd's (ASX:JYC) CEO Pay Packet
Nov 17Joyce (ASX:JYC) Will Pay A Larger Dividend Than Last Year At A$0.175
Sep 05Returns On Capital Are A Standout For Joyce (ASX:JYC)
Aug 31We Like Joyce's (ASX:JYC) Returns And Here's How They're Trending
Sep 28Joyce (ASX:JYC) Is Paying Out A Larger Dividend Than Last Year
Feb 27Returns on Capital Paint A Bright Future For Joyce (ASX:JYC)
Aug 31Is Joyce (ASX:JYC) Using Too Much Debt?
May 21Shareholders Would Enjoy A Repeat Of Joyce's (ASX:JYC) Recent Growth In Returns
May 03Joyce Corporation Ltd's (ASX:JYC) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Mar 21Dividend Investors: Don't Be Too Quick To Buy Joyce Corporation Ltd (ASX:JYC) For Its Upcoming Dividend
Mar 06Did You Participate In Any Of Joyce's (ASX:JYC) Fantastic 209% Return ?
Mar 05Is Joyce Corporation Ltd (ASX:JYC) A Smart Pick For Income Investors?
Feb 18Why We Like The Returns At Joyce (ASX:JYC)
Jan 14The Deputy Chairman of the Board of Joyce Corporation Ltd (ASX:JYC), Karen Gadsby, Just Bought 27% More Shares
Dec 10Financial Position Analysis
Short Term Liabilities: JYC's short term assets (A$40.8M) exceed its short term liabilities (A$25.9M).
Long Term Liabilities: JYC's short term assets (A$40.8M) exceed its long term liabilities (A$16.1M).
Debt to Equity History and Analysis
Debt Level: JYC is debt free.
Reducing Debt: JYC has no debt compared to 5 years ago when its debt to equity ratio was 39.6%.
Debt Coverage: JYC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: JYC has no debt, therefore coverage of interest payments is not a concern.