Jamieson Wellness Balance Sheet Health
Financial Health criteria checks 2/6
Jamieson Wellness has a total shareholder equity of CA$481.2M and total debt of CA$414.4M, which brings its debt-to-equity ratio to 86.1%. Its total assets and total liabilities are CA$1.1B and CA$662.4M respectively. Jamieson Wellness's EBIT is CA$104.2M making its interest coverage ratio 3.8. It has cash and short-term investments of CA$40.2M.
Key information
86.1%
Debt to equity ratio
CA$414.41m
Debt
| Interest coverage ratio | 3.8x |
| Cash | CA$40.16m |
| Equity | CA$481.20m |
| Total liabilities | CA$662.38m |
| Total assets | CA$1.14b |
Recent financial health updates
Jamieson Wellness (TSE:JWEL) Has A Somewhat Strained Balance Sheet
Mar 15
Here's Why Jamieson Wellness (TSE:JWEL) Can Manage Its Debt Responsibly
Jul 30Jamieson Wellness (TSE:JWEL) Has A Pretty Healthy Balance Sheet
Apr 21These 4 Measures Indicate That Jamieson Wellness (TSE:JWEL) Is Using Debt Reasonably Well
Jan 06Here's Why Jamieson Wellness (TSE:JWEL) Can Manage Its Debt Responsibly
Apr 19Recent updates
Jamieson Wellness (TSE:JWEL) Has A Somewhat Strained Balance Sheet
Mar 15Jamieson Wellness (TSE:JWEL) Is Increasing Its Dividend To CA$0.19
Nov 06Jamieson Wellness' (TSE:JWEL) Upcoming Dividend Will Be Larger Than Last Year's
Aug 28Jamieson Wellness (TSE:JWEL) Is Paying Out A Larger Dividend Than Last Year
Aug 08Estimating The Fair Value Of Jamieson Wellness Inc. (TSE:JWEL)
Mar 25Why Jamieson Wellness' (TSE:JWEL) Earnings Are Better Than They Seem
Nov 10Jamieson Wellness (TSE:JWEL) Will Pay A Larger Dividend Than Last Year At CA$0.17
Aug 13Here's Why Jamieson Wellness (TSE:JWEL) Can Manage Its Debt Responsibly
Jul 30Jamieson Wellness' (TSE:JWEL) Shareholders Will Receive A Bigger Dividend Than Last Year
May 10Jamieson Wellness (TSE:JWEL) Has A Pretty Healthy Balance Sheet
Apr 21Is Jamieson Wellness Inc. (TSE:JWEL) Trading At A 40% Discount?
Mar 10These 4 Measures Indicate That Jamieson Wellness (TSE:JWEL) Is Using Debt Reasonably Well
Jan 06Jamieson Wellness (TSE:JWEL) Is Increasing Its Dividend To CA$0.15
Nov 16Calculating The Fair Value Of Jamieson Wellness Inc. (TSE:JWEL)
Nov 09Jamieson Wellness (TSE:JWEL) Has Announced That It Will Be Increasing Its Dividend To CA$0.15
Aug 10A Look At The Fair Value Of Jamieson Wellness Inc. (TSE:JWEL)
May 03Here's Why Jamieson Wellness (TSE:JWEL) Can Manage Its Debt Responsibly
Apr 19Financial Position Analysis
Short Term Liabilities: JWEL's short term assets (CA$392.9M) exceed its short term liabilities (CA$145.3M).
Long Term Liabilities: JWEL's short term assets (CA$392.9M) do not cover its long term liabilities (CA$517.1M).
Debt to Equity History and Analysis
Debt Level: JWEL's net debt to equity ratio (77.8%) is considered high.
Reducing Debt: JWEL's debt to equity ratio has increased from 68.9% to 86.1% over the past 5 years.
Debt Coverage: JWEL's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: JWEL's interest payments on its debt are well covered by EBIT (3.8x coverage).