Jamieson Wellness Balance Sheet Health

Financial Health criteria checks 2/6

Jamieson Wellness has a total shareholder equity of CA$485.0M and total debt of CA$430.9M, which brings its debt-to-equity ratio to 88.9%. Its total assets and total liabilities are CA$1.1B and CA$650.5M respectively. Jamieson Wellness's EBIT is CA$86.2M making its interest coverage ratio 3.1. It has cash and short-term investments of CA$42.4M.

Key information

88.9%

Debt to equity ratio

CA$430.92m

Debt

Interest coverage ratio3.1x
CashCA$42.40m
EquityCA$484.97m
Total liabilitiesCA$650.50m
Total assetsCA$1.14b

Recent financial health updates

Recent updates

Jamieson Wellness (TSE:JWEL) Has A Somewhat Strained Balance Sheet

Mar 15
Jamieson Wellness (TSE:JWEL) Has A Somewhat Strained Balance Sheet

Jamieson Wellness (TSE:JWEL) Is Increasing Its Dividend To CA$0.19

Nov 06
Jamieson Wellness (TSE:JWEL) Is Increasing Its Dividend To CA$0.19

Jamieson Wellness' (TSE:JWEL) Upcoming Dividend Will Be Larger Than Last Year's

Aug 28
Jamieson Wellness' (TSE:JWEL) Upcoming Dividend Will Be Larger Than Last Year's

Jamieson Wellness (TSE:JWEL) Is Paying Out A Larger Dividend Than Last Year

Aug 08
Jamieson Wellness (TSE:JWEL) Is Paying Out A Larger Dividend Than Last Year

Estimating The Fair Value Of Jamieson Wellness Inc. (TSE:JWEL)

Mar 25
Estimating The Fair Value Of Jamieson Wellness Inc. (TSE:JWEL)

Why Jamieson Wellness' (TSE:JWEL) Earnings Are Better Than They Seem

Nov 10
Why Jamieson Wellness' (TSE:JWEL) Earnings Are Better Than They Seem

Jamieson Wellness (TSE:JWEL) Will Pay A Larger Dividend Than Last Year At CA$0.17

Aug 13
Jamieson Wellness (TSE:JWEL) Will Pay A Larger Dividend Than Last Year At CA$0.17

Here's Why Jamieson Wellness (TSE:JWEL) Can Manage Its Debt Responsibly

Jul 30
Here's Why Jamieson Wellness (TSE:JWEL) Can Manage Its Debt Responsibly

Jamieson Wellness' (TSE:JWEL) Shareholders Will Receive A Bigger Dividend Than Last Year

May 10
Jamieson Wellness' (TSE:JWEL) Shareholders Will Receive A Bigger Dividend Than Last Year

Jamieson Wellness (TSE:JWEL) Has A Pretty Healthy Balance Sheet

Apr 21
Jamieson Wellness (TSE:JWEL) Has A Pretty Healthy Balance Sheet

Is Jamieson Wellness Inc. (TSE:JWEL) Trading At A 40% Discount?

Mar 10
Is Jamieson Wellness Inc. (TSE:JWEL) Trading At A 40% Discount?

Financial Position Analysis

Short Term Liabilities: JWEL's short term assets (CA$386.0M) exceed its short term liabilities (CA$139.9M).

Long Term Liabilities: JWEL's short term assets (CA$386.0M) do not cover its long term liabilities (CA$510.6M).


Debt to Equity History and Analysis

Debt Level: JWEL's net debt to equity ratio (80.1%) is considered high.

Reducing Debt: JWEL's debt to equity ratio has increased from 69.6% to 88.9% over the past 5 years.

Debt Coverage: JWEL's debt is not well covered by operating cash flow (11.6%).

Interest Coverage: JWEL's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


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