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 ratio | 3.1x |
| Cash | CA$42.40m |
| Equity | CA$484.97m |
| Total liabilities | CA$650.50m |
| 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 21Recent 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 10Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jamieson Wellness Inc. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Rosen | Accountability Research Corporation |
| Stephen MacLeod | BMO Capital Markets Equity Research |
| Tania Armstrong-Whitworth | Canaccord Genuity |