Cargojet Financial Health
How is Cargojet's financial position?
Financial Health Score
3/6Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: CJT's short term assets (CA$122.6M) do not cover its short term liabilities (CA$140.2M).
Long Term Liabilities: CJT's short term assets (CA$122.6M) do not cover its long term liabilities (CA$899.6M).
Debt to Equity History and Analysis
Debt Level: CJT's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: CJT's debt to equity ratio has reduced from 138.4% to 60.7% over the past 5 years.
Debt Coverage: CJT's debt is well covered by operating cash flow (55.6%).
Interest Coverage: CJT's interest payments on its debt are well covered by EBIT (7.4x coverage).