Cargojet Financial Health

How is Cargojet's financial position?

Financial Health Score

3/6

Financial 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).


Balance Sheet


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