Jade Power Trust Balance Sheet Health
Financial Health criteria checks 6/6
Jade Power Trust has a total shareholder equity of CA$2.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$8.5M and CA$6.0M respectively. Jade Power Trust's EBIT is CA$2.1M making its interest coverage ratio 14.1. It has cash and short-term investments of CA$3.8M.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | 14.1x |
Cash | CA$3.83m |
Equity | CA$2.54m |
Total liabilities | CA$6.00m |
Total assets | CA$8.54m |
Recent financial health updates
Recent updates
Jade Power Trust's (CVE:JPWR.UN) Returns On Capital Are Heading Higher
Jun 17Returns At Jade Power Trust (CVE:JPWR.UN) Are On The Way Up
Feb 28Jade Power Trust (CVE:JPWR.UN) Is Looking To Continue Growing Its Returns On Capital
Sep 09Increases to Jade Power Trust's (CVE:JPWR.UN) CEO Compensation Might Cool off for now
Jun 23Returns On Capital Are Showing Encouraging Signs At Jade Power Trust (CVE:JPWR.UN)
Jun 11Jade Power Trust's (CVE:JPWR.UN) Conservative Accounting Might Explain Soft Earnings
May 07Is Jade Power Trust (CVE:JPWR.UN) A Risky Investment?
Mar 15Is Jade Power Trust's(CVE:JPWR.UN) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 19A Look At Jade Power Trust's (CVE:JPWR.UN) CEO Remuneration
Dec 15Financial Position Analysis
Short Term Liabilities: JPWR.H's short term assets (CA$8.5M) exceed its short term liabilities (CA$5.3M).
Long Term Liabilities: JPWR.H's short term assets (CA$8.5M) exceed its long term liabilities (CA$728.9K).
Debt to Equity History and Analysis
Debt Level: JPWR.H is debt free.
Reducing Debt: JPWR.H has no debt compared to 5 years ago when its debt to equity ratio was 9.8%.
Debt Coverage: JPWR.H has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: JPWR.H has no debt, therefore coverage of interest payments is not a concern.