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 ratio14.1x
CashCA$3.83m
EquityCA$2.54m
Total liabilitiesCA$6.00m
Total assetsCA$8.54m

Recent financial health updates

Is Jade Power Trust (CVE:JPWR.UN) A Risky Investment?

Mar 15
Is Jade Power Trust (CVE:JPWR.UN) A Risky Investment?

Recent updates

Jade Power Trust's (CVE:JPWR.UN) Returns On Capital Are Heading Higher

Jun 17
Jade Power Trust's (CVE:JPWR.UN) Returns On Capital Are Heading Higher

Returns At Jade Power Trust (CVE:JPWR.UN) Are On The Way Up

Feb 28
Returns At Jade Power Trust (CVE:JPWR.UN) Are On The Way Up

Jade Power Trust (CVE:JPWR.UN) Is Looking To Continue Growing Its Returns On Capital

Sep 09
Jade Power Trust (CVE:JPWR.UN) Is Looking To Continue Growing Its Returns On Capital

Increases to Jade Power Trust's (CVE:JPWR.UN) CEO Compensation Might Cool off for now

Jun 23
Increases to Jade Power Trust's (CVE:JPWR.UN) CEO Compensation Might Cool off for now

Returns On Capital Are Showing Encouraging Signs At Jade Power Trust (CVE:JPWR.UN)

Jun 11
Returns On Capital Are Showing Encouraging Signs At Jade Power Trust (CVE:JPWR.UN)

Jade Power Trust's (CVE:JPWR.UN) Conservative Accounting Might Explain Soft Earnings

May 07
Jade Power Trust's (CVE:JPWR.UN) Conservative Accounting Might Explain Soft Earnings

Is Jade Power Trust (CVE:JPWR.UN) A Risky Investment?

Mar 15
Is Jade Power Trust (CVE:JPWR.UN) A Risky Investment?

Is Jade Power Trust's(CVE:JPWR.UN) Recent Stock Performance Tethered To Its Strong Fundamentals?

Jan 19
Is Jade Power Trust's(CVE:JPWR.UN) Recent Stock Performance Tethered To Its Strong Fundamentals?

A Look At Jade Power Trust's (CVE:JPWR.UN) CEO Remuneration

Dec 15
A Look At Jade Power Trust's (CVE:JPWR.UN) CEO Remuneration

Financial 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.


Balance Sheet

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