JONIX Balance Sheet Health
Financial Health criteria checks 4/6
JONIX has a total shareholder equity of €6.4M and total debt of €498.6K, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are €7.4M and €994.3K respectively.
Key information
7.8%
Debt to equity ratio
€498.59k
Debt
Interest coverage ratio | n/a |
Cash | €551.84k |
Equity | €6.36m |
Total liabilities | €994.35k |
Total assets | €7.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9XA's short term assets (€6.5M) exceed its short term liabilities (€615.5K).
Long Term Liabilities: 9XA's short term assets (€6.5M) exceed its long term liabilities (€378.8K).
Debt to Equity History and Analysis
Debt Level: 9XA has more cash than its total debt.
Reducing Debt: 9XA's debt to equity ratio has increased from 0% to 7.8% over the past 5 years.
Debt Coverage: 9XA's debt is well covered by operating cash flow (139.8%).
Interest Coverage: Insufficient data to determine if 9XA's interest payments on its debt are well covered by EBIT.