JM Balance Sheet Health
Financial Health criteria checks 3/6
JM has a total shareholder equity of SEK8.1B and total debt of SEK15.3B, which brings its debt-to-equity ratio to 189%. Its total assets and total liabilities are SEK29.9B and SEK21.8B respectively. JM's EBIT is SEK939.0M making its interest coverage ratio 9.8. It has cash and short-term investments of SEK673.0M.
Key information
189.0%
Debt to equity ratio
kr15.30b
Debt
Interest coverage ratio | 9.8x |
Cash | kr673.00m |
Equity | kr8.10b |
Total liabilities | kr21.80b |
Total assets | kr29.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JMM's short term assets (SEK29.4B) exceed its short term liabilities (SEK18.4B).
Long Term Liabilities: JMM's short term assets (SEK29.4B) exceed its long term liabilities (SEK3.4B).
Debt to Equity History and Analysis
Debt Level: JMM's net debt to equity ratio (180.6%) is considered high.
Reducing Debt: JMM's debt to equity ratio has increased from 67.9% to 189% over the past 5 years.
Debt Coverage: JMM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JMM's interest payments on its debt are well covered by EBIT (9.8x coverage).