Jerónimo Martins SGPS Balance Sheet Health
Financial Health criteria checks 4/6
Jerónimo Martins SGPS has a total shareholder equity of €3.1B and total debt of €790.0M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are €11.8B and €8.6B respectively. Jerónimo Martins SGPS's EBIT is €1.3B making its interest coverage ratio 6. It has cash and short-term investments of €1.9B.
Key information
25.1%
Debt to equity ratio
€790.00m
Debt
Interest coverage ratio | 6x |
Cash | €1.94b |
Equity | €3.15b |
Total liabilities | €8.61b |
Total assets | €11.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JEM's short term assets (€1.9B) do not cover its short term liabilities (€4.1B).
Long Term Liabilities: JEM's short term assets (€1.9B) do not cover its long term liabilities (€4.5B).
Debt to Equity History and Analysis
Debt Level: JEM has more cash than its total debt.
Reducing Debt: JEM's debt to equity ratio has reduced from 35% to 25.1% over the past 5 years.
Debt Coverage: JEM's debt is well covered by operating cash flow (256.3%).
Interest Coverage: JEM's interest payments on its debt are well covered by EBIT (6x coverage).