Jack in the Box Balance Sheet Health
Financial Health criteria checks 1/6
Jack in the Box has a total shareholder equity of $-708.2M and total debt of $1.7B, which brings its debt-to-equity ratio to -246.9%. Its total assets and total liabilities are $2.9B and $3.6B respectively. Jack in the Box's EBIT is $249.0M making its interest coverage ratio 3.1. It has cash and short-term investments of $54.0M.
Key information
-246.9%
Debt to equity ratio
US$1.75b
Debt
Interest coverage ratio | 3.1x |
Cash | US$53.98m |
Equity | -US$708.16m |
Total liabilities | US$3.60b |
Total assets | US$2.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JBX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: JBX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: JBX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: JBX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: JBX's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: JBX's interest payments on its debt are well covered by EBIT (3.1x coverage).