Great Ajax Balance Sheet Health
Financial Health criteria checks 3/6
Great Ajax has a total shareholder equity of $310.9M and total debt of $1.0B, which brings its debt-to-equity ratio to 326.1%. Its total assets and total liabilities are $1.3B and $1.0B respectively.
Key information
326.1%
Debt to equity ratio
US$1.01b
Debt
Interest coverage ratio | n/a |
Cash | US$52.83m |
Equity | US$310.90m |
Total liabilities | US$1.03b |
Total assets | US$1.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 45R's short term assets ($1.0B) exceed its short term liabilities ($507.3M).
Long Term Liabilities: 45R's short term assets ($1.0B) exceed its long term liabilities ($518.1M).
Debt to Equity History and Analysis
Debt Level: 45R's net debt to equity ratio (309.1%) is considered high.
Reducing Debt: 45R's debt to equity ratio has reduced from 377.5% to 326.1% over the past 5 years.
Debt Coverage: 45R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 45R's interest payments on its debt are well covered by EBIT.