Great Ajax Balance Sheet Health
Financial Health criteria checks 3/6
Great Ajax has a total shareholder equity of $247.1M and total debt of $605.7M, which brings its debt-to-equity ratio to 245.1%. Its total assets and total liabilities are $858.2M and $611.1M respectively.
Key information
245.1%
Debt to equity ratio
US$605.67m
Debt
| Interest coverage ratio | n/a |
| Cash | US$84.02m |
| Equity | US$247.09m |
| Total liabilities | US$611.06m |
| Total assets | US$858.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 45R's short term assets ($533.4M) exceed its short term liabilities ($236.9M).
Long Term Liabilities: 45R's short term assets ($533.4M) exceed its long term liabilities ($374.2M).
Debt to Equity History and Analysis
Debt Level: 45R's net debt to equity ratio (211.1%) is considered high.
Reducing Debt: 45R's debt to equity ratio has reduced from 331.9% to 245.1% 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.