J&J Snack Foods Balance Sheet Health
Financial Health criteria checks 5/6
J&J Snack Foods has a total shareholder equity of $937.9M and total debt of $12.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are $1.4B and $442.8M respectively. J&J Snack Foods's EBIT is $121.1M making its interest coverage ratio -171.3. It has cash and short-term investments of $64.0M.
Key information
1.3%
Debt to equity ratio
US$12.00m
Debt
| Interest coverage ratio | -171.3x |
| Cash | US$64.05m |
| Equity | US$937.92m |
| Total liabilities | US$442.76m |
| Total assets | US$1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JJ1's short term assets ($461.1M) exceed its short term liabilities ($203.2M).
Long Term Liabilities: JJ1's short term assets ($461.1M) exceed its long term liabilities ($239.6M).
Debt to Equity History and Analysis
Debt Level: JJ1 has more cash than its total debt.
Reducing Debt: JJ1's debt to equity ratio has increased from 0% to 1.3% over the past 5 years.
Debt Coverage: JJ1's debt is well covered by operating cash flow (1609%).
Interest Coverage: JJ1 earns more interest than it pays, so coverage of interest payments is not a concern.