J&J Snack Foods Balance Sheet Health
Financial Health criteria checks 5/6
J&J Snack Foods has a total shareholder equity of $912.5M and total debt of $7.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are $1.3B and $380.1M respectively. J&J Snack Foods's EBIT is $111.6M making its interest coverage ratio 79.6. It has cash and short-term investments of $50.0M.
Key information
0.8%
Debt to equity ratio
US$7.00m
Debt
Interest coverage ratio | 79.6x |
Cash | US$50.02m |
Equity | US$912.46m |
Total liabilities | US$380.10m |
Total assets | US$1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JJ1's short term assets ($397.3M) exceed its short term liabilities ($165.3M).
Long Term Liabilities: JJ1's short term assets ($397.3M) exceed its long term liabilities ($214.8M).
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 0.8% over the past 5 years.
Debt Coverage: JJ1's debt is well covered by operating cash flow (2854.6%).
Interest Coverage: JJ1's interest payments on its debt are well covered by EBIT (79.6x coverage).