Jamieson Wellness Balance Sheet Health
Financial Health criteria checks 2/6
Jamieson Wellness has a total shareholder equity of CA$481.2M and total debt of CA$414.4M, which brings its debt-to-equity ratio to 86.1%. Its total assets and total liabilities are CA$1.1B and CA$662.4M respectively. Jamieson Wellness's EBIT is CA$104.2M making its interest coverage ratio 3.8. It has cash and short-term investments of CA$40.2M.
Key information
86.1%
Debt to equity ratio
CA$414.41m
Debt
Interest coverage ratio | 3.8x |
Cash | CA$40.16m |
Equity | CA$481.20m |
Total liabilities | CA$662.38m |
Total assets | CA$1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2JW's short term assets (CA$392.9M) exceed its short term liabilities (CA$145.3M).
Long Term Liabilities: 2JW's short term assets (CA$392.9M) do not cover its long term liabilities (CA$517.1M).
Debt to Equity History and Analysis
Debt Level: 2JW's net debt to equity ratio (77.8%) is considered high.
Reducing Debt: 2JW's debt to equity ratio has increased from 68.9% to 86.1% over the past 5 years.
Debt Coverage: 2JW's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: 2JW's interest payments on its debt are well covered by EBIT (3.8x coverage).