Jubilee Metals Group Balance Sheet Health
Financial Health criteria checks 5/6
Jubilee Metals Group has a total shareholder equity of $259.0M and total debt of $28.1M, which brings its debt-to-equity ratio to 10.8%. Its total assets and total liabilities are $414.0M and $155.0M respectively. Jubilee Metals Group's EBIT is $11.8M making its interest coverage ratio 1.7. It has cash and short-term investments of $19.5M.
Key information
10.8%
Debt to equity ratio
US$28.06m
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$19.50m |
| Equity | US$258.96m |
| Total liabilities | US$155.00m |
| Total assets | US$413.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JI5's short term assets ($150.7M) exceed its short term liabilities ($133.3M).
Long Term Liabilities: JI5's short term assets ($150.7M) exceed its long term liabilities ($21.7M).
Debt to Equity History and Analysis
Debt Level: JI5's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: JI5's debt to equity ratio has reduced from 16.1% to 10.8% over the past 5 years.
Debt Coverage: JI5's debt is well covered by operating cash flow (62.8%).
Interest Coverage: JI5's interest payments on its debt are not well covered by EBIT (1.7x coverage).