Jubilee Metals Group Balance Sheet Health
Financial Health criteria checks 4/6
Jubilee Metals Group has a total shareholder equity of £181.1M and total debt of £17.1M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are £278.2M and £97.1M respectively. Jubilee Metals Group's EBIT is £14.7M making its interest coverage ratio 2.9. It has cash and short-term investments of £5.0M.
Key information
9.4%
Debt to equity ratio
UK£17.09m
Debt
Interest coverage ratio | 2.9x |
Cash | UK£4.96m |
Equity | UK£181.08m |
Total liabilities | UK£97.11m |
Total assets | UK£278.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JI5's short term assets (£92.1M) exceed its short term liabilities (£82.0M).
Long Term Liabilities: JI5's short term assets (£92.1M) exceed its long term liabilities (£15.2M).
Debt to Equity History and Analysis
Debt Level: JI5's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: JI5's debt to equity ratio has increased from 7.9% to 9.4% over the past 5 years.
Debt Coverage: JI5's debt is well covered by operating cash flow (97.4%).
Interest Coverage: JI5's interest payments on its debt are not well covered by EBIT (2.9x coverage).