Jungle21 Balance Sheet Health
Financial Health criteria checks 4/6
Jungle21 has a total shareholder equity of €3.1M and total debt of €6.5M, which brings its debt-to-equity ratio to 207.8%. Its total assets and total liabilities are €15.3M and €12.2M respectively. Jungle21's EBIT is €3.4M making its interest coverage ratio 13.2. It has cash and short-term investments of €4.4M.
Key information
207.8%
Debt to equity ratio
€6.49m
Debt
| Interest coverage ratio | 13.2x |
| Cash | €4.41m |
| Equity | €3.12m |
| Total liabilities | €12.23m |
| Total assets | €15.35m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MLJ21's short term assets (€10.1M) exceed its short term liabilities (€9.1M).
Long Term Liabilities: MLJ21's short term assets (€10.1M) exceed its long term liabilities (€3.1M).
Debt to Equity History and Analysis
Debt Level: MLJ21's net debt to equity ratio (66.5%) is considered high.
Reducing Debt: Insufficient data to determine if MLJ21's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MLJ21's debt is well covered by operating cash flow (54.8%).
Interest Coverage: MLJ21's interest payments on its debt are well covered by EBIT (13.2x coverage).