Journeo Balance Sheet Health
Financial Health criteria checks 6/6
Journeo has a total shareholder equity of £12.7M and total debt of £227.0K, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are £35.8M and £23.0M respectively. Journeo's EBIT is £4.3M making its interest coverage ratio 17.8. It has cash and short-term investments of £8.1M.
Key information
1.8%
Debt to equity ratio
UK£227.00k
Debt
| Interest coverage ratio | 17.8x |
| Cash | UK£8.12m |
| Equity | UK£12.74m |
| Total liabilities | UK£23.02m |
| Total assets | UK£35.75m |
Recent financial health updates
Journeo (LON:JNEO) Has A Pretty Healthy Balance Sheet
Apr 09
Is Journeo (LON:JNEO) Using Too Much Debt?
May 11Recent updates
Do Journeo's (LON:JNEO) Earnings Warrant Your Attention?
Mar 23Journeo plc's (LON:JNEO) 33% Jump Shows Its Popularity With Investors
Dec 18New Forecasts: Here's What One Analyst Thinks The Future Holds For Journeo plc (LON:JNEO)
Nov 30With EPS Growth And More, Journeo (LON:JNEO) Makes An Interesting Case
Sep 25With EPS Growth And More, Journeo (LON:JNEO) Makes An Interesting Case
Dec 20Journeo (LON:JNEO) Has A Pretty Healthy Balance Sheet
Apr 09Is Journeo (LON:JNEO) Using Too Much Debt?
May 11A Look At The Fair Value Of Journeo plc (LON:JNEO)
Mar 19Have Insiders Been Buying Journeo plc (LON:JNEO) Shares This Year?
Nov 20Financial Position Analysis
Short Term Liabilities: JNEO's short term assets (£27.2M) exceed its short term liabilities (£16.8M).
Long Term Liabilities: JNEO's short term assets (£27.2M) exceed its long term liabilities (£6.2M).
Debt to Equity History and Analysis
Debt Level: JNEO has more cash than its total debt.
Reducing Debt: JNEO's debt to equity ratio has reduced from 14327.3% to 1.8% over the past 5 years.
Debt Coverage: JNEO's debt is well covered by operating cash flow (733%).
Interest Coverage: JNEO's interest payments on its debt are well covered by EBIT (17.8x coverage).