Jacquet Metals Balance Sheet Health
Financial Health criteria checks 6/6
Jacquet Metals has a total shareholder equity of €686.0M and total debt of €495.0M, which brings its debt-to-equity ratio to 72.2%. Its total assets and total liabilities are €1.7B and €982.0M respectively. Jacquet Metals's EBIT is €121.5M making its interest coverage ratio 8.5. It has cash and short-term investments of €263.0M.
Key information
72.2%
Debt to equity ratio
€495.00m
Debt
Interest coverage ratio | 8.5x |
Cash | €263.00m |
Equity | €686.00m |
Total liabilities | €982.00m |
Total assets | €1.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JCQP's short term assets (€1.2B) exceed its short term liabilities (€313.0M).
Long Term Liabilities: JCQP's short term assets (€1.2B) exceed its long term liabilities (€669.0M).
Debt to Equity History and Analysis
Debt Level: JCQP's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: JCQP's debt to equity ratio has reduced from 96.1% to 72.2% over the past 5 years.
Debt Coverage: JCQP's debt is well covered by operating cash flow (30.4%).
Interest Coverage: JCQP's interest payments on its debt are well covered by EBIT (8.5x coverage).