Jacquet Metals Balance Sheet Health
Financial Health criteria checks 5/6
Jacquet Metals has a total shareholder equity of €682.0M and total debt of €556.0M, which brings its debt-to-equity ratio to 81.5%. Its total assets and total liabilities are €1.8B and €1.1B respectively. Jacquet Metals's EBIT is €40.5M making its interest coverage ratio 2.9. It has cash and short-term investments of €389.0M.
Key information
81.5%
Debt to equity ratio
€556.00m
Debt
Interest coverage ratio | 2.9x |
Cash | €389.00m |
Equity | €682.00m |
Total liabilities | €1.12b |
Total assets | €1.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IN3's short term assets (€1.4B) exceed its short term liabilities (€275.0M).
Long Term Liabilities: 0IN3's short term assets (€1.4B) exceed its long term liabilities (€846.0M).
Debt to Equity History and Analysis
Debt Level: 0IN3's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: 0IN3's debt to equity ratio has reduced from 83.4% to 81.5% over the past 5 years.
Debt Coverage: 0IN3's debt is well covered by operating cash flow (35.3%).
Interest Coverage: 0IN3's interest payments on its debt are not well covered by EBIT (2.9x coverage).