Joules Group Financial Health

How is Joules Group's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: JOUL's short term assets (£104.0M) exceed its short term liabilities (£103.3M).

Long Term Liabilities: JOUL's short term assets (£104.0M) exceed its long term liabilities (£37.1M).


Debt to Equity History and Analysis

Debt Level: JOUL's net debt to equity ratio (10.2%) is considered satisfactory.

Reducing Debt: JOUL's debt to equity ratio has increased from 20.8% to 42.6% over the past 5 years.

Debt Coverage: JOUL's debt is well covered by operating cash flow (32.3%).

Interest Coverage: JOUL's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


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