Joules Group Financial Health
How is Joules Group's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
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).