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Joules Group Balance Sheet Health
Financial Health criteria checks 4/6
Key information
42.6%
Debt to equity ratio
UK£22.40m
Debt
| Interest coverage ratio | 1.3x |
| Cash | UK£17.03m |
| Equity | UK£52.64m |
| Total liabilities | UK£140.45m |
| Total assets | UK£193.09m |
Recent financial health updates
These 4 Measures Indicate That Joules Group (LON:JOUL) Is Using Debt Extensively
Mar 10
Does Joules Group (LON:JOUL) Have A Healthy Balance Sheet?
May 20Joules Group (LON:JOUL) Has Debt But No Earnings; Should You Worry?
Feb 01Recent updates
Joules Group (LON:JOUL) Will Want To Turn Around Its Return Trends
Oct 11Joules Group's (LON:JOUL) Returns On Capital Not Reflecting Well On The Business
Jun 14These 4 Measures Indicate That Joules Group (LON:JOUL) Is Using Debt Extensively
Mar 10Joules Group's (LON:JOUL) Returns On Capital Not Reflecting Well On The Business
Feb 12Joules Group (LON:JOUL) May Have Issues Allocating Its Capital
Nov 05Does Joules Group (LON:JOUL) Have A Healthy Balance Sheet?
May 20Is Joules Group Plc (LON:JOUL) Trading At A 44% Discount?
Feb 28Joules Group (LON:JOUL) Has Debt But No Earnings; Should You Worry?
Feb 01Have Insiders Been Buying Joules Group Plc (LON:JOUL) Shares This Year?
Jan 01Are Investors Undervaluing Joules Group Plc (LON:JOUL) By 32%?
Nov 27Financial 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 21% 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).