JPMorgan Global Growth & Income Balance Sheet Health
Financial Health criteria checks 6/6
JPMorgan Global Growth & Income has a total shareholder equity of £2.1B and total debt of £139.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are £2.2B and £145.1M respectively. JPMorgan Global Growth & Income's EBIT is £339.1M making its interest coverage ratio 68.6. It has cash and short-term investments of £155.5M.
Key information
6.7%
Debt to equity ratio
UK£138.97m
Debt
| Interest coverage ratio | 68.6x |
| Cash | UK£155.53m |
| Equity | UK£2.07b |
| Total liabilities | UK£145.07m |
| Total assets | UK£2.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JGGIL's short term assets (£168.0M) exceed its short term liabilities (£5.6M).
Long Term Liabilities: JGGIL's short term assets (£168.0M) exceed its long term liabilities (£139.5M).
Debt to Equity History and Analysis
Debt Level: JGGIL has more cash than its total debt.
Reducing Debt: JGGIL's debt to equity ratio has reduced from 8% to 6.7% over the past 5 years.
Debt Coverage: JGGIL's debt is well covered by operating cash flow (24.9%).
Interest Coverage: JGGIL's interest payments on its debt are well covered by EBIT (68.6x coverage).