JPMorgan American Investment Trust Balance Sheet Health
Financial Health criteria checks 3/6
JPMorgan American Investment Trust has a total shareholder equity of £1.6B and total debt of £79.3M, which brings its debt-to-equity ratio to 5.1%. Its total assets and total liabilities are £1.6B and £79.3M respectively. JPMorgan American Investment Trust's EBIT is £318.7M making its interest coverage ratio 101.7. It has cash and short-term investments of £34.2M.
Key information
5.1%
Debt to equity ratio
UK£79.26m
Debt
Interest coverage ratio | 101.7x |
Cash | UK£34.21m |
Equity | UK£1.56b |
Total liabilities | UK£79.26m |
Total assets | UK£1.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAM's short term assets (£35.0M) exceed its short term liabilities (£1.1M).
Long Term Liabilities: JAM's short term assets (£35.0M) do not cover its long term liabilities (£78.1M).
Debt to Equity History and Analysis
Debt Level: JAM's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: JAM's debt to equity ratio has increased from 0% to 5.1% over the past 5 years.
Debt Coverage: JAM's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: JAM's interest payments on its debt are well covered by EBIT (101.7x coverage).