JTC Balance Sheet Health
Financial Health criteria checks 5/6
JTC has a total shareholder equity of £503.9M and total debt of £220.5M, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are £905.1M and £401.2M respectively. JTC's EBIT is £56.5M making its interest coverage ratio 5.1. It has cash and short-term investments of £97.2M.
Key information
43.8%
Debt to equity ratio
UK£220.53m
Debt
Interest coverage ratio | 5.1x |
Cash | UK£97.22m |
Equity | UK£503.88m |
Total liabilities | UK£401.22m |
Total assets | UK£905.10m |
Recent financial health updates
No updates
Recent updates
JTC (LON:JTC) Has Announced That It Will Be Increasing Its Dividend To £0.0767
Apr 18Earnings Tell The Story For JTC PLC (LON:JTC)
Dec 21JTC (LON:JTC) Is Increasing Its Dividend To £0.035
Sep 21If EPS Growth Is Important To You, JTC (LON:JTC) Presents An Opportunity
Aug 02Here's Why We Think JTC (LON:JTC) Might Deserve Your Attention Today
Jun 25JTC (LON:JTC) Is Increasing Its Dividend To UK£0.051
Jun 02JTC's (LON:JTC) Dividend Will Be Increased To UK£0.051
May 17JTC (LON:JTC) Is Increasing Its Dividend To UK£0.051
May 03Getting In Cheap On JTC PLC (LON:JTC) Is Unlikely
Dec 27JTC (LON:JTC) Is Increasing Its Dividend To UK£0.026
Sep 24Earnings Miss: JTC PLC Missed EPS By 51% And Analysts Are Revising Their Forecasts
Apr 16Did JTC's (LON:JTC) Share Price Deserve to Gain 48%?
Mar 05If You Like EPS Growth Then Check Out JTC (LON:JTC) Before It's Too Late
Feb 16Are Investors Undervaluing JTC PLC (LON:JTC) By 20%?
Feb 01Should You Review Recent Insider Transactions At JTC PLC (LON:JTC)?
Jan 16What To Know Before Buying JTC PLC (LON:JTC) For Its Dividend
Jan 03Are Robust Financials Driving The Recent Rally In JTC PLC's (LON:JTC) Stock?
Dec 21Do Insiders Own Lots Of Shares In JTC PLC (LON:JTC)?
Dec 07Did JTC's (LON:JTC) Share Price Deserve to Gain 54%?
Nov 23Financial Position Analysis
Short Term Liabilities: JTC's short term assets (£178.6M) exceed its short term liabilities (£79.2M).
Long Term Liabilities: JTC's short term assets (£178.6M) do not cover its long term liabilities (£322.0M).
Debt to Equity History and Analysis
Debt Level: JTC's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: JTC's debt to equity ratio has reduced from 66.7% to 43.8% over the past 5 years.
Debt Coverage: JTC's debt is well covered by operating cash flow (36.9%).
Interest Coverage: JTC's interest payments on its debt are well covered by EBIT (5.1x coverage).