Just Group Balance Sheet Health
Financial Health criteria checks 3/6
Just Group has a total shareholder equity of £1.2B and total debt of £4.0B, which brings its debt-to-equity ratio to 326.7%. Its total assets and total liabilities are £33.4B and £32.2B respectively. Just Group's EBIT is £1.6B making its interest coverage ratio 1.1. It has cash and short-term investments of £31.0B.
Key information
326.7%
Debt to equity ratio
UK£4.02b
Debt
| Interest coverage ratio | 1.1x |
| Cash | UK£30.98b |
| Equity | UK£1.23b |
| Total liabilities | UK£32.16b |
| Total assets | UK£33.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JUST's short term assets (£32.8B) exceed its short term liabilities (£4.3B).
Long Term Liabilities: JUST's short term assets (£32.8B) exceed its long term liabilities (£27.9B).
Debt to Equity History and Analysis
Debt Level: JUST has more cash than its total debt.
Reducing Debt: JUST's debt to equity ratio has increased from 28.1% to 326.7% over the past 5 years.
Debt Coverage: JUST's debt is not well covered by operating cash flow (9.5%).
Interest Coverage: JUST's interest payments on its debt are not well covered by EBIT (1.1x coverage).