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 £3.3B, which brings its debt-to-equity ratio to 270.6%. Its total assets and total liabilities are £31.8B and £30.6B respectively. Just Group's EBIT is £1.6B making its interest coverage ratio 1.1. It has cash and short-term investments of £29.3B.
Key information
270.6%
Debt to equity ratio
UK£3.26b
Debt
Interest coverage ratio | 1.1x |
Cash | UK£29.26b |
Equity | UK£1.20b |
Total liabilities | UK£30.64b |
Total assets | UK£31.84b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: JUST's short term assets (£31.2B) exceed its short term liabilities (£3.3B).
Long Term Liabilities: JUST's short term assets (£31.2B) exceed its long term liabilities (£27.4B).
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 35% to 270.6% over the past 5 years.
Debt Coverage: JUST's debt is not well covered by operating cash flow (4.3%).
Interest Coverage: JUST's interest payments on its debt are not well covered by EBIT (1.1x coverage).