Jersey Electricity Balance Sheet Health
Financial Health criteria checks 5/6
Jersey Electricity has a total shareholder equity of £245.0M and total debt of £30.2M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are £368.0M and £123.1M respectively. Jersey Electricity's EBIT is £15.3M making its interest coverage ratio -20.1. It has cash and short-term investments of £49.2M.
Key information
12.3%
Debt to equity ratio
UK£30.24m
Debt
| Interest coverage ratio | -20.1x |
| Cash | UK£49.19m |
| Equity | UK£244.96m |
| Total liabilities | UK£123.06m |
| Total assets | UK£368.02m |
Recent financial health updates
Is Jersey Electricity (LON:JEL) Using Too Much Debt?
Mar 29
These 4 Measures Indicate That Jersey Electricity (LON:JEL) Is Using Debt Reasonably Well
Dec 28
Recent updates
Jersey Electricity (LON:JEL) Has Announced That It Will Be Increasing Its Dividend To £0.12
Dec 22Jersey Electricity (LON:JEL) Is Due To Pay A Dividend Of £0.084
May 23Here's Why It's Unlikely That Jersey Electricity plc's (LON:JEL) CEO Will See A Pay Rise This Year
Feb 28Jersey Electricity's (LON:JEL) Upcoming Dividend Will Be Larger Than Last Year's
May 20Increases to Jersey Electricity plc's (LON:JEL) CEO Compensation Might Cool off for now
Mar 02Jersey Electricity (LON:JEL) Is Paying Out A Larger Dividend Than Last Year
Jan 21Jersey Electricity (LON:JEL) Will Pay A Larger Dividend Than Last Year At £0.108
Jan 07Jersey Electricity (LON:JEL) Is Increasing Its Dividend To £0.108
Dec 24Jersey Electricity (LON:JEL) Has Announced That It Will Be Increasing Its Dividend To UK£0.076
May 24Shareholders May Be More Conservative With Jersey Electricity plc's (LON:JEL) CEO Compensation For Now
Feb 24Jersey Electricity (LON:JEL) Has Announced That It Will Be Increasing Its Dividend To UK£0.10
Jan 05Jersey Electricity's (LON:JEL) Promising Earnings May Rest On Soft Foundations
Dec 21Jersey Electricity's (LON:JEL) Dividend Will Be Increased To UK£0.10
Dec 19Return Trends At Jersey Electricity (LON:JEL) Aren't Appealing
May 04Is Jersey Electricity (LON:JEL) Using Too Much Debt?
Mar 29Is Jersey Electricity plc's (LON:JEL) 4.0% Dividend Worth Your Time?
Mar 08Three Days Left To Buy Jersey Electricity plc (LON:JEL) Before The Ex-Dividend Date
Feb 14The Jersey Electricity (LON:JEL) Share Price Is Up 13% And Shareholders Are Holding On
Feb 08Is Jersey Electricity (LON:JEL) Likely To Turn Things Around?
Jan 18These 4 Measures Indicate That Jersey Electricity (LON:JEL) Is Using Debt Reasonably Well
Dec 28How Does Jersey Electricity plc (LON:JEL) Fare As A Dividend Stock?
Dec 07Financial Position Analysis
Short Term Liabilities: JEL's short term assets (£82.5M) exceed its short term liabilities (£29.3M).
Long Term Liabilities: JEL's short term assets (£82.5M) do not cover its long term liabilities (£93.7M).
Debt to Equity History and Analysis
Debt Level: JEL has more cash than its total debt.
Reducing Debt: JEL's debt to equity ratio has reduced from 15.2% to 12.3% over the past 5 years.
Debt Coverage: JEL's debt is well covered by operating cash flow (80.7%).
Interest Coverage: JEL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 23:22 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jersey Electricity plc is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Keen | Edison Investment Research |