CAC 2000 Balance Sheet Health
Financial Health criteria checks 2/6
CAC 2000 has a total shareholder equity of JMD392.2M and total debt of JMD337.7M, which brings its debt-to-equity ratio to 86.1%. Its total assets and total liabilities are JMD1.2B and JMD845.4M respectively. CAC 2000's EBIT is JMD34.4M making its interest coverage ratio 0.9. It has cash and short-term investments of JMD74.1M.
Key information
86.1%
Debt to equity ratio
JA$337.67m
Debt
| Interest coverage ratio | 0.9x |
| Cash | JA$74.13m |
| Equity | JA$392.21m |
| Total liabilities | JA$845.37m |
| Total assets | JA$1.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAC9.50's short term assets (JMD1.1B) exceed its short term liabilities (JMD578.7M).
Long Term Liabilities: CAC9.50's short term assets (JMD1.1B) exceed its long term liabilities (JMD266.7M).
Debt to Equity History and Analysis
Debt Level: CAC9.50's net debt to equity ratio (67.2%) is considered high.
Reducing Debt: CAC9.50's debt to equity ratio has increased from 62.1% to 86.1% over the past 5 years.
Debt Coverage: CAC9.50's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CAC9.50's interest payments on its debt are not well covered by EBIT (0.9x coverage).