Caribbean Producers (Jamaica) Balance Sheet Health
Financial Health criteria checks 4/6
Caribbean Producers (Jamaica) has a total shareholder equity of $35.6M and total debt of $33.2M, which brings its debt-to-equity ratio to 93.3%. Its total assets and total liabilities are $95.5M and $59.9M respectively. Caribbean Producers (Jamaica)'s EBIT is $10.4M making its interest coverage ratio 3. It has cash and short-term investments of $8.3M.
Key information
93.3%
Debt to equity ratio
US$33.23m
Debt
Interest coverage ratio | 3x |
Cash | US$8.25m |
Equity | US$35.62m |
Total liabilities | US$59.89m |
Total assets | US$95.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CPJ's short term assets ($65.7M) exceed its short term liabilities ($29.1M).
Long Term Liabilities: CPJ's short term assets ($65.7M) exceed its long term liabilities ($30.8M).
Debt to Equity History and Analysis
Debt Level: CPJ's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: CPJ's debt to equity ratio has reduced from 123.5% to 93.3% over the past 5 years.
Debt Coverage: CPJ's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: CPJ's interest payments on its debt are well covered by EBIT (3x coverage).