Fontana Balance Sheet Health
Financial Health criteria checks 5/6
Fontana has a total shareholder equity of JMD2.7B and total debt of JMD539.7M, which brings its debt-to-equity ratio to 19.8%. Its total assets and total liabilities are JMD5.8B and JMD3.0B respectively. Fontana's EBIT is JMD729.2M making its interest coverage ratio 8.8. It has cash and short-term investments of JMD1.7B.
Key information
19.8%
Debt to equity ratio
JA$539.69m
Debt
Interest coverage ratio | 8.8x |
Cash | JA$1.66b |
Equity | JA$2.72b |
Total liabilities | JA$3.03b |
Total assets | JA$5.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTNA's short term assets (JMD3.3B) exceed its short term liabilities (JMD1.4B).
Long Term Liabilities: FTNA's short term assets (JMD3.3B) exceed its long term liabilities (JMD1.6B).
Debt to Equity History and Analysis
Debt Level: FTNA has more cash than its total debt.
Reducing Debt: FTNA's debt to equity ratio has increased from 17.8% to 19.8% over the past 5 years.
Debt Coverage: FTNA's debt is well covered by operating cash flow (191.6%).
Interest Coverage: FTNA's interest payments on its debt are well covered by EBIT (8.8x coverage).