JMMB Group Balance Sheet Health
Financial Health criteria checks 2/6
JMMB Group has a total shareholder equity of JMD72.8B and total debt of JMD441.1B, which brings its debt-to-equity ratio to 606.1%. Its total assets and total liabilities are JMD726.0B and JMD653.2B respectively.
Key information
606.1%
Debt to equity ratio
JA$441.11b
Debt
Interest coverage ratio | n/a |
Cash | JA$61.99b |
Equity | JA$72.77b |
Total liabilities | JA$653.20b |
Total assets | JA$725.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JMMBGL's short term assets (JMD281.9B) exceed its short term liabilities (JMD15.8B).
Long Term Liabilities: JMMBGL's short term assets (JMD281.9B) do not cover its long term liabilities (JMD637.4B).
Debt to Equity History and Analysis
Debt Level: JMMBGL's net debt to equity ratio (521%) is considered high.
Reducing Debt: JMMBGL's debt to equity ratio has reduced from 824.3% to 606.1% over the past 5 years.
Debt Coverage: JMMBGL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if JMMBGL's interest payments on its debt are well covered by EBIT.