Caribbean Flavours and Fragrances Balance Sheet Health
Financial Health criteria checks 4/6
Caribbean Flavours and Fragrances has a total shareholder equity of JMD664.1M and total debt of JMD12.4M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are JMD808.0M and JMD143.9M respectively. Caribbean Flavours and Fragrances's EBIT is JMD125.3M making its interest coverage ratio -23. It has cash and short-term investments of JMD108.3M.
Key information
1.9%
Debt to equity ratio
JA$12.37m
Debt
| Interest coverage ratio | -23x |
| Cash | JA$108.28m |
| Equity | JA$664.14m |
| Total liabilities | JA$143.88m |
| Total assets | JA$808.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CFF's short term assets (JMD651.4M) exceed its short term liabilities (JMD62.7M).
Long Term Liabilities: CFF's short term assets (JMD651.4M) exceed its long term liabilities (JMD81.2M).
Debt to Equity History and Analysis
Debt Level: CFF has more cash than its total debt.
Reducing Debt: CFF's debt to equity ratio has increased from 1.6% to 1.9% over the past 5 years.
Debt Coverage: CFF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CFF earns more interest than it pays, so coverage of interest payments is not a concern.