Jamaican Teas Balance Sheet Health
Financial Health criteria checks 5/6
Jamaican Teas has a total shareholder equity of JMD4.3B and total debt of JMD752.0M, which brings its debt-to-equity ratio to 17.4%. Its total assets and total liabilities are JMD5.5B and JMD1.2B respectively. Jamaican Teas's EBIT is JMD158.7M making its interest coverage ratio -0.6. It has cash and short-term investments of JMD358.0M.
Key information
17.4%
Debt to equity ratio
JA$752.03m
Debt
| Interest coverage ratio | -0.6x |
| Cash | JA$358.00m |
| Equity | JA$4.32b |
| Total liabilities | JA$1.21b |
| Total assets | JA$5.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAMT's short term assets (JMD2.1B) exceed its short term liabilities (JMD884.9M).
Long Term Liabilities: JAMT's short term assets (JMD2.1B) exceed its long term liabilities (JMD326.7M).
Debt to Equity History and Analysis
Debt Level: JAMT's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: JAMT's debt to equity ratio has increased from 16.6% to 17.4% over the past 5 years.
Debt Coverage: JAMT's debt is well covered by operating cash flow (39.4%).
Interest Coverage: JAMT earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Jamaican Teas Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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