Jamaican Teas Balance Sheet Health

Financial Health criteria checks 4/6

Jamaican Teas has a total shareholder equity of JMD4.3B and total debt of JMD736.1M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are JMD5.5B and JMD1.2B respectively. Jamaican Teas's EBIT is JMD155.3M making its interest coverage ratio -1.4. It has cash and short-term investments of JMD372.0M.

Key information

17.0%

Debt to equity ratio

JA$736.13m

Debt

Interest coverage ratio-1.4x
CashJA$372.04m
EquityJA$4.32b
Total liabilitiesJA$1.15b
Total assetsJA$5.47b

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 (JMD776.4M).

Long Term Liabilities: JAMT's short term assets (JMD2.1B) exceed its long term liabilities (JMD373.7M).


Debt to Equity History and Analysis

Debt Level: JAMT's net debt to equity ratio (8.4%) is considered satisfactory.

Reducing Debt: JAMT's debt to equity ratio has increased from 13.1% to 17% over the past 5 years.

Debt Coverage: JAMT's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: JAMT earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies