Jamaica Broilers Group Balance Sheet Health
Financial Health criteria checks 3/6
Jamaica Broilers Group has a total shareholder equity of JMD29.1B and total debt of JMD35.7B, which brings its debt-to-equity ratio to 122.8%. Its total assets and total liabilities are JMD79.8B and JMD50.7B respectively. Jamaica Broilers Group's EBIT is JMD8.6B making its interest coverage ratio 3.4. It has cash and short-term investments of JMD3.0B.
Key information
122.8%
Debt to equity ratio
JA$35.71b
Debt
| Interest coverage ratio | 3.4x |
| Cash | JA$3.02b |
| Equity | JA$29.08b |
| Total liabilities | JA$50.71b |
| Total assets | JA$79.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JBG's short term assets (JMD52.4B) exceed its short term liabilities (JMD32.6B).
Long Term Liabilities: JBG's short term assets (JMD52.4B) exceed its long term liabilities (JMD18.1B).
Debt to Equity History and Analysis
Debt Level: JBG's net debt to equity ratio (112.4%) is considered high.
Reducing Debt: JBG's debt to equity ratio has increased from 95.5% to 122.8% over the past 5 years.
Debt Coverage: JBG's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: JBG's interest payments on its debt are well covered by EBIT (3.4x coverage).