Jamaica Producers Group Balance Sheet Health
Financial Health criteria checks 6/6
Jamaica Producers Group has a total shareholder equity of JMD36.8B and total debt of JMD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JMD37.2B and JMD426.8M respectively. Jamaica Producers Group's EBIT is JMD56.2M making its interest coverage ratio 2.5. It has cash and short-term investments of JMD739.2M.
Key information
0%
Debt to equity ratio
JA$0
Debt
| Interest coverage ratio | 2.5x |
| Cash | JA$739.17m |
| Equity | JA$36.75b |
| Total liabilities | JA$426.77m |
| Total assets | JA$37.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JP's short term assets (JMD1.2B) exceed its short term liabilities (JMD422.1M).
Long Term Liabilities: JP's short term assets (JMD1.2B) exceed its long term liabilities (JMD4.6M).
Debt to Equity History and Analysis
Debt Level: JP is debt free.
Reducing Debt: JP has no debt compared to 5 years ago when its debt to equity ratio was 16.9%.
Debt Coverage: JP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: JP has no debt, therefore coverage of interest payments is not a concern.