Jamaica Producers Group Balance Sheet Health
Financial Health criteria checks 6/6
Jamaica Producers Group has a total shareholder equity of JMD37.4B and total debt of JMD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JMD37.8B and JMD419.5M respectively. Jamaica Producers Group's EBIT is JMD63.5M making its interest coverage ratio 2.6. It has cash and short-term investments of JMD793.9M.
Key information
0%
Debt to equity ratio
JA$0
Debt
| Interest coverage ratio | 2.6x |
| Cash | JA$793.88m |
| Equity | JA$37.40b |
| Total liabilities | JA$419.54m |
| Total assets | JA$37.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JP's short term assets (JMD1.3B) exceed its short term liabilities (JMD415.2M).
Long Term Liabilities: JP's short term assets (JMD1.3B) exceed its long term liabilities (JMD4.3M).
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 16.1%.
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.