Sagicor Group Jamaica Balance Sheet Health
Financial Health criteria checks 3/6
Sagicor Group Jamaica has a total shareholder equity of JMD101.0B and total debt of JMD2.2B, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are JMD569.3B and JMD468.3B respectively. Sagicor Group Jamaica's EBIT is JMD25.2B making its interest coverage ratio 2.9. It has cash and short-term investments of JMD40.2B.
Key information
2.2%
Debt to equity ratio
JA$2.20b
Debt
| Interest coverage ratio | 2.9x |
| Cash | JA$40.23b |
| Equity | JA$101.00b |
| Total liabilities | JA$468.30b |
| Total assets | JA$569.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SJ's short term assets (JMD66.1B) exceed its short term liabilities (JMD934.8M).
Long Term Liabilities: SJ's short term assets (JMD66.1B) do not cover its long term liabilities (JMD467.4B).
Debt to Equity History and Analysis
Debt Level: SJ has more cash than its total debt.
Reducing Debt: SJ's debt to equity ratio has reduced from 8.9% to 2.2% over the past 5 years.
Debt Coverage: SJ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SJ's interest payments on its debt are not well covered by EBIT (2.9x coverage).