Sagicor Group Jamaica Balance Sheet Health
Financial Health criteria checks 2/6
Sagicor Group Jamaica has a total shareholder equity of JMD102.2B and total debt of JMD111.3B, which brings its debt-to-equity ratio to 108.8%. Its total assets and total liabilities are JMD560.6B and JMD458.4B respectively. Sagicor Group Jamaica's EBIT is JMD27.4B making its interest coverage ratio 3.2. It has cash and short-term investments of JMD41.4B.
Key information
108.8%
Debt to equity ratio
JA$111.26b
Debt
Interest coverage ratio | 3.2x |
Cash | JA$41.40b |
Equity | JA$102.21b |
Total liabilities | JA$458.43b |
Total assets | JA$560.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SJ's short term assets (JMD85.5B) exceed its short term liabilities (JMD25.2B).
Long Term Liabilities: SJ's short term assets (JMD85.5B) do not cover its long term liabilities (JMD433.3B).
Debt to Equity History and Analysis
Debt Level: SJ's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: SJ's debt to equity ratio has increased from 83.9% to 108.8% 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 well covered by EBIT (3.2x coverage).