AMG Packaging & Paper Balance Sheet Health
Financial Health criteria checks 6/6
AMG Packaging & Paper has a total shareholder equity of JMD1.3B and total debt of JMD72.5M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are JMD1.7B and JMD389.6M respectively. AMG Packaging & Paper's EBIT is JMD175.8M making its interest coverage ratio 25.2. It has cash and short-term investments of JMD252.1M.
Key information
5.6%
Debt to equity ratio
JA$72.50m
Debt
Interest coverage ratio | 25.2x |
Cash | JA$252.13m |
Equity | JA$1.29b |
Total liabilities | JA$389.59m |
Total assets | JA$1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AMG's short term assets (JMD650.6M) exceed its short term liabilities (JMD151.5M).
Long Term Liabilities: AMG's short term assets (JMD650.6M) exceed its long term liabilities (JMD238.1M).
Debt to Equity History and Analysis
Debt Level: AMG has more cash than its total debt.
Reducing Debt: AMG's debt to equity ratio has reduced from 9.4% to 5.6% over the past 5 years.
Debt Coverage: AMG's debt is well covered by operating cash flow (258.2%).
Interest Coverage: AMG's interest payments on its debt are well covered by EBIT (25.2x coverage).