Pulse Investments Balance Sheet Health
Financial Health criteria checks 4/6
Pulse Investments has a total shareholder equity of JMD10.1B and total debt of JMD772.4M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are JMD12.4B and JMD2.4B respectively. Pulse Investments's EBIT is JMD659.9M making its interest coverage ratio -21.2. It has cash and short-term investments of JMD82.0M.
Key information
7.7%
Debt to equity ratio
JA$772.43m
Debt
Interest coverage ratio | -21.2x |
Cash | JA$82.02m |
Equity | JA$10.06b |
Total liabilities | JA$2.37b |
Total assets | JA$12.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PULS's short term assets (JMD254.6M) exceed its short term liabilities (JMD126.7M).
Long Term Liabilities: PULS's short term assets (JMD254.6M) do not cover its long term liabilities (JMD2.2B).
Debt to Equity History and Analysis
Debt Level: PULS's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: PULS's debt to equity ratio has increased from 2.4% to 7.7% over the past 5 years.
Debt Coverage: PULS's debt is well covered by operating cash flow (39.2%).
Interest Coverage: PULS earns more interest than it pays, so coverage of interest payments is not a concern.