Radio Jamaica Balance Sheet Health
Financial Health criteria checks 4/6
Radio Jamaica has a total shareholder equity of JMD4.5B and total debt of JMD503.6M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are JMD6.9B and JMD2.3B respectively.
Key information
11.1%
Debt to equity ratio
JA$503.61m
Debt
Interest coverage ratio | n/a |
Cash | JA$436.89m |
Equity | JA$4.53b |
Total liabilities | JA$2.33b |
Total assets | JA$6.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RJR's short term assets (JMD2.2B) exceed its short term liabilities (JMD1.5B).
Long Term Liabilities: RJR's short term assets (JMD2.2B) exceed its long term liabilities (JMD823.6M).
Debt to Equity History and Analysis
Debt Level: RJR's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: RJR's debt to equity ratio has reduced from 16.3% to 11.1% over the past 5 years.
Debt Coverage: RJR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RJR's interest payments on its debt are well covered by EBIT.