Pan Jamaica Group Balance Sheet Health
Financial Health criteria checks 3/6
Pan Jamaica Group has a total shareholder equity of JMD106.1B and total debt of JMD24.9B, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are JMD143.9B and JMD37.9B respectively. Pan Jamaica Group's EBIT is JMD3.6B making its interest coverage ratio 2.8. It has cash and short-term investments of JMD8.0B.
Key information
23.5%
Debt to equity ratio
JA$24.89b
Debt
| Interest coverage ratio | 2.8x |
| Cash | JA$7.99b |
| Equity | JA$106.07b |
| Total liabilities | JA$37.86b |
| Total assets | JA$143.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PJAM's short term assets (JMD18.8B) exceed its short term liabilities (JMD96.4M).
Long Term Liabilities: PJAM's short term assets (JMD18.8B) do not cover its long term liabilities (JMD37.8B).
Debt to Equity History and Analysis
Debt Level: PJAM's net debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: PJAM's debt to equity ratio has increased from 23% to 23.5% over the past 5 years.
Debt Coverage: PJAM's debt is well covered by operating cash flow (24.4%).
Interest Coverage: PJAM's interest payments on its debt are not well covered by EBIT (2.8x coverage).