Pan Jamaica Group Balance Sheet Health
Financial Health criteria checks 4/6
Pan Jamaica Group has a total shareholder equity of JMD103.0B and total debt of JMD25.3B, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are JMD141.4B and JMD38.5B respectively. Pan Jamaica Group's EBIT is JMD5.7B making its interest coverage ratio 4.1. It has cash and short-term investments of JMD7.3B.
Key information
24.6%
Debt to equity ratio
JA$25.30b
Debt
Interest coverage ratio | 4.1x |
Cash | JA$7.34b |
Equity | JA$103.00b |
Total liabilities | JA$38.45b |
Total assets | JA$141.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PJAM's short term assets (JMD19.9B) exceed its short term liabilities (JMD13.4B).
Long Term Liabilities: PJAM's short term assets (JMD19.9B) do not cover its long term liabilities (JMD25.1B).
Debt to Equity History and Analysis
Debt Level: PJAM's net debt to equity ratio (17.4%) is considered satisfactory.
Reducing Debt: PJAM's debt to equity ratio has reduced from 31.1% to 24.6% over the past 5 years.
Debt Coverage: PJAM's debt is not well covered by operating cash flow (16%).
Interest Coverage: PJAM's interest payments on its debt are well covered by EBIT (4.1x coverage).