Carreras Balance Sheet Health
Financial Health criteria checks 6/6
Carreras has a total shareholder equity of JMD2.5B and total debt of JMD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JMD5.5B and JMD3.1B respectively. Carreras's EBIT is JMD6.3B making its interest coverage ratio -78. It has cash and short-term investments of JMD2.1B.
Key information
0%
Debt to equity ratio
JA$0
Debt
| Interest coverage ratio | -78x |
| Cash | JA$2.14b |
| Equity | JA$2.46b |
| Total liabilities | JA$3.09b |
| Total assets | JA$5.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAR's short term assets (JMD4.7B) exceed its short term liabilities (JMD2.6B).
Long Term Liabilities: CAR's short term assets (JMD4.7B) exceed its long term liabilities (JMD511.1M).
Debt to Equity History and Analysis
Debt Level: CAR is debt free.
Reducing Debt: CAR has not had any debt for past 5 years.
Debt Coverage: CAR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CAR has no debt, therefore coverage of interest payments is not a concern.