Carreras Balance Sheet Health
Financial Health criteria checks 6/6
Carreras has a total shareholder equity of JMD1.8B and total debt of JMD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JMD6.9B and JMD5.1B respectively. Carreras's EBIT is JMD5.8B making its interest coverage ratio -71.3. It has cash and short-term investments of JMD3.0B.
Key information
0%
Debt to equity ratio
JA$0
Debt
Interest coverage ratio | -71.3x |
Cash | JA$2.97b |
Equity | JA$1.82b |
Total liabilities | JA$5.06b |
Total assets | JA$6.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CAR's short term assets (JMD5.9B) exceed its short term liabilities (JMD4.6B).
Long Term Liabilities: CAR's short term assets (JMD5.9B) exceed its long term liabilities (JMD508.2M).
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.