Jetcon Balance Sheet Health
Financial Health criteria checks 5/6
Jetcon has a total shareholder equity of JMD557.9M and total debt of JMD30.0M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are JMD621.8M and JMD63.9M respectively. Jetcon's EBIT is JMD542.1K making its interest coverage ratio 0.1. It has cash and short-term investments of JMD347.8K.
Key information
5.4%
Debt to equity ratio
JA$30.00m
Debt
| Interest coverage ratio | 0.06x |
| Cash | JA$347.78k |
| Equity | JA$557.94m |
| Total liabilities | JA$63.90m |
| Total assets | JA$621.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JETCON's short term assets (JMD450.4M) exceed its short term liabilities (JMD63.9M).
Long Term Liabilities: JETCON has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JETCON's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: JETCON's debt to equity ratio has reduced from 9.2% to 5.4% over the past 5 years.
Debt Coverage: JETCON's debt is well covered by operating cash flow (93.7%).
Interest Coverage: JETCON's interest payments on its debt are not well covered by EBIT (0.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 12:17 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Jetcon Corporation Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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