Jetcon Balance Sheet Health
Financial Health criteria checks 4/6
Jetcon has a total shareholder equity of JMD567.2M and total debt of JMD56.2M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are JMD747.4M and JMD180.2M respectively.
Key information
9.9%
Debt to equity ratio
JA$56.17m
Debt
Interest coverage ratio | n/a |
Cash | JA$4.33m |
Equity | JA$567.18m |
Total liabilities | JA$180.21m |
Total assets | JA$747.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JETCON's short term assets (JMD536.6M) exceed its short term liabilities (JMD180.2M).
Long Term Liabilities: JETCON has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JETCON's net debt to equity ratio (9.1%) is considered satisfactory.
Reducing Debt: JETCON's debt to equity ratio has increased from 0.03% to 9.9% over the past 5 years.
Debt Coverage: JETCON's debt is well covered by operating cash flow (89.3%).
Interest Coverage: Insufficient data to determine if JETCON's interest payments on its debt are well covered by EBIT.