Cargo Handlers Balance Sheet Health
Financial Health criteria checks 6/6
Cargo Handlers has a total shareholder equity of JMD1.0B and total debt of JMD103.0M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are JMD1.2B and JMD152.6M respectively. Cargo Handlers's EBIT is JMD173.2M making its interest coverage ratio -6.2. It has cash and short-term investments of JMD612.1M.
Key information
9.9%
Debt to equity ratio
JA$103.01m
Debt
| Interest coverage ratio | -6.2x |
| Cash | JA$612.05m |
| Equity | JA$1.04b |
| Total liabilities | JA$152.56m |
| Total assets | JA$1.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHL's short term assets (JMD710.9M) exceed its short term liabilities (JMD39.2M).
Long Term Liabilities: CHL's short term assets (JMD710.9M) exceed its long term liabilities (JMD113.4M).
Debt to Equity History and Analysis
Debt Level: CHL has more cash than its total debt.
Reducing Debt: CHL's debt to equity ratio has reduced from 14.8% to 9.9% over the past 5 years.
Debt Coverage: CHL's debt is well covered by operating cash flow (98.8%).
Interest Coverage: CHL earns more interest than it pays, so coverage of interest payments is not a concern.