Mailpac Group Balance Sheet Health
Financial Health criteria checks 6/6
Mailpac Group has a total shareholder equity of JMD562.7M and total debt of JMD5.2M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are JMD674.9M and JMD112.2M respectively. Mailpac Group's EBIT is JMD319.2M making its interest coverage ratio 134.9. It has cash and short-term investments of JMD202.5M.
Key information
0.9%
Debt to equity ratio
JA$5.25m
Debt
Interest coverage ratio | 134.9x |
Cash | JA$202.52m |
Equity | JA$562.73m |
Total liabilities | JA$112.20m |
Total assets | JA$674.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAILPAC's short term assets (JMD252.6M) exceed its short term liabilities (JMD85.1M).
Long Term Liabilities: MAILPAC's short term assets (JMD252.6M) exceed its long term liabilities (JMD27.1M).
Debt to Equity History and Analysis
Debt Level: MAILPAC has more cash than its total debt.
Reducing Debt: MAILPAC's debt to equity ratio has reduced from 89.5% to 0.9% over the past 5 years.
Debt Coverage: MAILPAC's debt is well covered by operating cash flow (5545.1%).
Interest Coverage: MAILPAC's interest payments on its debt are well covered by EBIT (134.9x coverage).