Transjamaican Highway Balance Sheet Health
Financial Health criteria checks 1/6
Transjamaican Highway has a total shareholder equity of $49.0M and total debt of $227.2M, which brings its debt-to-equity ratio to 464.1%. Its total assets and total liabilities are $290.1M and $241.1M respectively. Transjamaican Highway's EBIT is $45.1M making its interest coverage ratio 3.4. It has cash and short-term investments of $7.2M.
Key information
464.1%
Debt to equity ratio
US$227.24m
Debt
Interest coverage ratio | 3.4x |
Cash | US$7.15m |
Equity | US$48.96m |
Total liabilities | US$241.14m |
Total assets | US$290.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TJH's short term assets ($8.5M) do not cover its short term liabilities ($16.1M).
Long Term Liabilities: TJH's short term assets ($8.5M) do not cover its long term liabilities ($225.0M).
Debt to Equity History and Analysis
Debt Level: TJH's net debt to equity ratio (449.5%) is considered high.
Reducing Debt: TJH's debt to equity ratio has increased from 299.1% to 464.1% over the past 5 years.
Debt Coverage: TJH's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: TJH's interest payments on its debt are well covered by EBIT (3.4x coverage).