Transjamaican Highway Balance Sheet Health
Financial Health criteria checks 1/6
Transjamaican Highway has a total shareholder equity of $48.4M and total debt of $224.9M, which brings its debt-to-equity ratio to 464.9%. Its total assets and total liabilities are $292.3M and $244.0M respectively. Transjamaican Highway's EBIT is $46.1M making its interest coverage ratio 3.6. It has cash and short-term investments of $13.3M.
Key information
464.9%
Debt to equity ratio
US$224.95m
Debt
Interest coverage ratio | 3.6x |
Cash | US$13.29m |
Equity | US$48.38m |
Total liabilities | US$243.96m |
Total assets | US$292.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TJH8.0's short term assets ($15.1M) do not cover its short term liabilities ($21.7M).
Long Term Liabilities: TJH8.0's short term assets ($15.1M) do not cover its long term liabilities ($222.3M).
Debt to Equity History and Analysis
Debt Level: TJH8.0's net debt to equity ratio (437.4%) is considered high.
Reducing Debt: TJH8.0's debt to equity ratio has increased from 287.4% to 464.9% over the past 5 years.
Debt Coverage: TJH8.0's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: TJH8.0's interest payments on its debt are well covered by EBIT (3.6x coverage).