Transjamaican Highway Balance Sheet Health
Financial Health criteria checks 1/6
Transjamaican Highway has a total shareholder equity of $55.9M and total debt of $220.9M, which brings its debt-to-equity ratio to 395.1%. Its total assets and total liabilities are $296.8M and $240.8M respectively. Transjamaican Highway's EBIT is $49.1M making its interest coverage ratio 3.9. It has cash and short-term investments of $14.7M.
Key information
395.1%
Debt to equity ratio
US$220.94m
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$14.67m |
| Equity | US$55.92m |
| Total liabilities | US$240.85m |
| Total assets | US$296.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TJH8.0's short term assets ($19.2M) do not cover its short term liabilities ($23.1M).
Long Term Liabilities: TJH8.0's short term assets ($19.2M) do not cover its long term liabilities ($217.7M).
Debt to Equity History and Analysis
Debt Level: TJH8.0's net debt to equity ratio (368.9%) is considered high.
Reducing Debt: TJH8.0's debt to equity ratio has increased from 264.2% to 395.1% over the past 5 years.
Debt Coverage: TJH8.0's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: TJH8.0's interest payments on its debt are well covered by EBIT (3.9x coverage).