JAT Holdings Balance Sheet Health
Financial Health criteria checks 5/6
JAT Holdings has a total shareholder equity of LKR9.1B and total debt of LKR2.7B, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are LKR14.4B and LKR5.3B respectively. JAT Holdings's EBIT is LKR1.3B making its interest coverage ratio 17.7. It has cash and short-term investments of LKR1.3B.
Key information
29.1%
Debt to equity ratio
LK₨2.65b
Debt
Interest coverage ratio | 17.7x |
Cash | LK₨1.28b |
Equity | LK₨9.12b |
Total liabilities | LK₨5.33b |
Total assets | LK₨14.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JAT.N0000's short term assets (LKR9.6B) exceed its short term liabilities (LKR5.1B).
Long Term Liabilities: JAT.N0000's short term assets (LKR9.6B) exceed its long term liabilities (LKR263.1M).
Debt to Equity History and Analysis
Debt Level: JAT.N0000's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: JAT.N0000's debt to equity ratio has reduced from 30.8% to 29.1% over the past 5 years.
Debt Coverage: JAT.N0000's debt is not well covered by operating cash flow (7.7%).
Interest Coverage: JAT.N0000's interest payments on its debt are well covered by EBIT (17.7x coverage).