Jacktel Balance Sheet Health
Financial Health criteria checks 4/6
Jacktel has a total shareholder equity of $79.7M and total debt of $77.3M, which brings its debt-to-equity ratio to 97%. Its total assets and total liabilities are $164.6M and $84.9M respectively. Jacktel's EBIT is $8.6M making its interest coverage ratio 1.1. It has cash and short-term investments of $6.0M.
Key information
97.0%
Debt to equity ratio
US$77.28m
Debt
Interest coverage ratio | 1.1x |
Cash | US$6.04m |
Equity | US$79.67m |
Total liabilities | US$84.94m |
Total assets | US$164.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JACK's short term assets ($13.4M) exceed its short term liabilities ($7.7M).
Long Term Liabilities: JACK's short term assets ($13.4M) do not cover its long term liabilities ($77.3M).
Debt to Equity History and Analysis
Debt Level: JACK's net debt to equity ratio (89.4%) is considered high.
Reducing Debt: JACK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable JACK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: JACK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.4% per year.