Jubilee Holdings Balance Sheet Health

Financial Health criteria checks 3/6

Jubilee Holdings has a total shareholder equity of KES48.0B and total debt of KES1.2B, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are KES170.5B and KES122.5B respectively. Jubilee Holdings's EBIT is KES2.3B making its interest coverage ratio 15.1. It has cash and short-term investments of KES17.0B.

Key information

2.6%

Debt to equity ratio

KSh1.23b

Debt

Interest coverage ratio	15.1x
Cash	KSh16.98b
Equity	KSh48.03b
Total liabilities	KSh122.49b
Total assets	KSh170.52b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: JHL's short term assets (KES29.2B) do not cover its short term liabilities (KES89.0B).

Long Term Liabilities: JHL's short term assets (KES29.2B) do not cover its long term liabilities (KES33.5B).

Debt to Equity History and Analysis

Debt Level: JHL has more cash than its total debt.

Reducing Debt: JHL's debt to equity ratio has increased from 0% to 2.6% over the past 5 years.

Debt Coverage: JHL's debt is well covered by operating cash flow (205.4%).

Interest Coverage: JHL's interest payments on its debt are well covered by EBIT (15.1x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/11/14 14:53
End of Day Share Price	2023/08/17 00:00
Earnings	2022/12/31
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

Jubilee Holdings Limited is covered by 4 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Victor Koech	AIB-AXYS Africa Limited
Muammar Ismaily	EFG-Hermes Research
Elizabeth Ndungu	NCBA Investment Bank Ltd.