Jardine Cycle & Carriage Balance Sheet Health
Financial Health criteria checks 6/6
Jardine Cycle & Carriage has a total shareholder equity of $17.1B and total debt of $7.4B, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are $31.8B and $14.6B respectively. Jardine Cycle & Carriage's EBIT is $2.7B making its interest coverage ratio 17. It has cash and short-term investments of $3.0B.
Key information
43.2%
Debt to equity ratio
US$7.40b
Debt
| Interest coverage ratio | 17x |
| Cash | US$3.05b |
| Equity | US$17.13b |
| Total liabilities | US$14.64b |
| Total assets | US$31.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JCYC.F's short term assets ($11.6B) exceed its short term liabilities ($8.9B).
Long Term Liabilities: JCYC.F's short term assets ($11.6B) exceed its long term liabilities ($5.8B).
Debt to Equity History and Analysis
Debt Level: JCYC.F's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: JCYC.F's debt to equity ratio has reduced from 57.8% to 43.2% over the past 5 years.
Debt Coverage: JCYC.F's debt is well covered by operating cash flow (37.7%).
Interest Coverage: JCYC.F's interest payments on its debt are well covered by EBIT (17x coverage).