Jardine Cycle & Carriage Balance Sheet Health
Financial Health criteria checks 6/6
Jardine Cycle & Carriage has a total shareholder equity of $17.8B and total debt of $7.3B, which brings its debt-to-equity ratio to 41%. Its total assets and total liabilities are $32.4B and $14.6B respectively. Jardine Cycle & Carriage's EBIT is $3.1B making its interest coverage ratio 28.9. It has cash and short-term investments of $2.5B.
Key information
41.0%
Debt to equity ratio
US$7.31b
Debt
Interest coverage ratio | 28.9x |
Cash | US$2.48b |
Equity | US$17.82b |
Total liabilities | US$14.58b |
Total assets | US$32.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JCYG.Y's short term assets ($11.6B) exceed its short term liabilities ($9.2B).
Long Term Liabilities: JCYG.Y's short term assets ($11.6B) exceed its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: JCYG.Y's net debt to equity ratio (27.1%) is considered satisfactory.
Reducing Debt: JCYG.Y's debt to equity ratio has reduced from 54.4% to 41% over the past 5 years.
Debt Coverage: JCYG.Y's debt is well covered by operating cash flow (33.8%).
Interest Coverage: JCYG.Y's interest payments on its debt are well covered by EBIT (28.9x coverage).