JX Luxventure Balance Sheet Health
Financial Health criteria checks 4/6
JX Luxventure has a total shareholder equity of $15.2M and total debt of $3.3M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are $21.9M and $6.8M respectively. JX Luxventure's EBIT is $3.4M making its interest coverage ratio 738.5. It has cash and short-term investments of $407.3K.
Key information
22.0%
Debt to equity ratio
US$3.33m
Debt
| Interest coverage ratio | 738.5x |
| Cash | US$407.31k |
| Equity | US$15.15m |
| Total liabilities | US$6.76m |
| Total assets | US$21.92m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: JXJT's short term assets ($19.5M) exceed its short term liabilities ($6.8M).
Long Term Liabilities: JXJT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JXJT's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: JXJT's debt to equity ratio has increased from 2.8% to 22% over the past 5 years.
Debt Coverage: JXJT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JXJT's interest payments on its debt are well covered by EBIT (738.5x coverage).