JBDI Holdings Balance Sheet Health
Financial Health criteria checks 5/6
JBDI Holdings has a total shareholder equity of $1.9M and total debt of $875.0K, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are $6.1M and $4.2M respectively. JBDI Holdings's EBIT is $614.0K making its interest coverage ratio 14. It has cash and short-term investments of $421.0K.
Key information
45.1%
Debt to equity ratio
US$875.00k
Debt
| Interest coverage ratio | 14x |
| Cash | US$421.00k |
| Equity | US$1.94m |
| Total liabilities | US$4.18m |
| Total assets | US$6.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JBDI's short term assets ($3.1M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: JBDI's short term assets ($3.1M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: JBDI's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JBDI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JBDI's debt is well covered by operating cash flow (122.9%).
Interest Coverage: JBDI's interest payments on its debt are well covered by EBIT (14x coverage).