J.W. Mays Balance Sheet Health
Financial Health criteria checks 4/6
J.W. Mays has a total shareholder equity of $53.0M and total debt of $4.5M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are $90.6M and $37.6M respectively.
Key information
8.5%
Debt to equity ratio
US$4.52m
Debt
Interest coverage ratio | n/a |
Cash | US$691.52k |
Equity | US$53.01m |
Total liabilities | US$37.57m |
Total assets | US$90.58m |
Recent financial health updates
J.W. Mays (NASDAQ:MAYS) Seems To Use Debt Quite Sensibly
Jun 17J.W. Mays (NASDAQ:MAYS) Is Carrying A Fair Bit Of Debt
Dec 21Here's Why J.W. Mays (NASDAQ:MAYS) Can Afford Some Debt
Jul 30Health Check: How Prudently Does J.W. Mays (NASDAQ:MAYS) Use Debt?
Jan 04Recent updates
J.W. Mays (NASDAQ:MAYS) Seems To Use Debt Quite Sensibly
Jun 17Shareholders Will Probably Not Have Any Issues With J.W. Mays, Inc.'s (NASDAQ:MAYS) CEO Compensation
Nov 17J.W. Mays (NASDAQ:MAYS) Is Carrying A Fair Bit Of Debt
Dec 21Here's Why J.W. Mays (NASDAQ:MAYS) Can Afford Some Debt
Jul 30How Much Did J.W. Mays'(NASDAQ:MAYS) Shareholders Earn From Share Price Movements Over The Last Five Years?
Feb 23Health Check: How Prudently Does J.W. Mays (NASDAQ:MAYS) Use Debt?
Jan 04Financial Position Analysis
Short Term Liabilities: MAYS's short term assets ($7.4M) exceed its short term liabilities ($4.1M).
Long Term Liabilities: MAYS's short term assets ($7.4M) do not cover its long term liabilities ($33.5M).
Debt to Equity History and Analysis
Debt Level: MAYS's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: MAYS's debt to equity ratio has reduced from 10.1% to 8.5% over the past 5 years.
Debt Coverage: MAYS's debt is well covered by operating cash flow (29.6%).
Interest Coverage: Insufficient data to determine if MAYS's interest payments on its debt are well covered by EBIT.