J-Long Group Balance Sheet Health
Financial Health criteria checks 3/6
J-Long Group has a total shareholder equity of $10.2M and total debt of $2.0M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are $16.9M and $6.7M respectively. J-Long Group's EBIT is $380.3K making its interest coverage ratio 2.6. It has cash and short-term investments of $4.2M.
Key information
20.0%
Debt to equity ratio
US$2.04m
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$4.21m |
| Equity | US$10.17m |
| Total liabilities | US$6.72m |
| Total assets | US$16.89m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: JL's short term assets ($14.3M) exceed its short term liabilities ($5.3M).
Long Term Liabilities: JL's short term assets ($14.3M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: JL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if JL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JL's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:12 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
J-Long Group Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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