JB Hi-Fi Balance Sheet Health
Financial Health criteria checks 6/6
JB Hi-Fi has a total shareholder equity of A$1.5B and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.7B and A$2.2B respectively. JB Hi-Fi's EBIT is A$676.6M making its interest coverage ratio 22. It has cash and short-term investments of A$488.0M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 22x |
| Cash | AU$488.00m |
| Equity | AU$1.55b |
| Total liabilities | AU$2.19b |
| Total assets | AU$3.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JBHH.Y's short term assets (A$1.9B) exceed its short term liabilities (A$1.6B).
Long Term Liabilities: JBHH.Y's short term assets (A$1.9B) exceed its long term liabilities (A$595.2M).
Debt to Equity History and Analysis
Debt Level: JBHH.Y is debt free.
Reducing Debt: JBHH.Y has no debt compared to 5 years ago when its debt to equity ratio was 31.3%.
Debt Coverage: JBHH.Y has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: JBHH.Y has no debt, therefore coverage of interest payments is not a concern.