Janel Balance Sheet Health
Financial Health criteria checks 2/6
Janel has a total shareholder equity of $20.2M and total debt of $32.6M, which brings its debt-to-equity ratio to 161.1%. Its total assets and total liabilities are $108.6M and $88.4M respectively. Janel's EBIT is $3.3M making its interest coverage ratio 1.5. It has cash and short-term investments of $3.1M.
Key information
161.1%
Debt to equity ratio
US$32.55m
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$3.05m |
| Equity | US$20.20m |
| Total liabilities | US$88.36m |
| Total assets | US$108.57m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JANL's short term assets ($44.7M) do not cover its short term liabilities ($69.4M).
Long Term Liabilities: JANL's short term assets ($44.7M) exceed its long term liabilities ($19.0M).
Debt to Equity History and Analysis
Debt Level: JANL's net debt to equity ratio (146%) is considered high.
Reducing Debt: JANL's debt to equity ratio has increased from 93.1% to 161.1% over the past 5 years.
Debt Coverage: JANL's debt is well covered by operating cash flow (20.5%).
Interest Coverage: JANL's interest payments on its debt are not well covered by EBIT (1.5x coverage).