Janel Balance Sheet Health
Financial Health criteria checks 1/6
Janel has a total shareholder equity of $20.2M and total debt of $28.6M, which brings its debt-to-equity ratio to 141.7%. Its total assets and total liabilities are $96.9M and $76.7M respectively. Janel's EBIT is $2.3M making its interest coverage ratio 1.1. It has cash and short-term investments of $1.8M.
Key information
141.7%
Debt to equity ratio
US$28.57m
Debt
Interest coverage ratio | 1.1x |
Cash | US$1.78m |
Equity | US$20.16m |
Total liabilities | US$76.75m |
Total assets | US$96.90m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JANL's short term assets ($38.4M) do not cover its short term liabilities ($58.5M).
Long Term Liabilities: JANL's short term assets ($38.4M) exceed its long term liabilities ($18.2M).
Debt to Equity History and Analysis
Debt Level: JANL's net debt to equity ratio (132.9%) is considered high.
Reducing Debt: JANL's debt to equity ratio has increased from 105.2% to 141.7% over the past 5 years.
Debt Coverage: JANL's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: JANL's interest payments on its debt are not well covered by EBIT (1.1x coverage).