James Maritime Holdings Balance Sheet Health
Financial Health criteria checks 1/6
James Maritime Holdings has a total shareholder equity of $2.2M and total debt of $1.5M, which brings its debt-to-equity ratio to 70.8%. Its total assets and total liabilities are $5.8M and $3.6M respectively.
Key information
70.8%
Debt to equity ratio
US$1.54m
Debt
Interest coverage ratio | n/a |
Cash | US$455.45k |
Equity | US$2.18m |
Total liabilities | US$3.59m |
Total assets | US$5.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JMTM's short term assets ($1.2M) do not cover its short term liabilities ($2.9M).
Long Term Liabilities: JMTM's short term assets ($1.2M) exceed its long term liabilities ($669.3K).
Debt to Equity History and Analysis
Debt Level: JMTM's net debt to equity ratio (49.9%) is considered high.
Reducing Debt: Insufficient data to determine if JMTM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JMTM's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: Insufficient data to determine if JMTM's interest payments on its debt are well covered by EBIT.