Is JTC financially healthy?
Not really
JTC carries heavy debt: it would take 5.5 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA5.5 years
Cash vs. debt£65M vs. £323M
Current ratio1.4×Short-term assets for each £1 of bills due within a year
Interest coverage0.7×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about JTC
Data as of Aug 19, 2026.