Jordan International Trading CenterLtd Balance Sheet Health
Financial Health criteria checks 6/6
Jordan International Trading CenterLtd has a total shareholder equity of JOD5.5M and total debt of JOD916.5K, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are JOD10.0M and JOD4.5M respectively. Jordan International Trading CenterLtd's EBIT is JOD391.2K making its interest coverage ratio 12.4. It has cash and short-term investments of JOD115.1K.
Key information
16.6%
Debt to equity ratio
د.أ916.49k
Debt
| Interest coverage ratio | 12.4x |
| Cash | د.أ115.09k |
| Equity | د.أ5.52m |
| Total liabilities | د.أ4.47m |
| Total assets | د.أ10.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JITC's short term assets (JOD8.4M) exceed its short term liabilities (JOD4.5M).
Long Term Liabilities: JITC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JITC's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: JITC's debt to equity ratio has reduced from 28% to 16.6% over the past 5 years.
Debt Coverage: JITC's debt is well covered by operating cash flow (83.7%).
Interest Coverage: JITC's interest payments on its debt are well covered by EBIT (12.4x coverage).