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 JOD685.9K, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are JOD8.7M and JOD3.2M respectively. Jordan International Trading CenterLtd's EBIT is JOD343.7K making its interest coverage ratio 6.6. It has cash and short-term investments of JOD120.0K.
Key information
12.5%
Debt to equity ratio
د.أ685.94k
Debt
| Interest coverage ratio | 6.6x |
| Cash | د.أ119.97k |
| Equity | د.أ5.48m |
| Total liabilities | د.أ3.18m |
| Total assets | د.أ8.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JITC's short term assets (JOD7.5M) exceed its short term liabilities (JOD3.2M).
Long Term Liabilities: JITC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JITC's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: JITC's debt to equity ratio has reduced from 31.9% to 12.5% over the past 5 years.
Debt Coverage: JITC's debt is well covered by operating cash flow (61.9%).
Interest Coverage: JITC's interest payments on its debt are well covered by EBIT (6.6x coverage).