United Cable Industries Balance Sheet Health
Financial Health criteria checks 6/6
United Cable Industries has a total shareholder equity of JOD35.5M and total debt of JOD6.9M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are JOD48.9M and JOD13.3M respectively. United Cable Industries's EBIT is JOD2.1M making its interest coverage ratio 4.4. It has cash and short-term investments of JOD2.1M.
Key information
19.5%
Debt to equity ratio
د.أ6.93m
Debt
| Interest coverage ratio | 4.4x |
| Cash | د.أ2.06m |
| Equity | د.أ35.53m |
| Total liabilities | د.أ13.35m |
| Total assets | د.أ48.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UCIC's short term assets (JOD34.3M) exceed its short term liabilities (JOD12.4M).
Long Term Liabilities: UCIC's short term assets (JOD34.3M) exceed its long term liabilities (JOD961.2K).
Debt to Equity History and Analysis
Debt Level: UCIC's net debt to equity ratio (13.7%) is considered satisfactory.
Reducing Debt: UCIC's debt to equity ratio has reduced from 36.4% to 19.5% over the past 5 years.
Debt Coverage: UCIC's debt is well covered by operating cash flow (76.7%).
Interest Coverage: UCIC's interest payments on its debt are well covered by EBIT (4.4x coverage).