United Cable Industries Balance Sheet Health
Financial Health criteria checks 5/6
United Cable Industries has a total shareholder equity of JOD36.6M and total debt of JOD6.1M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are JOD51.2M and JOD14.5M respectively. United Cable Industries's EBIT is JOD2.5M making its interest coverage ratio 6.1. It has cash and short-term investments of JOD1.5M.
Key information
16.5%
Debt to equity ratio
د.أ6.06m
Debt
| Interest coverage ratio | 6.1x |
| Cash | د.أ1.53m |
| Equity | د.أ36.65m |
| Total liabilities | د.أ14.52m |
| Total assets | د.أ51.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UCIC's short term assets (JOD37.2M) exceed its short term liabilities (JOD13.8M).
Long Term Liabilities: UCIC's short term assets (JOD37.2M) exceed its long term liabilities (JOD716.6K).
Debt to Equity History and Analysis
Debt Level: UCIC's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: UCIC's debt to equity ratio has increased from 16% to 16.5% over the past 5 years.
Debt Coverage: UCIC's debt is well covered by operating cash flow (96.3%).
Interest Coverage: UCIC's interest payments on its debt are well covered by EBIT (6.1x coverage).