National Cable And Wire Manufacturing Balance Sheet Health
Financial Health criteria checks 2/6
National Cable And Wire Manufacturing has a total shareholder equity of JOD6.7M and total debt of JOD11.1M, which brings its debt-to-equity ratio to 164.9%. Its total assets and total liabilities are JOD18.7M and JOD12.0M respectively.
Key information
164.9%
Debt to equity ratio
د.أ11.06m
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ458.54k |
| Equity | د.أ6.71m |
| Total liabilities | د.أ12.00m |
| Total assets | د.أ18.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WIRE's short term assets (JOD11.2M) exceed its short term liabilities (JOD8.7M).
Long Term Liabilities: WIRE's short term assets (JOD11.2M) exceed its long term liabilities (JOD3.3M).
Debt to Equity History and Analysis
Debt Level: WIRE's net debt to equity ratio (158%) is considered high.
Reducing Debt: WIRE's debt to equity ratio has increased from 72.2% to 164.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WIRE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WIRE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.3% each year