Al-Tajamouat For Catering And Housing Co Balance Sheet Health
Financial Health criteria checks 5/6
Al-Tajamouat For Catering And Housing Co has a total shareholder equity of JOD6.5M and total debt of JOD348.2K, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are JOD8.4M and JOD1.9M respectively. Al-Tajamouat For Catering And Housing Co's EBIT is JOD268.9K making its interest coverage ratio 6.3. It has cash and short-term investments of JOD104.9K.
Key information
5.4%
Debt to equity ratio
د.أ348.22k
Debt
Interest coverage ratio | 6.3x |
Cash | د.أ104.94k |
Equity | د.أ6.50m |
Total liabilities | د.أ1.85m |
Total assets | د.أ8.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JNTH's short term assets (JOD1.9M) exceed its short term liabilities (JOD1.9M).
Long Term Liabilities: JNTH has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JNTH's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: JNTH's debt to equity ratio has increased from 0% to 5.4% over the past 5 years.
Debt Coverage: JNTH's debt is well covered by operating cash flow (198%).
Interest Coverage: JNTH's interest payments on its debt are well covered by EBIT (6.3x coverage).