Al-Tajamouat For Catering And Housing Co Balance Sheet Health
Financial Health criteria checks 4/6
Al-Tajamouat For Catering And Housing Co has a total shareholder equity of JOD6.6M and total debt of JOD270.5K, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are JOD8.8M and JOD2.2M respectively. Al-Tajamouat For Catering And Housing Co's EBIT is JOD461.0K making its interest coverage ratio 8.4. It has cash and short-term investments of JOD117.2K.
Key information
4.1%
Debt to equity ratio
د.أ270.53k
Debt
| Interest coverage ratio | 8.4x |
| Cash | د.أ117.22k |
| Equity | د.أ6.64m |
| Total liabilities | د.أ2.15m |
| Total assets | د.أ8.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JNTH's short term assets (JOD2.0M) do not cover its short term liabilities (JOD2.2M).
Long Term Liabilities: JNTH has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JNTH's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: JNTH's debt to equity ratio has increased from 1.3% to 4.1% over the past 5 years.
Debt Coverage: JNTH's debt is well covered by operating cash flow (425.6%).
Interest Coverage: JNTH's interest payments on its debt are well covered by EBIT (8.4x coverage).