Jordan Hotels and Tourism Balance Sheet Health
Financial Health criteria checks 5/6
Jordan Hotels and Tourism has a total shareholder equity of JOD24.1M and total debt of JOD2.8M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are JOD33.6M and JOD9.5M respectively. Jordan Hotels and Tourism's EBIT is JOD563.9K making its interest coverage ratio 14.2. It has cash and short-term investments of JOD7.0M.
Key information
11.4%
Debt to equity ratio
د.أ2.75m
Debt
Interest coverage ratio | 14.2x |
Cash | د.أ7.01m |
Equity | د.أ24.09m |
Total liabilities | د.أ9.54m |
Total assets | د.أ33.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOHT's short term assets (JOD7.7M) exceed its short term liabilities (JOD4.2M).
Long Term Liabilities: JOHT's short term assets (JOD7.7M) exceed its long term liabilities (JOD5.3M).
Debt to Equity History and Analysis
Debt Level: JOHT has more cash than its total debt.
Reducing Debt: JOHT's debt to equity ratio has increased from 0% to 11.4% over the past 5 years.
Debt Coverage: JOHT's debt is well covered by operating cash flow (81.9%).
Interest Coverage: JOHT's interest payments on its debt are well covered by EBIT (14.2x coverage).