Philadelphia Int'l Educational Investment Company (PLC) Balance Sheet Health
Financial Health criteria checks 5/6
Philadelphia Int'l Educational Investment Company (PLC) has a total shareholder equity of JOD23.8M and total debt of JOD1.6M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are JOD32.4M and JOD8.6M respectively. Philadelphia Int'l Educational Investment Company (PLC)'s EBIT is JOD3.9M making its interest coverage ratio 15.8. It has cash and short-term investments of JOD3.3M.
Key information
6.7%
Debt to equity ratio
د.أ1.61m
Debt
| Interest coverage ratio | 15.8x |
| Cash | د.أ3.29m |
| Equity | د.أ23.79m |
| Total liabilities | د.أ8.63m |
| Total assets | د.أ32.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PIEC's short term assets (JOD6.4M) do not cover its short term liabilities (JOD8.6M).
Long Term Liabilities: PIEC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PIEC has more cash than its total debt.
Reducing Debt: PIEC's debt to equity ratio has reduced from 28.2% to 6.7% over the past 5 years.
Debt Coverage: PIEC's debt is well covered by operating cash flow (238.6%).
Interest Coverage: PIEC's interest payments on its debt are well covered by EBIT (15.8x coverage).