Zarka Educational & Investment Balance Sheet Health
Financial Health criteria checks 2/6
Zarka Educational & Investment has a total shareholder equity of JOD28.6M and total debt of JOD22.3M, which brings its debt-to-equity ratio to 77.8%. Its total assets and total liabilities are JOD74.9M and JOD46.3M respectively. Zarka Educational & Investment's EBIT is JOD1.2M making its interest coverage ratio -15.3. It has cash and short-term investments of JOD2.8M.
Key information
77.8%
Debt to equity ratio
د.أ22.25m
Debt
Interest coverage ratio | -15.3x |
Cash | د.أ2.80m |
Equity | د.أ28.61m |
Total liabilities | د.أ46.32m |
Total assets | د.أ74.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZEIC's short term assets (JOD10.9M) do not cover its short term liabilities (JOD13.7M).
Long Term Liabilities: ZEIC's short term assets (JOD10.9M) do not cover its long term liabilities (JOD32.6M).
Debt to Equity History and Analysis
Debt Level: ZEIC's net debt to equity ratio (68%) is considered high.
Reducing Debt: ZEIC's debt to equity ratio has increased from 28.8% to 77.8% over the past 5 years.
Debt Coverage: ZEIC's debt is well covered by operating cash flow (60.8%).
Interest Coverage: ZEIC earns more interest than it pays, so coverage of interest payments is not a concern.