Zarka Educational & Investment Balance Sheet Health
Financial Health criteria checks 2/6
Zarka Educational & Investment has a total shareholder equity of JOD27.6M and total debt of JOD21.1M, which brings its debt-to-equity ratio to 76.3%. Its total assets and total liabilities are JOD72.5M and JOD44.9M respectively. Zarka Educational & Investment's EBIT is JOD682.8K making its interest coverage ratio -9.1. It has cash and short-term investments of JOD7.9M.
Key information
76.3%
Debt to equity ratio
د.أ21.07m
Debt
| Interest coverage ratio | -9.1x |
| Cash | د.أ7.94m |
| Equity | د.أ27.63m |
| Total liabilities | د.أ44.88m |
| Total assets | د.أ72.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZEIC's short term assets (JOD9.1M) do not cover its short term liabilities (JOD29.0M).
Long Term Liabilities: ZEIC's short term assets (JOD9.1M) do not cover its long term liabilities (JOD15.9M).
Debt to Equity History and Analysis
Debt Level: ZEIC's net debt to equity ratio (47.5%) is considered high.
Reducing Debt: ZEIC's debt to equity ratio has increased from 30.2% to 76.3% over the past 5 years.
Debt Coverage: ZEIC's debt is well covered by operating cash flow (65.4%).
Interest Coverage: ZEIC earns more interest than it pays, so coverage of interest payments is not a concern.