Bindar Trading and Investment Balance Sheet Health
Financial Health criteria checks 2/6
Bindar Trading and Investment has a total shareholder equity of JOD48.9M and total debt of JOD78.8M, which brings its debt-to-equity ratio to 161%. Its total assets and total liabilities are JOD130.4M and JOD81.5M respectively.
Key information
161.0%
Debt to equity ratio
د.أ78.76m
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ424.55k |
| Equity | د.أ48.93m |
| Total liabilities | د.أ81.45m |
| Total assets | د.أ130.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIND's short term assets (JOD123.8M) exceed its short term liabilities (JOD81.5M).
Long Term Liabilities: BIND has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BIND's net debt to equity ratio (160.1%) is considered high.
Reducing Debt: BIND's debt to equity ratio has increased from 41.4% to 161% over the past 5 years.
Debt Coverage: BIND's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BIND's interest payments on its debt are well covered by EBIT.