Bindar Trading and Investment Balance Sheet Health
Financial Health criteria checks 1/6
Bindar Trading and Investment has a total shareholder equity of JOD47.1M and total debt of JOD76.0M, which brings its debt-to-equity ratio to 161.6%. Its total assets and total liabilities are JOD126.6M and JOD79.5M respectively.
Key information
161.6%
Debt to equity ratio
د.أ76.05m
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ410.29k |
| Equity | د.أ47.07m |
| Total liabilities | د.أ79.50m |
| Total assets | د.أ126.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIND's short term assets (JOD1.3M) do not cover its short term liabilities (JOD79.1M).
Long Term Liabilities: BIND's short term assets (JOD1.3M) exceed its long term liabilities (JOD359.7K).
Debt to Equity History and Analysis
Debt Level: BIND's net debt to equity ratio (160.7%) is considered high.
Reducing Debt: BIND's debt to equity ratio has increased from 43.1% to 161.6% 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.