Future Arab Investment Balance Sheet Health
Financial Health criteria checks 6/6
Future Arab Investment has a total shareholder equity of JOD19.5M and total debt of JOD5.7M, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are JOD25.5M and JOD6.0M respectively. Future Arab Investment's EBIT is JOD316.1K making its interest coverage ratio 0.6. It has cash and short-term investments of JOD189.8K.
Key information
29.1%
Debt to equity ratio
د.أ5.67m
Debt
Interest coverage ratio | 0.6x |
Cash | د.أ189.77k |
Equity | د.أ19.48m |
Total liabilities | د.أ5.98m |
Total assets | د.أ25.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FUTR's short term assets (JOD13.5M) exceed its short term liabilities (JOD5.7M).
Long Term Liabilities: FUTR's short term assets (JOD13.5M) exceed its long term liabilities (JOD305.6K).
Debt to Equity History and Analysis
Debt Level: FUTR's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: FUTR's debt to equity ratio has reduced from 32.9% to 29.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FUTR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FUTR has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 28.4% each year