Jordan Loan Guarantee Balance Sheet Health
Financial Health criteria checks 1/6
Jordan Loan Guarantee has a total shareholder equity of JOD43.9M and total debt of JOD569.3M, which brings its debt-to-equity ratio to 1297.1%. Its total assets and total liabilities are JOD758.0M and JOD714.1M respectively. Jordan Loan Guarantee's EBIT is JOD3.4M making its interest coverage ratio 2.6. It has cash and short-term investments of JOD17.1M.
Key information
1,297.1%
Debt to equity ratio
د.أ569.35m
Debt
| Interest coverage ratio | 2.6x |
| Cash | د.أ17.14m |
| Equity | د.أ43.89m |
| Total liabilities | د.أ714.07m |
| Total assets | د.أ757.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JLGC's short term assets (JOD20.3M) exceed its short term liabilities (JOD7.4M).
Long Term Liabilities: JLGC's short term assets (JOD20.3M) do not cover its long term liabilities (JOD706.7M).
Debt to Equity History and Analysis
Debt Level: JLGC's net debt to equity ratio (1258%) is considered high.
Reducing Debt: JLGC's debt to equity ratio has increased from 935.1% to 1297.1% over the past 5 years.
Debt Coverage: JLGC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JLGC's interest payments on its debt are not well covered by EBIT (2.6x coverage).