Jordan Investment Trust P.L.C

ASE:JOIT Stock Report

Market Cap: د.أ22.6m

Jordan Investment Trust P.L.C Balance Sheet Health

Financial Health criteria checks 4/6

Jordan Investment Trust P.L.C has a total shareholder equity of JOD30.6M and total debt of JOD1.2M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are JOD33.6M and JOD3.0M respectively.

Key information

4.1%

Debt to equity ratio

د.أ1.24m

Debt

Interest coverage ration/a
Cashد.أ2.82m
Equityد.أ30.64m
Total liabilitiesد.أ2.95m
Total assetsد.أ33.60m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: JOIT's short term assets (JOD3.4M) exceed its short term liabilities (JOD1.9M).

Long Term Liabilities: JOIT's short term assets (JOD3.4M) exceed its long term liabilities (JOD1.1M).


Debt to Equity History and Analysis

Debt Level: JOIT has more cash than its total debt.

Reducing Debt: JOIT's debt to equity ratio has increased from 1.7% to 4.1% over the past 5 years.

Debt Coverage: JOIT's debt is well covered by operating cash flow (20.9%).

Interest Coverage: Insufficient data to determine if JOIT's interest payments on its debt are well covered by EBIT.


Balance Sheet


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