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 JOD30.7M and total debt of JOD1.1M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are JOD33.4M and JOD2.8M respectively.
Key information
3.7%
Debt to equity ratio
د.أ1.13m
Debt
Interest coverage ratio | n/a |
Cash | د.أ2.81m |
Equity | د.أ30.65m |
Total liabilities | د.أ2.77m |
Total assets | د.أ33.43m |
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 (JOD1.6M).
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 2.2% to 3.7% over the past 5 years.
Debt Coverage: JOIT's debt is well covered by operating cash flow (42.7%).
Interest Coverage: Insufficient data to determine if JOIT's interest payments on its debt are well covered by EBIT.