Comprehensive Leasing Balance Sheet Health
Financial Health criteria checks 3/6
Comprehensive Leasing has a total shareholder equity of JOD22.9M and total debt of JOD62.6M, which brings its debt-to-equity ratio to 273.5%. Its total assets and total liabilities are JOD91.1M and JOD68.2M respectively.
Key information
273.5%
Debt to equity ratio
د.أ62.59m
Debt
Interest coverage ratio | n/a |
Cash | د.أ1.16m |
Equity | د.أ22.89m |
Total liabilities | د.أ68.24m |
Total assets | د.أ91.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LEAS's short term assets (JOD54.1M) exceed its short term liabilities (JOD26.8M).
Long Term Liabilities: LEAS's short term assets (JOD54.1M) exceed its long term liabilities (JOD41.4M).
Debt to Equity History and Analysis
Debt Level: LEAS's net debt to equity ratio (268.4%) is considered high.
Reducing Debt: LEAS's debt to equity ratio has reduced from 420.3% to 273.5% over the past 5 years.
Debt Coverage: LEAS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LEAS's interest payments on its debt are well covered by EBIT.