Jordan Dairy Balance Sheet Health
Financial Health criteria checks 1/6
Jordan Dairy has a total shareholder equity of JOD12.1M and total debt of JOD16.2M, which brings its debt-to-equity ratio to 134.6%. Its total assets and total liabilities are JOD32.5M and JOD20.5M respectively. Jordan Dairy's EBIT is JOD695.0K making its interest coverage ratio 0.7. It has cash and short-term investments of JOD512.9K.
Key information
134.6%
Debt to equity ratio
د.أ16.24m
Debt
Interest coverage ratio | 0.7x |
Cash | د.أ512.88k |
Equity | د.أ12.07m |
Total liabilities | د.أ20.47m |
Total assets | د.أ32.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JODA's short term assets (JOD14.2M) do not cover its short term liabilities (JOD15.3M).
Long Term Liabilities: JODA's short term assets (JOD14.2M) exceed its long term liabilities (JOD5.2M).
Debt to Equity History and Analysis
Debt Level: JODA's net debt to equity ratio (130.3%) is considered high.
Reducing Debt: JODA's debt to equity ratio has increased from 29.4% to 134.6% over the past 5 years.
Debt Coverage: JODA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JODA's interest payments on its debt are not well covered by EBIT (0.7x coverage).