Jordan Poultry Processing & Marketing Balance Sheet Health
Financial Health criteria checks 2/6
Jordan Poultry Processing & Marketing has a total shareholder equity of JOD19.0M and total debt of JOD42.4M, which brings its debt-to-equity ratio to 222.5%. Its total assets and total liabilities are JOD96.0M and JOD76.9M respectively. Jordan Poultry Processing & Marketing's EBIT is JOD867.4K making its interest coverage ratio 5. It has cash and short-term investments of JOD1.4M.
Key information
222.5%
Debt to equity ratio
د.أ42.37m
Debt
| Interest coverage ratio | 5x |
| Cash | د.أ1.40m |
| Equity | د.أ19.04m |
| Total liabilities | د.أ76.94m |
| Total assets | د.أ95.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JPPC's short term assets (JOD23.9M) exceed its short term liabilities (JOD22.2M).
Long Term Liabilities: JPPC's short term assets (JOD23.9M) do not cover its long term liabilities (JOD54.7M).
Debt to Equity History and Analysis
Debt Level: JPPC's net debt to equity ratio (215.2%) is considered high.
Reducing Debt: JPPC's debt to equity ratio has increased from 109.9% to 222.5% over the past 5 years.
Debt Coverage: JPPC's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: JPPC's interest payments on its debt are well covered by EBIT (5x coverage).