Nutridar Balance Sheet Health
Financial Health criteria checks 4/6
Nutridar has a total shareholder equity of JOD6.7M and total debt of JOD3.3M, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are JOD13.4M and JOD6.7M respectively. Nutridar's EBIT is JOD505.3K making its interest coverage ratio 1.9. It has cash and short-term investments of JOD798.5K.
Key information
48.4%
Debt to equity ratio
د.أ3.26m
Debt
| Interest coverage ratio | 1.9x |
| Cash | د.أ798.55k |
| Equity | د.أ6.72m |
| Total liabilities | د.أ6.66m |
| Total assets | د.أ13.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NDAR's short term assets (JOD10.2M) exceed its short term liabilities (JOD6.7M).
Long Term Liabilities: NDAR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NDAR's net debt to equity ratio (36.5%) is considered satisfactory.
Reducing Debt: NDAR's debt to equity ratio has reduced from 67.4% to 48.4% over the past 5 years.
Debt Coverage: NDAR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NDAR's interest payments on its debt are not well covered by EBIT (1.9x coverage).