Nutridar Balance Sheet Health
Financial Health criteria checks 5/6
Nutridar has a total shareholder equity of JOD7.1M and total debt of JOD3.0M, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are JOD12.9M and JOD5.8M respectively. Nutridar's EBIT is JOD764.2K making its interest coverage ratio 2.6. It has cash and short-term investments of JOD1.3M.
Key information
41.9%
Debt to equity ratio
د.أ2.99m
Debt
| Interest coverage ratio | 2.6x |
| Cash | د.أ1.30m |
| Equity | د.أ7.12m |
| Total liabilities | د.أ5.75m |
| Total assets | د.أ12.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NDAR's short term assets (JOD9.9M) exceed its short term liabilities (JOD5.8M).
Long Term Liabilities: NDAR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: NDAR's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: NDAR's debt to equity ratio has reduced from 72.5% to 41.9% over the past 5 years.
Debt Coverage: NDAR's debt is well covered by operating cash flow (41.2%).
Interest Coverage: NDAR's interest payments on its debt are not well covered by EBIT (2.6x coverage).