Siniora Food Industries Balance Sheet Health
Financial Health criteria checks 2/6
Siniora Food Industries has a total shareholder equity of JOD43.6M and total debt of JOD69.8M, which brings its debt-to-equity ratio to 160.3%. Its total assets and total liabilities are JOD154.3M and JOD110.7M respectively. Siniora Food Industries's EBIT is JOD11.1M making its interest coverage ratio 1.7. It has cash and short-term investments of JOD11.8M.
Key information
160.3%
Debt to equity ratio
د.أ69.85m
Debt
Interest coverage ratio | 1.7x |
Cash | د.أ11.81m |
Equity | د.أ43.58m |
Total liabilities | د.أ110.68m |
Total assets | د.أ154.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNRA's short term assets (JOD75.5M) exceed its short term liabilities (JOD41.4M).
Long Term Liabilities: SNRA's short term assets (JOD75.5M) exceed its long term liabilities (JOD69.3M).
Debt to Equity History and Analysis
Debt Level: SNRA's net debt to equity ratio (133.2%) is considered high.
Reducing Debt: SNRA's debt to equity ratio has increased from 53.2% to 160.3% over the past 5 years.
Debt Coverage: SNRA's debt is not well covered by operating cash flow (16.3%).
Interest Coverage: SNRA's interest payments on its debt are not well covered by EBIT (1.7x coverage).