Industrial Commercial & Agricultural Balance Sheet Health
Financial Health criteria checks 5/6
Industrial Commercial & Agricultural has a total shareholder equity of JOD20.1M and total debt of JOD8.9M, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are JOD33.5M and JOD13.4M respectively. Industrial Commercial & Agricultural's EBIT is JOD1.5M making its interest coverage ratio 4.3. It has cash and short-term investments of JOD8.8M.
Key information
44.2%
Debt to equity ratio
د.أ8.88m
Debt
| Interest coverage ratio | 4.3x |
| Cash | د.أ8.76m |
| Equity | د.أ20.08m |
| Total liabilities | د.أ13.42m |
| Total assets | د.أ33.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICAG's short term assets (JOD19.5M) exceed its short term liabilities (JOD13.2M).
Long Term Liabilities: ICAG's short term assets (JOD19.5M) exceed its long term liabilities (JOD231.1K).
Debt to Equity History and Analysis
Debt Level: ICAG's net debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: ICAG's debt to equity ratio has increased from 37.6% to 44.2% over the past 5 years.
Debt Coverage: ICAG's debt is well covered by operating cash flow (28.3%).
Interest Coverage: ICAG's interest payments on its debt are well covered by EBIT (4.3x coverage).