Gulf Insurance Group - Jordan Balance Sheet Health
Financial Health criteria checks 5/6
Gulf Insurance Group - Jordan has a total shareholder equity of JOD51.5M and total debt of JOD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JOD130.3M and JOD78.8M respectively. Gulf Insurance Group - Jordan's EBIT is JOD9.9M making its interest coverage ratio 629.2. It has cash and short-term investments of JOD12.1M.
Key information
0%
Debt to equity ratio
د.أ0
Debt
| Interest coverage ratio | 629.2x |
| Cash | د.أ12.10m |
| Equity | د.أ51.48m |
| Total liabilities | د.أ78.84m |
| Total assets | د.أ130.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GIGJ's short term assets (JOD20.8M) exceed its short term liabilities (JOD3.2M).
Long Term Liabilities: GIGJ's short term assets (JOD20.8M) do not cover its long term liabilities (JOD75.6M).
Debt to Equity History and Analysis
Debt Level: GIGJ is debt free.
Reducing Debt: GIGJ has no debt compared to 5 years ago when its debt to equity ratio was 32.8%.
Debt Coverage: GIGJ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GIGJ has no debt, therefore coverage of interest payments is not a concern.