Jordan French Insurance (P.L.C.) Balance Sheet Health
Financial Health criteria checks 6/6
Jordan French Insurance (P.L.C.) has a total shareholder equity of JOD12.0M and total debt of JOD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JOD25.6M and JOD13.6M respectively. Jordan French Insurance (P.L.C.)'s EBIT is JOD1.2M making its interest coverage ratio 2.9. It has cash and short-term investments of JOD13.1M.
Key information
0%
Debt to equity ratio
د.أ0
Debt
| Interest coverage ratio | 2.9x |
| Cash | د.أ13.12m |
| Equity | د.أ11.99m |
| Total liabilities | د.أ13.62m |
| Total assets | د.أ25.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOFR's short term assets (JOD16.8M) exceed its short term liabilities (JOD13.6M).
Long Term Liabilities: JOFR's short term assets (JOD16.8M) exceed its long term liabilities (JOD69.9K).
Debt to Equity History and Analysis
Debt Level: JOFR is debt free.
Reducing Debt: JOFR has no debt compared to 5 years ago when its debt to equity ratio was 20%.
Debt Coverage: JOFR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: JOFR has no debt, therefore coverage of interest payments is not a concern.