Jordan Insurance Balance Sheet Health
Financial Health criteria checks 4/6
Jordan Insurance has a total shareholder equity of JOD43.7M and total debt of JOD7.6M, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are JOD103.4M and JOD59.8M respectively.
Key information
17.5%
Debt to equity ratio
د.أ7.63m
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ28.56m |
| Equity | د.أ43.67m |
| Total liabilities | د.أ59.76m |
| Total assets | د.أ103.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOIN's short term assets (JOD54.1M) do not cover its short term liabilities (JOD59.8M).
Long Term Liabilities: JOIN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JOIN has more cash than its total debt.
Reducing Debt: JOIN's debt to equity ratio has reduced from 44.2% to 17.5% over the past 5 years.
Debt Coverage: JOIN's debt is well covered by operating cash flow (94.2%).
Interest Coverage: Insufficient data to determine if JOIN's interest payments on its debt are well covered by EBIT.