Arab Aluminium Industry Balance Sheet Health
Financial Health criteria checks 5/6
Arab Aluminium Industry has a total shareholder equity of JOD11.5M and total debt of JOD1.7M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are JOD15.6M and JOD4.1M respectively.
Key information
14.5%
Debt to equity ratio
د.أ1.66m
Debt
Interest coverage ratio | n/a |
Cash | د.أ1.61m |
Equity | د.أ11.47m |
Total liabilities | د.أ4.10m |
Total assets | د.أ15.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AALU's short term assets (JOD10.2M) exceed its short term liabilities (JOD4.1M).
Long Term Liabilities: AALU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AALU's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: AALU's debt to equity ratio has reduced from 15.3% to 14.5% over the past 5 years.
Debt Coverage: AALU's debt is well covered by operating cash flow (29.4%).
Interest Coverage: Insufficient data to determine if AALU's interest payments on its debt are well covered by EBIT.