ASSAS FOR CONCRETE PRODUCTS Balance Sheet Health
Financial Health criteria checks 5/6
ASSAS FOR CONCRETE PRODUCTS has a total shareholder equity of JOD7.7M and total debt of JOD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JOD10.5M and JOD2.8M respectively. ASSAS FOR CONCRETE PRODUCTS's EBIT is JOD235.5K making its interest coverage ratio 27.1. It has cash and short-term investments of JOD201.9K.
Key information
0%
Debt to equity ratio
د.أ0
Debt
| Interest coverage ratio | 27.1x |
| Cash | د.أ201.90k |
| Equity | د.أ7.68m |
| Total liabilities | د.أ2.77m |
| Total assets | د.أ10.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASAS's short term assets (JOD2.0M) do not cover its short term liabilities (JOD2.8M).
Long Term Liabilities: ASAS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ASAS is debt free.
Reducing Debt: ASAS has no debt compared to 5 years ago when its debt to equity ratio was 15.2%.
Debt Coverage: ASAS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ASAS has no debt, therefore coverage of interest payments is not a concern.