Arabian Steel Pipes Manufacturing Co.

ASE:ASPMM Stock Report

Market Cap: د.أ10.8m

Arabian Steel Pipes Manufacturing Balance Sheet Health

Financial Health criteria checks 5/6

Arabian Steel Pipes Manufacturing has a total shareholder equity of JOD14.7M and total debt of JOD3.4M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are JOD19.4M and JOD4.7M respectively. Arabian Steel Pipes Manufacturing's EBIT is JOD1.4M making its interest coverage ratio -153.7. It has cash and short-term investments of JOD3.3M.

Key information

23.1%

Debt to equity ratio

د.أ3.40m

Debt

Interest coverage ratio-153.7x
Cashد.أ3.28m
Equityد.أ14.72m
Total liabilitiesد.أ4.68m
Total assetsد.أ19.41m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ASPMM's short term assets (JOD15.3M) exceed its short term liabilities (JOD4.7M).

Long Term Liabilities: ASPMM has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: ASPMM's net debt to equity ratio (0.8%) is considered satisfactory.

Reducing Debt: ASPMM's debt to equity ratio has reduced from 30% to 23.1% over the past 5 years.

Debt Coverage: ASPMM's debt is not well covered by operating cash flow (17.8%).

Interest Coverage: ASPMM earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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