Arabian Steel Pipes Manufacturing Balance Sheet Health
Financial Health criteria checks 5/6
Arabian Steel Pipes Manufacturing has a total shareholder equity of JOD14.3M and total debt of JOD2.6M, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are JOD17.9M and JOD3.6M respectively. Arabian Steel Pipes Manufacturing's EBIT is JOD1.4M making its interest coverage ratio 508.3. It has cash and short-term investments of JOD4.2M.
Key information
18.1%
Debt to equity ratio
د.أ2.58m
Debt
| Interest coverage ratio | 508.3x |
| Cash | د.أ4.22m |
| Equity | د.أ14.27m |
| Total liabilities | د.أ3.61m |
| Total assets | د.أ17.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASPMM's short term assets (JOD14.1M) exceed its short term liabilities (JOD3.6M).
Long Term Liabilities: ASPMM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ASPMM has more cash than its total debt.
Reducing Debt: ASPMM's debt to equity ratio has increased from 17.3% to 18.1% over the past 5 years.
Debt Coverage: ASPMM's debt is well covered by operating cash flow (93.6%).
Interest Coverage: ASPMM's interest payments on its debt are well covered by EBIT (508.3x coverage).