Jordan Industrial Resources Balance Sheet Health
Financial Health criteria checks 2/6
Jordan Industrial Resources has a total shareholder equity of JOD2.9M and total debt of JOD1.1M, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are JOD5.2M and JOD2.3M respectively.
Key information
39.1%
Debt to equity ratio
د.أ1.13m
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ10.35k |
| Equity | د.أ2.89m |
| Total liabilities | د.أ2.33m |
| Total assets | د.أ5.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOIR's short term assets (JOD426.6K) exceed its short term liabilities (JOD413.7K).
Long Term Liabilities: JOIR's short term assets (JOD426.6K) do not cover its long term liabilities (JOD1.9M).
Debt to Equity History and Analysis
Debt Level: JOIR's net debt to equity ratio (38.8%) is considered satisfactory.
Reducing Debt: JOIR's debt to equity ratio has increased from 6.5% to 39.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: JOIR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: JOIR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.4% each year