Jordan Phosphate Mines Balance Sheet Health
Financial Health criteria checks 6/6
Jordan Phosphate Mines has a total shareholder equity of JOD1.7B and total debt of JOD36.2M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are JOD2.1B and JOD461.2M respectively. Jordan Phosphate Mines's EBIT is JOD547.3M making its interest coverage ratio -16.6. It has cash and short-term investments of JOD978.7M.
Key information
2.1%
Debt to equity ratio
د.أ36.18m
Debt
Interest coverage ratio | -16.6x |
Cash | د.أ978.73m |
Equity | د.أ1.68b |
Total liabilities | د.أ461.20m |
Total assets | د.أ2.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOPH's short term assets (JOD1.3B) exceed its short term liabilities (JOD295.1M).
Long Term Liabilities: JOPH's short term assets (JOD1.3B) exceed its long term liabilities (JOD166.1M).
Debt to Equity History and Analysis
Debt Level: JOPH has more cash than its total debt.
Reducing Debt: JOPH's debt to equity ratio has reduced from 29.7% to 2.1% over the past 5 years.
Debt Coverage: JOPH's debt is well covered by operating cash flow (1037%).
Interest Coverage: JOPH earns more interest than it pays, so coverage of interest payments is not a concern.