Jordan Pipes Manufacturing Balance Sheet Health
Financial Health criteria checks 2/6
Jordan Pipes Manufacturing has a total shareholder equity of JOD940.5K and total debt of JOD2.9M, which brings its debt-to-equity ratio to 310.9%. Its total assets and total liabilities are JOD4.2M and JOD3.2M respectively. Jordan Pipes Manufacturing's EBIT is JOD104.3K making its interest coverage ratio 0.4. It has cash and short-term investments of JOD24.6K.
Key information
310.9%
Debt to equity ratio
د.أ2.92m
Debt
| Interest coverage ratio | 0.4x |
| Cash | د.أ24.61k |
| Equity | د.أ940.46k |
| Total liabilities | د.أ3.23m |
| Total assets | د.أ4.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOPI's short term assets (JOD1.5M) do not cover its short term liabilities (JOD3.2M).
Long Term Liabilities: JOPI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JOPI's net debt to equity ratio (308.3%) is considered high.
Reducing Debt: JOPI's debt to equity ratio has increased from 62.6% to 310.9% 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: JOPI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: JOPI has less than a year of cash runway if free cash flow continues to grow at historical rates of 11.6% each year.