Jordan Pipes Manufacturing Balance Sheet Health
Financial Health criteria checks 3/6
Jordan Pipes Manufacturing has a total shareholder equity of JOD1.2M and total debt of JOD2.8M, which brings its debt-to-equity ratio to 231.2%. Its total assets and total liabilities are JOD4.4M and JOD3.2M respectively.
Key information
231.2%
Debt to equity ratio
د.أ2.83m
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ37.71k |
| Equity | د.أ1.22m |
| Total liabilities | د.أ3.19m |
| Total assets | د.أ4.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOPI's short term assets (JOD1.7M) 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 (228.1%) is considered high.
Reducing Debt: JOPI's debt to equity ratio has increased from 70% to 231.2% 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: Whilst unprofitable JOPI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: JOPI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.8% per year.