Jordan Steel Balance Sheet Health
Financial Health criteria checks 1/6
Jordan Steel has a total shareholder equity of JOD15.3M and total debt of JOD26.3M, which brings its debt-to-equity ratio to 171%. Its total assets and total liabilities are JOD58.4M and JOD43.0M respectively.
Key information
171.0%
Debt to equity ratio
د.أ26.25m
Debt
Interest coverage ratio | n/a |
Cash | د.أ16.69k |
Equity | د.أ15.35m |
Total liabilities | د.أ43.00m |
Total assets | د.أ58.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOST's short term assets (JOD15.2M) do not cover its short term liabilities (JOD28.5M).
Long Term Liabilities: JOST's short term assets (JOD15.2M) exceed its long term liabilities (JOD14.5M).
Debt to Equity History and Analysis
Debt Level: JOST's net debt to equity ratio (170.9%) is considered high.
Reducing Debt: JOST's debt to equity ratio has increased from 58% to 171% 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: JOST has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: JOST has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.8% each year