Afaq Holding for Investment & Real Estate Development P.L.C Balance Sheet Health
Financial Health criteria checks 1/6
Afaq Holding for Investment & Real Estate Development P.L.C has a total shareholder equity of JOD34.1M and total debt of JOD31.9M, which brings its debt-to-equity ratio to 93.5%. Its total assets and total liabilities are JOD126.3M and JOD92.2M respectively.
Key information
93.5%
Debt to equity ratio
د.أ31.92m
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ188.06k |
| Equity | د.أ34.13m |
| Total liabilities | د.أ92.16m |
| Total assets | د.أ126.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MANR's short term assets (JOD54.7M) do not cover its short term liabilities (JOD69.5M).
Long Term Liabilities: MANR's short term assets (JOD54.7M) exceed its long term liabilities (JOD22.6M).
Debt to Equity History and Analysis
Debt Level: MANR's net debt to equity ratio (93%) is considered high.
Reducing Debt: MANR's debt to equity ratio has increased from 38.2% to 93.5% 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: MANR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MANR has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.8% each year.