Arab Pesticides & Veterinary Drugs Mfg Balance Sheet Health
Financial Health criteria checks 5/6
Arab Pesticides & Veterinary Drugs Mfg has a total shareholder equity of JOD43.9M and total debt of JOD6.2M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are JOD55.0M and JOD11.1M respectively. Arab Pesticides & Veterinary Drugs Mfg's EBIT is JOD7.3M making its interest coverage ratio 22.7. It has cash and short-term investments of JOD6.8M.
Key information
14.2%
Debt to equity ratio
د.أ6.23m
Debt
| Interest coverage ratio | 22.7x |
| Cash | د.أ6.75m |
| Equity | د.أ43.89m |
| Total liabilities | د.أ11.09m |
| Total assets | د.أ54.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBED's short term assets (JOD42.0M) exceed its short term liabilities (JOD8.3M).
Long Term Liabilities: MBED's short term assets (JOD42.0M) exceed its long term liabilities (JOD2.8M).
Debt to Equity History and Analysis
Debt Level: MBED has more cash than its total debt.
Reducing Debt: MBED's debt to equity ratio has increased from 7% to 14.2% over the past 5 years.
Debt Coverage: MBED's debt is well covered by operating cash flow (75.2%).
Interest Coverage: MBED's interest payments on its debt are well covered by EBIT (22.7x coverage).