National Steel Industry Balance Sheet Health
Financial Health criteria checks 3/6
National Steel Industry has a total shareholder equity of JOD4.1M and total debt of JOD2.6M, which brings its debt-to-equity ratio to 64.3%. Its total assets and total liabilities are JOD7.5M and JOD3.4M respectively.
Key information
64.3%
Debt to equity ratio
د.أ2.64m
Debt
Interest coverage ratio | n/a |
Cash | د.أ20.44k |
Equity | د.أ4.11m |
Total liabilities | د.أ3.43m |
Total assets | د.أ7.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NAST's short term assets (JOD2.2M) do not cover its short term liabilities (JOD3.2M).
Long Term Liabilities: NAST's short term assets (JOD2.2M) exceed its long term liabilities (JOD202.7K).
Debt to Equity History and Analysis
Debt Level: NAST's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: NAST's debt to equity ratio has reduced from 72.2% to 64.3% over the past 5 years.
Debt Coverage: NAST's debt is well covered by operating cash flow (32.2%).
Interest Coverage: Insufficient data to determine if NAST's interest payments on its debt are well covered by EBIT.