National Aluminium Industrial Balance Sheet Health
Financial Health criteria checks 4/6
National Aluminium Industrial has a total shareholder equity of JOD10.0M and total debt of JOD2.4M, which brings its debt-to-equity ratio to 24.2%. Its total assets and total liabilities are JOD14.0M and JOD4.0M respectively.
Key information
24.2%
Debt to equity ratio
د.أ2.41m
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ1.61m |
| Equity | د.أ9.98m |
| Total liabilities | د.أ3.99m |
| Total assets | د.أ13.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NATA's short term assets (JOD9.1M) exceed its short term liabilities (JOD2.7M).
Long Term Liabilities: NATA's short term assets (JOD9.1M) exceed its long term liabilities (JOD1.3M).
Debt to Equity History and Analysis
Debt Level: NATA's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: NATA's debt to equity ratio has increased from 17.3% to 24.2% over the past 5 years.
Debt Coverage: NATA's debt is well covered by operating cash flow (79.4%).
Interest Coverage: Insufficient data to determine if NATA's interest payments on its debt are well covered by EBIT.