Dar Al Dawa Development and Investment Balance Sheet Health
Financial Health criteria checks 3/6
Dar Al Dawa Development and Investment has a total shareholder equity of JOD46.8M and total debt of JOD47.2M, which brings its debt-to-equity ratio to 100.8%. Its total assets and total liabilities are JOD113.2M and JOD66.4M respectively. Dar Al Dawa Development and Investment's EBIT is JOD7.1M making its interest coverage ratio 2.3. It has cash and short-term investments of JOD13.6M.
Key information
100.8%
Debt to equity ratio
د.أ47.16m
Debt
Interest coverage ratio | 2.3x |
Cash | د.أ13.55m |
Equity | د.أ46.79m |
Total liabilities | د.أ66.44m |
Total assets | د.أ113.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DADI's short term assets (JOD80.3M) exceed its short term liabilities (JOD65.7M).
Long Term Liabilities: DADI's short term assets (JOD80.3M) exceed its long term liabilities (JOD723.1K).
Debt to Equity History and Analysis
Debt Level: DADI's net debt to equity ratio (71.8%) is considered high.
Reducing Debt: DADI's debt to equity ratio has reduced from 149.4% to 100.8% over the past 5 years.
Debt Coverage: DADI's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: DADI's interest payments on its debt are not well covered by EBIT (2.3x coverage).