Injaz for Development and Projects Company P.L.C Balance Sheet Health
Financial Health criteria checks 2/6
Injaz for Development and Projects Company P.L.C has a total shareholder equity of JOD40.8M and total debt of JOD69.6M, which brings its debt-to-equity ratio to 170.4%. Its total assets and total liabilities are JOD145.0M and JOD104.2M respectively. Injaz for Development and Projects Company P.L.C's EBIT is JOD102.4K making its interest coverage ratio 0. It has cash and short-term investments of JOD495.9K.
Key information
170.4%
Debt to equity ratio
د.أ69.56m
Debt
| Interest coverage ratio | 0.03x |
| Cash | د.أ495.91k |
| Equity | د.أ40.82m |
| Total liabilities | د.أ104.21m |
| Total assets | د.أ145.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATCO's short term assets (JOD76.9M) exceed its short term liabilities (JOD55.8M).
Long Term Liabilities: ATCO's short term assets (JOD76.9M) exceed its long term liabilities (JOD48.4M).
Debt to Equity History and Analysis
Debt Level: ATCO's net debt to equity ratio (169.2%) is considered high.
Reducing Debt: ATCO's debt to equity ratio has increased from 127.6% to 170.4% over the past 5 years.
Debt Coverage: ATCO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ATCO's interest payments on its debt are not well covered by EBIT (0x coverage).