Deera Investment & Real Estate Development Balance Sheet Health
Financial Health criteria checks 5/6
Deera Investment & Real Estate Development has a total shareholder equity of JOD46.1M and total debt of JOD12.8M, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are JOD73.0M and JOD26.9M respectively. Deera Investment & Real Estate Development's EBIT is JOD766.8K making its interest coverage ratio 0.5. It has cash and short-term investments of JOD104.3K.
Key information
27.6%
Debt to equity ratio
د.أ12.75m
Debt
| Interest coverage ratio | 0.5x |
| Cash | د.أ104.29k |
| Equity | د.أ46.13m |
| Total liabilities | د.أ26.85m |
| Total assets | د.أ72.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DERA's short term assets (JOD12.4M) exceed its short term liabilities (JOD9.2M).
Long Term Liabilities: DERA's short term assets (JOD12.4M) do not cover its long term liabilities (JOD17.6M).
Debt to Equity History and Analysis
Debt Level: DERA's net debt to equity ratio (27.4%) is considered satisfactory.
Reducing Debt: DERA's debt to equity ratio has reduced from 30.6% to 27.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable DERA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DERA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.3% per year.