First Jordan Investment Balance Sheet Health
Financial Health criteria checks 5/6
First Jordan Investment has a total shareholder equity of JOD48.7M and total debt of JOD7.4M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are JOD57.8M and JOD9.1M respectively. First Jordan Investment's EBIT is JOD757.6K making its interest coverage ratio 0.9. It has cash and short-term investments of JOD2.6M.
Key information
15.2%
Debt to equity ratio
د.أ7.42m
Debt
Interest coverage ratio | 0.9x |
Cash | د.أ2.63m |
Equity | د.أ48.73m |
Total liabilities | د.أ9.06m |
Total assets | د.أ57.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FRST's short term assets (JOD12.5M) exceed its short term liabilities (JOD2.1M).
Long Term Liabilities: FRST's short term assets (JOD12.5M) exceed its long term liabilities (JOD7.0M).
Debt to Equity History and Analysis
Debt Level: FRST's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: FRST's debt to equity ratio has increased from 13% to 15.2% 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: FRST has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FRST has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 49.9% each year.