Jordanian Real Estate Company for Development Balance Sheet Health
Financial Health criteria checks 6/6
Jordanian Real Estate Company for Development has a total shareholder equity of JOD34.6M and total debt of JOD0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are JOD35.9M and JOD1.4M respectively.
Key information
0%
Debt to equity ratio
د.أ0
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ4.94m |
| Equity | د.أ34.56m |
| Total liabilities | د.أ1.37m |
| Total assets | د.أ35.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JRCD's short term assets (JOD22.3M) exceed its short term liabilities (JOD1.4M).
Long Term Liabilities: JRCD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: JRCD is debt free.
Reducing Debt: JRCD has no debt compared to 5 years ago when its debt to equity ratio was 0.05%.
Debt Coverage: JRCD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: JRCD has no debt, therefore coverage of interest payments is not a concern.