Real Estate Development Balance Sheet Health
Financial Health criteria checks 4/6
Real Estate Development has a total shareholder equity of JOD38.8M and total debt of JOD2.3M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are JOD47.9M and JOD9.1M respectively.
Key information
6.0%
Debt to equity ratio
د.أ2.31m
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ2.43m |
| Equity | د.أ38.83m |
| Total liabilities | د.أ9.06m |
| Total assets | د.أ47.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REDV's short term assets (JOD14.0M) exceed its short term liabilities (JOD2.3M).
Long Term Liabilities: REDV's short term assets (JOD14.0M) exceed its long term liabilities (JOD6.8M).
Debt to Equity History and Analysis
Debt Level: REDV has more cash than its total debt.
Reducing Debt: REDV's debt to equity ratio has reduced from 11.9% to 6% over the past 5 years.
Debt Coverage: REDV's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if REDV's interest payments on its debt are well covered by EBIT.