Al - Tajamouat for Touristic Projects Balance Sheet Health
Financial Health criteria checks 6/6
Al - Tajamouat for Touristic Projects has a total shareholder equity of JOD110.7M and total debt of JOD7.0M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are JOD125.0M and JOD14.2M respectively. Al - Tajamouat for Touristic Projects's EBIT is JOD3.1M making its interest coverage ratio 4.5. It has cash and short-term investments of JOD7.4M.
Key information
6.4%
Debt to equity ratio
د.أ7.03m
Debt
| Interest coverage ratio | 4.5x |
| Cash | د.أ7.35m |
| Equity | د.أ110.75m |
| Total liabilities | د.أ14.23m |
| Total assets | د.أ124.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAJM's short term assets (JOD14.5M) exceed its short term liabilities (JOD6.4M).
Long Term Liabilities: TAJM's short term assets (JOD14.5M) exceed its long term liabilities (JOD7.8M).
Debt to Equity History and Analysis
Debt Level: TAJM has more cash than its total debt.
Reducing Debt: TAJM's debt to equity ratio has reduced from 23.9% to 6.4% over the past 5 years.
Debt Coverage: TAJM's debt is well covered by operating cash flow (83.1%).
Interest Coverage: TAJM's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:41 |
| End of Day Share Price | 2024/12/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
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Industry and Sector Metrics
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Analyst Sources
Al - Tajamouat for Touristic Projects, plc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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