Union Land Development Balance Sheet Health
Financial Health criteria checks 3/6
Union Land Development has a total shareholder equity of JOD47.3M and total debt of JOD12.5M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are JOD64.0M and JOD16.7M respectively. Union Land Development's EBIT is JOD2.3M making its interest coverage ratio 1.9. It has cash and short-term investments of JOD750.3K.
Key information
26.5%
Debt to equity ratio
د.أ12.51m
Debt
| Interest coverage ratio | 1.9x |
| Cash | د.أ750.31k |
| Equity | د.أ47.29m |
| Total liabilities | د.أ16.71m |
| Total assets | د.أ64.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ULDC's short term assets (JOD18.0M) exceed its short term liabilities (JOD6.0M).
Long Term Liabilities: ULDC's short term assets (JOD18.0M) exceed its long term liabilities (JOD10.7M).
Debt to Equity History and Analysis
Debt Level: ULDC's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: ULDC's debt to equity ratio has increased from 7.3% to 26.5% over the past 5 years.
Debt Coverage: ULDC's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: ULDC's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/08/19 17:08 |
| End of Day Share Price | 2023/07/31 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Union Land Development Company PLC is covered by 0 analysts. 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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