Al-Faris National Company for Investment & Export Balance Sheet Health
Financial Health criteria checks 4/6
Al-Faris National Company for Investment & Export has a total shareholder equity of JOD15.6M and total debt of JOD4.9M, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are JOD28.7M and JOD13.1M respectively. Al-Faris National Company for Investment & Export's EBIT is JOD632.2K making its interest coverage ratio 1.5. It has cash and short-term investments of JOD790.4K.
Key information
31.4%
Debt to equity ratio
د.أ4.90m
Debt
Interest coverage ratio | 1.5x |
Cash | د.أ790.37k |
Equity | د.أ15.62m |
Total liabilities | د.أ13.09m |
Total assets | د.أ28.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CEBC's short term assets (JOD10.9M) do not cover its short term liabilities (JOD11.3M).
Long Term Liabilities: CEBC's short term assets (JOD10.9M) exceed its long term liabilities (JOD1.8M).
Debt to Equity History and Analysis
Debt Level: CEBC's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: CEBC's debt to equity ratio has reduced from 50.2% to 31.4% over the past 5 years.
Debt Coverage: CEBC's debt is well covered by operating cash flow (36.3%).
Interest Coverage: CEBC's interest payments on its debt are not well covered by EBIT (1.5x coverage).