Jordan Telecommunications Balance Sheet Health
Financial Health criteria checks 4/6
Jordan Telecommunications has a total shareholder equity of JOD294.5M and total debt of JOD136.9M, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are JOD806.5M and JOD511.9M respectively. Jordan Telecommunications's EBIT is JOD68.0M making its interest coverage ratio 5. It has cash and short-term investments of JOD52.2M.
Key information
46.5%
Debt to equity ratio
د.أ136.92m
Debt
| Interest coverage ratio | 5x |
| Cash | د.أ52.22m |
| Equity | د.أ294.55m |
| Total liabilities | د.أ511.94m |
| Total assets | د.أ806.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JTEL's short term assets (JOD221.2M) do not cover its short term liabilities (JOD314.5M).
Long Term Liabilities: JTEL's short term assets (JOD221.2M) exceed its long term liabilities (JOD197.4M).
Debt to Equity History and Analysis
Debt Level: JTEL's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: JTEL's debt to equity ratio has increased from 39.5% to 46.5% over the past 5 years.
Debt Coverage: JTEL's debt is well covered by operating cash flow (95.4%).
Interest Coverage: JTEL's interest payments on its debt are well covered by EBIT (5x coverage).