Jordan Telecommunications Balance Sheet Health
Financial Health criteria checks 4/6
Jordan Telecommunications has a total shareholder equity of JOD304.8M and total debt of JOD73.1M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are JOD787.0M and JOD482.2M respectively. Jordan Telecommunications's EBIT is JOD63.5M making its interest coverage ratio 6.3. It has cash and short-term investments of JOD66.8M.
Key information
24.0%
Debt to equity ratio
د.أ73.10m
Debt
Interest coverage ratio | 6.3x |
Cash | د.أ66.79m |
Equity | د.أ304.76m |
Total liabilities | د.أ482.20m |
Total assets | د.أ786.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JTEL's short term assets (JOD204.3M) do not cover its short term liabilities (JOD357.8M).
Long Term Liabilities: JTEL's short term assets (JOD204.3M) exceed its long term liabilities (JOD124.4M).
Debt to Equity History and Analysis
Debt Level: JTEL's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: JTEL's debt to equity ratio has increased from 20.4% to 24% over the past 5 years.
Debt Coverage: JTEL's debt is well covered by operating cash flow (169.9%).
Interest Coverage: JTEL's interest payments on its debt are well covered by EBIT (6.3x coverage).