Comprehensive Multiple Transportations Balance Sheet Health
Financial Health criteria checks 6/6
Comprehensive Multiple Transportations has a total shareholder equity of JOD14.7M and total debt of JOD1.3M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are JOD43.0M and JOD28.3M respectively. Comprehensive Multiple Transportations's EBIT is JOD1.5M making its interest coverage ratio 8.2. It has cash and short-term investments of JOD814.8K.
Key information
8.5%
Debt to equity ratio
د.أ1.25m
Debt
| Interest coverage ratio | 8.2x |
| Cash | د.أ814.75k |
| Equity | د.أ14.70m |
| Total liabilities | د.أ28.26m |
| Total assets | د.أ42.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABUS's short term assets (JOD23.0M) exceed its short term liabilities (JOD17.3M).
Long Term Liabilities: ABUS's short term assets (JOD23.0M) exceed its long term liabilities (JOD11.0M).
Debt to Equity History and Analysis
Debt Level: ABUS's net debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: ABUS's debt to equity ratio has reduced from 156.8% to 8.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ABUS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ABUS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.4% per year.