Comprehensive Multiple Transportations Balance Sheet Health
Financial Health criteria checks 6/6
Comprehensive Multiple Transportations has a total shareholder equity of JOD15.6M and total debt of JOD949.1K, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are JOD42.4M and JOD26.8M respectively. Comprehensive Multiple Transportations's EBIT is JOD949.9K making its interest coverage ratio 5.5. It has cash and short-term investments of JOD333.1K.
Key information
6.1%
Debt to equity ratio
د.أ949.10k
Debt
Interest coverage ratio | 5.5x |
Cash | د.أ333.09k |
Equity | د.أ15.64m |
Total liabilities | د.أ26.76m |
Total assets | د.أ42.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABUS's short term assets (JOD21.7M) exceed its short term liabilities (JOD15.7M).
Long Term Liabilities: ABUS's short term assets (JOD21.7M) exceed its long term liabilities (JOD11.0M).
Debt to Equity History and Analysis
Debt Level: ABUS's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: ABUS's debt to equity ratio has reduced from 131% to 6.1% 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 45.4% per year.