Jordan Investment & Tourism Transport Balance Sheet Health
Financial Health criteria checks 0/6
Jordan Investment & Tourism Transport has a total shareholder equity of JOD2.4M and total debt of JOD10.2M, which brings its debt-to-equity ratio to 420.2%. Its total assets and total liabilities are JOD14.7M and JOD12.3M respectively. Jordan Investment & Tourism Transport's EBIT is JOD298.4K making its interest coverage ratio 0.5. It has cash and short-term investments of JOD16.9K.
Key information
420.2%
Debt to equity ratio
د.أ10.23m
Debt
| Interest coverage ratio | 0.5x |
| Cash | د.أ16.92k |
| Equity | د.أ2.43m |
| Total liabilities | د.أ12.31m |
| Total assets | د.أ14.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALFA's short term assets (JOD2.3M) do not cover its short term liabilities (JOD4.3M).
Long Term Liabilities: ALFA's short term assets (JOD2.3M) do not cover its long term liabilities (JOD8.0M).
Debt to Equity History and Analysis
Debt Level: ALFA's net debt to equity ratio (419.5%) is considered high.
Reducing Debt: ALFA's debt to equity ratio has increased from 123.4% to 420.2% 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: ALFA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ALFA has less than a year of cash runway if free cash flow continues to grow at historical rates of 42.4% each year.