Rum Group for Transportation & Tourism Investment P.S.C Balance Sheet Health
Financial Health criteria checks 0/6
Rum Group for Transportation & Tourism Investment P.S.C has a total shareholder equity of JOD725.7K and total debt of JOD5.6M, which brings its debt-to-equity ratio to 777.7%. Its total assets and total liabilities are JOD11.7M and JOD11.0M respectively.
Key information
777.7%
Debt to equity ratio
د.أ5.64m
Debt
Interest coverage ratio | n/a |
Cash | د.أ7.62k |
Equity | د.أ725.65k |
Total liabilities | د.أ10.96m |
Total assets | د.أ11.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RUMM's short term assets (JOD990.7K) do not cover its short term liabilities (JOD5.5M).
Long Term Liabilities: RUMM's short term assets (JOD990.7K) do not cover its long term liabilities (JOD5.4M).
Debt to Equity History and Analysis
Debt Level: RUMM's net debt to equity ratio (776.6%) is considered high.
Reducing Debt: RUMM's debt to equity ratio has increased from 10.5% to 777.7% 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: RUMM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RUMM has less than a year of cash runway if free cash flow continues to grow at historical rates of 14.6% each year.