Salam International Transport and Trading Balance Sheet Health
Financial Health criteria checks 6/6
Salam International Transport and Trading has a total shareholder equity of JOD25.7M and total debt of JOD4.1M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are JOD33.9M and JOD8.2M respectively. Salam International Transport and Trading's EBIT is JOD587.4K making its interest coverage ratio 82.6. It has cash and short-term investments of JOD1.7M.
Key information
16.0%
Debt to equity ratio
د.أ4.12m
Debt
Interest coverage ratio | 82.6x |
Cash | د.أ1.66m |
Equity | د.أ25.73m |
Total liabilities | د.أ8.16m |
Total assets | د.أ33.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SITT's short term assets (JOD4.3M) exceed its short term liabilities (JOD3.9M).
Long Term Liabilities: SITT's short term assets (JOD4.3M) exceed its long term liabilities (JOD4.2M).
Debt to Equity History and Analysis
Debt Level: SITT's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: SITT's debt to equity ratio has reduced from 24.3% to 16% over the past 5 years.
Debt Coverage: SITT's debt is well covered by operating cash flow (26.9%).
Interest Coverage: SITT's interest payments on its debt are well covered by EBIT (82.6x coverage).