Salam International Transport and Trading Balance Sheet Health
Financial Health criteria checks 5/6
Salam International Transport and Trading has a total shareholder equity of JOD26.1M and total debt of JOD4.2M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are JOD34.7M and JOD8.6M respectively.
Key information
16.1%
Debt to equity ratio
د.أ4.21m
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ1.27m |
| Equity | د.أ26.08m |
| Total liabilities | د.أ8.62m |
| Total assets | د.أ34.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SITT's short term assets (JOD4.6M) exceed its short term liabilities (JOD4.4M).
Long Term Liabilities: SITT's short term assets (JOD4.6M) exceed its long term liabilities (JOD4.2M).
Debt to Equity History and Analysis
Debt Level: SITT's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: SITT's debt to equity ratio has reduced from 35.5% to 16.1% over the past 5 years.
Debt Coverage: SITT's debt is well covered by operating cash flow (20.6%).
Interest Coverage: Insufficient data to determine if SITT's interest payments on its debt are well covered by EBIT.