Jordan Electric Power Balance Sheet Health
Financial Health criteria checks 1/6
Jordan Electric Power has a total shareholder equity of JOD145.9M and total debt of JOD425.2M, which brings its debt-to-equity ratio to 291.4%. Its total assets and total liabilities are JOD1.1B and JOD990.0M respectively. Jordan Electric Power's EBIT is JOD41.1M making its interest coverage ratio 1.1. It has cash and short-term investments of JOD11.3M.
Key information
291.4%
Debt to equity ratio
د.أ425.23m
Debt
| Interest coverage ratio | 1.1x |
| Cash | د.أ11.25m |
| Equity | د.أ145.91m |
| Total liabilities | د.أ990.01m |
| Total assets | د.أ1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOEP's short term assets (JOD579.2M) do not cover its short term liabilities (JOD857.9M).
Long Term Liabilities: JOEP's short term assets (JOD579.2M) exceed its long term liabilities (JOD132.1M).
Debt to Equity History and Analysis
Debt Level: JOEP's net debt to equity ratio (283.7%) is considered high.
Reducing Debt: JOEP's debt to equity ratio has increased from 278.3% to 291.4% over the past 5 years.
Debt Coverage: JOEP's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: JOEP's interest payments on its debt are not well covered by EBIT (1.1x coverage).