Jordan Electric Power Balance Sheet Health
Financial Health criteria checks 2/6
Jordan Electric Power has a total shareholder equity of JOD148.3M and total debt of JOD365.2M, which brings its debt-to-equity ratio to 246.2%. Its total assets and total liabilities are JOD1.0B and JOD869.3M respectively. Jordan Electric Power's EBIT is JOD42.0M making its interest coverage ratio 1.2. It has cash and short-term investments of JOD5.3M.
Key information
246.2%
Debt to equity ratio
د.أ365.16m
Debt
Interest coverage ratio | 1.2x |
Cash | د.أ5.29m |
Equity | د.أ148.34m |
Total liabilities | د.أ869.29m |
Total assets | د.أ1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JOEP's short term assets (JOD486.6M) do not cover its short term liabilities (JOD708.5M).
Long Term Liabilities: JOEP's short term assets (JOD486.6M) exceed its long term liabilities (JOD160.8M).
Debt to Equity History and Analysis
Debt Level: JOEP's net debt to equity ratio (242.6%) is considered high.
Reducing Debt: JOEP's debt to equity ratio has increased from 235.5% to 246.2% over the past 5 years.
Debt Coverage: JOEP's debt is well covered by operating cash flow (31.6%).
Interest Coverage: JOEP's interest payments on its debt are not well covered by EBIT (1.2x coverage).