Palestine Investment & Development Balance Sheet Health
Financial Health criteria checks 5/6
Palestine Investment & Development has a total shareholder equity of JOD3.2M and total debt of JOD6.9K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are JOD3.4M and JOD196.9K respectively.
Key information
0.2%
Debt to equity ratio
د.أ6.94k
Debt
Interest coverage ratio | n/a |
Cash | د.أ864.46k |
Equity | د.أ3.17m |
Total liabilities | د.أ196.90k |
Total assets | د.أ3.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PID's short term assets (JOD1.1M) exceed its short term liabilities (JOD138.7K).
Long Term Liabilities: PID's short term assets (JOD1.1M) exceed its long term liabilities (JOD58.2K).
Debt to Equity History and Analysis
Debt Level: PID has more cash than its total debt.
Reducing Debt: PID's debt to equity ratio has reduced from 46.7% to 0.2% over the past 5 years.
Debt Coverage: PID's debt is well covered by operating cash flow (2572.1%).
Interest Coverage: Insufficient data to determine if PID's interest payments on its debt are well covered by EBIT.