Palestine Investment & Development Balance Sheet Health
Financial Health criteria checks 4/6
Palestine Investment & Development has a total shareholder equity of JOD3.4M and total debt of JOD39.6K, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are JOD3.7M and JOD234.9K respectively.
Key information
1.2%
Debt to equity ratio
د.أ39.61k
Debt
| Interest coverage ratio | n/a |
| Cash | د.أ1.15m |
| Equity | د.أ3.42m |
| Total liabilities | د.أ234.92k |
| Total assets | د.أ3.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PID's short term assets (JOD1.3M) exceed its short term liabilities (JOD174.0K).
Long Term Liabilities: PID's short term assets (JOD1.3M) exceed its long term liabilities (JOD61.0K).
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 43.4% to 1.2% over the past 5 years.
Debt Coverage: PID's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PID's interest payments on its debt are well covered by EBIT.