Palestine Poultry Company L.T.D Balance Sheet Health
Financial Health criteria checks 6/6
Palestine Poultry Company L.T.D has a total shareholder equity of JOD34.4M and total debt of JOD2.0M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are JOD45.5M and JOD11.1M respectively. Palestine Poultry Company L.T.D's EBIT is JOD4.6M making its interest coverage ratio 16. It has cash and short-term investments of JOD1.9M.
Key information
5.7%
Debt to equity ratio
د.أ1.97m
Debt
| Interest coverage ratio | 16x |
| Cash | د.أ1.92m |
| Equity | د.أ34.40m |
| Total liabilities | د.أ11.10m |
| Total assets | د.أ45.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AZIZA's short term assets (JOD19.0M) exceed its short term liabilities (JOD8.6M).
Long Term Liabilities: AZIZA's short term assets (JOD19.0M) exceed its long term liabilities (JOD2.5M).
Debt to Equity History and Analysis
Debt Level: AZIZA's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: AZIZA's debt to equity ratio has reduced from 15.3% to 5.7% over the past 5 years.
Debt Coverage: AZIZA's debt is well covered by operating cash flow (309.1%).
Interest Coverage: AZIZA's interest payments on its debt are well covered by EBIT (16x coverage).