Palestine Real Estate Investment Balance Sheet Health
Financial Health criteria checks 3/6
Palestine Real Estate Investment has a total shareholder equity of JOD26.0M and total debt of JOD20.4M, which brings its debt-to-equity ratio to 78.7%. Its total assets and total liabilities are JOD65.8M and JOD39.9M respectively. Palestine Real Estate Investment's EBIT is JOD982.5K making its interest coverage ratio 0.8. It has cash and short-term investments of JOD1.3M.
Key information
78.7%
Debt to equity ratio
د.أ20.44m
Debt
| Interest coverage ratio | 0.8x |
| Cash | د.أ1.31m |
| Equity | د.أ25.97m |
| Total liabilities | د.أ39.87m |
| Total assets | د.أ65.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRICO's short term assets (JOD22.2M) do not cover its short term liabilities (JOD27.8M).
Long Term Liabilities: PRICO's short term assets (JOD22.2M) exceed its long term liabilities (JOD12.1M).
Debt to Equity History and Analysis
Debt Level: PRICO's net debt to equity ratio (73.7%) is considered high.
Reducing Debt: PRICO's debt to equity ratio has increased from 45.5% to 78.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PRICO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PRICO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.3% per year.