Ramallah Summer Resorts Balance Sheet Health
Financial Health criteria checks 6/6
Ramallah Summer Resorts has a total shareholder equity of JOD14.1M and total debt of JOD295.3K, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are JOD15.2M and JOD1.1M respectively. Ramallah Summer Resorts's EBIT is JOD388.5K making its interest coverage ratio 14.5. It has cash and short-term investments of JOD184.7K.
Key information
2.1%
Debt to equity ratio
د.أ295.27k
Debt
| Interest coverage ratio | 14.5x |
| Cash | د.أ184.65k |
| Equity | د.أ14.07m |
| Total liabilities | د.أ1.10m |
| Total assets | د.أ15.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RSR's short term assets (JOD1.5M) exceed its short term liabilities (JOD951.6K).
Long Term Liabilities: RSR's short term assets (JOD1.5M) exceed its long term liabilities (JOD151.7K).
Debt to Equity History and Analysis
Debt Level: RSR's net debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: RSR's debt to equity ratio has reduced from 4.4% to 2.1% over the past 5 years.
Debt Coverage: RSR's debt is well covered by operating cash flow (77%).
Interest Coverage: RSR's interest payments on its debt are well covered by EBIT (14.5x coverage).