Palestinian Company for Distribution & Logistics Services Balance Sheet Health
Financial Health criteria checks 6/6
Palestinian Company for Distribution & Logistics Services has a total shareholder equity of $9.1M and total debt of $58.2K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are $17.1M and $7.9M respectively. Palestinian Company for Distribution & Logistics Services's EBIT is $528.9K making its interest coverage ratio -0.8. It has cash and short-term investments of $4.5M.
Key information
0.6%
Debt to equity ratio
US$58.23k
Debt
| Interest coverage ratio | -0.8x |
| Cash | US$4.47m |
| Equity | US$9.12m |
| Total liabilities | US$7.93m |
| Total assets | US$17.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WASSEL's short term assets ($8.9M) exceed its short term liabilities ($4.4M).
Long Term Liabilities: WASSEL's short term assets ($8.9M) exceed its long term liabilities ($3.5M).
Debt to Equity History and Analysis
Debt Level: WASSEL has more cash than its total debt.
Reducing Debt: WASSEL's debt to equity ratio has reduced from 19.7% to 0.6% over the past 5 years.
Debt Coverage: WASSEL's debt is well covered by operating cash flow (3039.1%).
Interest Coverage: WASSEL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 19:01 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Palestinian Company for Distribution & Logistics Services LLC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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