Phillips and Jordan, Inc. is a financially strong and stable company with the capacity to perform at the high levels of quality and reliability on which we have built our reputation. We have sufficient access to capital (we have carried over $150 million in A/R), a current ratio of 2.00, a debt-to-equity ratio of 0.5, and shareholder equity in excess of $110 million.
We have a strong bonding relationship with Liberty Mutual Insurance Company; our bonding capacity is in excess of $500 million aggregate (single job of $85 million). In addition, P&J enjoys a solid banking relationship with JPMorgan Chase, with a capital line for project financing of up to $100 million.