Nass Corporation BSC Balance Sheet Health
Financial Health criteria checks 3/6
Nass BSC has a total shareholder equity of BHD41.0M and total debt of BHD16.2M, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are BHD144.0M and BHD103.1M respectively. Nass BSC's EBIT is BHD2.9M making its interest coverage ratio 2.4. It has cash and short-term investments of BHD9.4M.
Key information
39.6%
Debt to equity ratio
ب.د16.20m
Debt
Interest coverage ratio | 2.4x |
Cash | ب.د9.39m |
Equity | ب.د40.96m |
Total liabilities | ب.د103.08m |
Total assets | ب.د144.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NASS's short term assets (BHD115.2M) exceed its short term liabilities (BHD90.0M).
Long Term Liabilities: NASS's short term assets (BHD115.2M) exceed its long term liabilities (BHD13.1M).
Debt to Equity History and Analysis
Debt Level: NASS's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: NASS's debt to equity ratio has increased from 35.1% to 39.6% over the past 5 years.
Debt Coverage: NASS's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: NASS's interest payments on its debt are not well covered by EBIT (2.4x coverage).