Sanad Construction Resources Balance Sheet Health
Financial Health criteria checks 5/6
Sanad Construction Resources has a total shareholder equity of $51.4M and total debt of $10.8M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are $76.2M and $24.8M respectively.
Key information
21.1%
Debt to equity ratio
US$10.83m
Debt
Interest coverage ratio | n/a |
Cash | US$4.88m |
Equity | US$51.40m |
Total liabilities | US$24.77m |
Total assets | US$76.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SANAD's short term assets ($51.4M) exceed its short term liabilities ($22.4M).
Long Term Liabilities: SANAD's short term assets ($51.4M) exceed its long term liabilities ($2.4M).
Debt to Equity History and Analysis
Debt Level: SANAD's net debt to equity ratio (11.6%) is considered satisfactory.
Reducing Debt: SANAD's debt to equity ratio has reduced from 61.8% to 21.1% over the past 5 years.
Debt Coverage: SANAD's debt is well covered by operating cash flow (119.4%).
Interest Coverage: Insufficient data to determine if SANAD's interest payments on its debt are well covered by EBIT.