Electrical Industries Balance Sheet Health
Financial Health criteria checks 4/6
Electrical Industries has a total shareholder equity of SAR744.8M and total debt of SAR392.0M, which brings its debt-to-equity ratio to 52.6%. Its total assets and total liabilities are SAR1.9B and SAR1.2B respectively. Electrical Industries's EBIT is SAR267.5M making its interest coverage ratio 8.9. It has cash and short-term investments of SAR68.3M.
Key information
52.6%
Debt to equity ratio
ر.س392.01m
Debt
| Interest coverage ratio | 8.9x |
| Cash | ر.س68.31m |
| Equity | ر.س744.80m |
| Total liabilities | ر.س1.15b |
| Total assets | ر.س1.90b |
Recent financial health updates
No updates
Recent updates
With EPS Growth And More, Electrical Industries (TADAWUL:1303) Makes An Interesting Case
Apr 16
Electrical Industries Company's (TADAWUL:1303) Shares Climb 25% But Its Business Is Yet to Catch Up
Feb 22Investors Shouldn't Overlook Electrical Industries' (TADAWUL:1303) Impressive Returns On Capital
Feb 07Electrical Industries Company (TADAWUL:1303) Stock Catapults 28% Though Its Price And Business Still Lag The Market
Jan 08If EPS Growth Is Important To You, Electrical Industries (TADAWUL:1303) Presents An Opportunity
Dec 18The Trend Of High Returns At Electrical Industries (TADAWUL:1303) Has Us Very Interested
Sep 13Is Now The Time To Put Electrical Industries (TADAWUL:1303) On Your Watchlist?
Aug 15Returns On Capital Are A Standout For Electrical Industries (TADAWUL:1303)
Jun 07Electrical Industries (TADAWUL:1303) Is Looking To Continue Growing Its Returns On Capital
Dec 05Electrical Industries' (TADAWUL:1303) Returns Have Hit A Wall
Jul 01Electrical Industries' (TADAWUL:1303) Performance Is Even Better Than Its Earnings Suggest
May 16Electrical Industries (TADAWUL:1303) Is Finding It Tricky To Allocate Its Capital
Mar 22Did You Miss Electrical Industries' (TADAWUL:1303) 51% Share Price Gain?
Jan 12
Financial Position Analysis
Short Term Liabilities: 1303's short term assets (SAR1.6B) exceed its short term liabilities (SAR1.0B).
Long Term Liabilities: 1303's short term assets (SAR1.6B) exceed its long term liabilities (SAR125.1M).
Debt to Equity History and Analysis
Debt Level: 1303's net debt to equity ratio (43.5%) is considered high.
Reducing Debt: 1303's debt to equity ratio has increased from 37.1% to 52.6% over the past 5 years.
Debt Coverage: 1303's debt is well covered by operating cash flow (27.3%).
Interest Coverage: 1303's interest payments on its debt are well covered by EBIT (8.9x coverage).