Saudi Cable Balance Sheet Health
Financial Health criteria checks 2/6
Saudi Cable has a total shareholder equity of SAR-471.6M and total debt of SAR422.2M, which brings its debt-to-equity ratio to -89.5%. Its total assets and total liabilities are SAR675.7M and SAR1.1B respectively.
Key information
-89.5%
Debt to equity ratio
ر.س422.24m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س17.24m |
| Equity | -ر.س471.64m |
| Total liabilities | ر.س1.15b |
| Total assets | ر.س675.74m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2110 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 2110 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2110 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 2110's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2110 has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 2110 is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.