Saudi Arabian Amiantit Balance Sheet Health
Financial Health criteria checks 4/6
Saudi Arabian Amiantit has a total shareholder equity of SAR972.4M and total debt of SAR266.7M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are SAR2.2B and SAR1.2B respectively.
Key information
27.4%
Debt to equity ratio
ر.س266.69m
Debt
| Interest coverage ratio | n/a |
| Cash | ر.س112.89m |
| Equity | ر.س972.43m |
| Total liabilities | ر.س1.18b |
| Total assets | ر.س2.16b |
Recent financial health updates
No updates
Recent updates
Why Saudi Arabian Amiantit's (TADAWUL:2160) Earnings Are Weaker Than They Seem
Nov 04
The Saudi Arabian Amiantit Company's (TADAWUL:2160) Shares Leap 32% Yet They're Still Not Telling The Full Story
Sep 05Investors Shouldn't Be Too Comfortable With Saudi Arabian Amiantit's (TADAWUL:2160) Earnings
May 05Investors Holding Back On The Saudi Arabian Amiantit Company (TADAWUL:2160)
Apr 18The Saudi Arabian Amiantit Company (TADAWUL:2160) Stock Catapults 31% Though Its Price And Business Still Lag The Industry
Jan 01The Market Doesn't Like What It Sees From The Saudi Arabian Amiantit Company's (TADAWUL:2160) Revenues Yet
Jun 09How Much Did Saudi Arabian Amiantit's(TADAWUL:2160) Shareholders Earn From Share Price Movements Over The Last Five Years?
Dec 16
Financial Position Analysis
Short Term Liabilities: 2160's short term assets (SAR1.3B) exceed its short term liabilities (SAR948.0M).
Long Term Liabilities: 2160's short term assets (SAR1.3B) exceed its long term liabilities (SAR236.0M).
Debt to Equity History and Analysis
Debt Level: 2160's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: 2160's debt to equity ratio has reduced from 355.6% to 27.4% over the past 5 years.
Debt Coverage: 2160's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 2160's interest payments on its debt are well covered by EBIT.